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235 E 58th St

4,003 SF 3% Leased Retail Building New York, NY 10022 $4,990,000 ($1,247/SF)

Investment Highlights

  • Turn-key property. two separate entrance for retail + multi propose space and luxury duplex apartment.
  • 1 block to 59th street,4,5,6, subway station 4blocks from Lexington Ave/63st station M, Q

Executive Summary

Prime Midtown East Location: Surrounded by popular interior design and furniture brands such as CB2, Saativa, Soho Concept, Jensen-Lewis Furniture, Resource Furniture, Home Depot, B&B Italia, Ornare NYC.1 block to 59th street,4,5,6, subway station 4blocks from Lexington Ave/63st station M, Q
Property Description: The total building area is 4003 SF. The 1st-floor retail space is 1600 SF, the 2nd-floor front half is a luxury duplex apartment, the other half is a multipurpose room, and the third floor is a luxury duplex apartment.
The Retail + multipurpose room and luxury duplex apartment have two separate entrances.
Ground floor 1600SF retail space
2nd-floor front half 500 SF duplex townhouse, back half 500SF multi-purpose/office room
3rd Floor entire floor 1/2 residential duplex apartment

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,003 SF
Building Class
C
Year Built
1900
Price
$4,990,000
Price Per SF
$1,247
Percent Leased
3%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.30
Land Acres
0.04 AC
Zoning
R8 - Zoning: R8B, mixed use permitted.
Frontage
18 FT on E 58th St

Amenities

  • Bus Line
  • Property Manager on Site

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,700 SF
  • Retail
  • In-Line
  • Now

The ground-floor retail space is 1700 SF, and the second-floor private office is 500 SF, for a total of 2200 SF. Both spaces are available for lease. The rent is $18000 per month. The duplex apartment is 1700SF for $7000 per month. 58th Street between 2nd and 3rd Ave. is near a retail store, Home Depot, CB 2, and the D& D building. All uses are considered. The ground floor and 2nd floor spaces must be leased together.

  • 2nd Floor
  • 500 SF
  • Office
  • -
  • Now

The ground-floor retail space is 1700 SF, and the second-floor private office is 500 SF, a total of 2200 SF, both of which are available for lease. 58th Street between 2nd and 3rd Ave. is near a retail store, Home Depot, CB 2, and the D& D building. All uses are considered. The ground floor and 2nd floor spaces must be leased together.

  • 3rd Floor
  • 1,700 SF
  • Office
  • -
  • Now

2nd And 3rd floor is high-end finish duplex apartment The duplex apartment is 1700SF for $7000 per month.

Space Size Space Use Position Available
1st Floor 1,700 SF Retail In-Line Now
2nd Floor 500 SF Office - Now
3rd Floor 1,700 SF Office - Now

1st Floor

Size
1,700 SF
Space Use
Retail
Position
In-Line
Available
Now

2nd Floor

Size
500 SF
Space Use
Office
Position
-
Available
Now

3rd Floor

Size
1,700 SF
Space Use
Office
Position
-
Available
Now

1st Floor

Size 1,700 SF
Space Use Retail
Position In-Line
Available Now

The ground-floor retail space is 1700 SF, and the second-floor private office is 500 SF, for a total of 2200 SF. Both spaces are available for lease. The rent is $18000 per month. The duplex apartment is 1700SF for $7000 per month. 58th Street between 2nd and 3rd Ave. is near a retail store, Home Depot, CB 2, and the D& D building. All uses are considered. The ground floor and 2nd floor spaces must be leased together.

2nd Floor

Size 500 SF
Space Use Office
Position -
Available Now

The ground-floor retail space is 1700 SF, and the second-floor private office is 500 SF, a total of 2200 SF, both of which are available for lease. 58th Street between 2nd and 3rd Ave. is near a retail store, Home Depot, CB 2, and the D& D building. All uses are considered. The ground floor and 2nd floor spaces must be leased together.

3rd Floor

Size 1,700 SF
Space Use Office
Position -
Available Now

2nd And 3rd floor is high-end finish duplex apartment The duplex apartment is 1700SF for $7000 per month.

Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Td Bank
Chase Bank
Bank of America
Starbucks
Trader Joe's
StretchLab
Crunch
Equinox
Capriotti's
Capital One

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1332-0017
Land Assessment
$313,650
Improvements Assessment
$404,550
Total Assessment
$718,200
Annual Taxes
($4,003) (($1.00)/SF)
Tax Year
2024
  • Listing ID: 33264437

  • Date on Market: 9/21/2024

  • Last Updated:

  • Address: 235 E 58th St, New York, NY 10022

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