54 Below is a nonprofit cabaret and restaurant in the basement of Studio 54 in Midtown Manhattan, New York City.

Run by Broadway producers Steve Baruch, Richard Frankel, Marc Routh and Tom Viertel, 54 Below has hosted shows by such performers as Patti LuPone, Ben Vereen, Sierra Boggess, Peggy King, Lea Salonga, Marilyn Maye, Luann de Lesseps and Barbara Cook.

Jennifer Ashley Tepper serves as the Director of Programming at 54 Below.

In September 2015, 54 Below announced a creative alliance with performer and singer, pianist, and music revivalist Michael Feinstein, becoming Feinstein's/54 Below.

[14] A partnership with Broadway Records has produced live albums of selected shows performed at 54 Below.