Construction is wrapping up on 232 East 54th Street, a 420-foot-tall residential tower in Midtown East. Located between Second and Third Avenues, the 40-story structure is designed by Ismael Leyva Architects and Elk Investors is listed as the developer, though YIMBY last reported that ownership may have fully transferred to Mossanen Group under the East 54th Street Properties LLC.
Photographs from the nearby streets, from above the city, and from the East River show the understated exterior design and modestly tall height of the edifice among the surrounding neighborhood.
The tower features a symmetrical grid of large square windows on all four sides topped with an open-air wraparound terrace space and a crown with an array of vertical slits. A flat roof parapet caps the structure. Light-colored stone panels surround the floor-to-ceiling windows.
The crown was previously depicted in a nighttime rendering to illuminate, as illustrated below.
232 East 54th Street is set to yield a total of 130 rental units atop ground-floor retail space. Residential amenities include a fitness center, a shared rooftop terrace, an outdoor entertainment space, a laundry room, and a bicycle storage room. The nearest subways from the property include the E and M trains at the Lexington Avenue-53rd Street station and the 4, 5, 6, N, R, and W trains at the Lexington Avenue-59th Street station.
Interiors should be well underway and almost done at this point, and 232 East 54th Street could perhaps reach completion by this summer.