He was rushed by police to the nearby New York Presbyterian Hospital.
His injuries were not considered life threatening.
The suspect, believed to be a homeless man pushing a baby stroller or cart, fled the scene. Search dogs were also looking for the suspect.
He was described as 5'7" tall, approximately 40 to 45 years old, with long dreadlocks.
Investigators have been searching the area between York Ave. and the FDR Drive.
The victim remains in the hospital in stable condition.