What action are you talking about? The only thing in Sukhumvit, really, are a few massage parlors (notably Hero, Albury, B&N if still open, Body Club, and the Ambassador Hotel health club).
The bar action is mostly in Silom and Saphan Kwai, the sauna action is all over (Silom/Sathorn, Ramkhamhaeng, Saphan Kwai). Suck cinemas are at Saphan Kwai, the riverside area (the Prince), Samrong (the State), Chinatown, and Nonthaburi (Nonthaburi Rama). Cruising is all over the place.
Anyway, to answer your question: yes, during most of the days it will take you probably 45 minutes to travel by taxi from the riverside to Sukhumvit. But there is plenty nearby to keep you busy: saunas (Heaven, Sauna Mania, Babylon), bars, massage parlors (Aqua, Adonis, Senso, Fan Club, K-Why, Arena), etc., etc. Nothing you'd need to commute to Sukhumvit for, that's for sure.
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