Contacts

Thomas Gammino

Lee & Associates - New York

Property Details

Property Type Multi-Family
Property Size 9,839 SF
Units 4
Lot Size 0.09 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Year Built 1909
Date Updated Dec 11, 2024

South side of East 58th Street between 2nd Avenue and 3rd AvenueLee & Associates NYC is pleased to present exclusively for sale the mixed-use asset located at 204-206 East 58th Street, New York, NY 10022 (the “Property”). Located in the Decoration & Design section of Midtown East, the Property features 40 feet of frontage on 58th Street between Second and Third Avenue. The current configuration of the building includes commercial units across floors 1 and 2, one of which is a commercial duplex with an internal staircase that occupies the entire second floor and will be delivered vacant. Floors 3 and 4 contain two residential duplexes that are 5-bedroom, 3-bathroom duplexes with internal staircases and private rear terraces that are master leased to an operating company. The property presents the opportunity for a new owner to renovate and re-tenant the vacant commercial space or for a user to occupy same. The building has been well-maintained throughout its long-term ownership over the course of 40 years and presents further upside with approximately 11,651 square feet of available air rights.

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Highlights

Long-Term Ownership
Assumable Financing at 3.2% Until 3/1/2030
Shorter Remaining Lease Terms
Redevelopment Potential
Decoration and Design District

Attachments

204-206 East 58th Street Setup.pdf (PDF) opens in new window

Getting around

100/100
Walk Score ®
100/100
Transit Score ®
80/100
Bike Score ®

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Location

City New York, NY
Neighborhood Central Midtown
Zip Code 10022
Market Manhattan

Points of Interest

East 59th Street & Lexington Avenue at Southeast Corner

0.13 miles
East 60th Street & Lexington Avenue at Southeast Corner

0.15 miles
East 59th Street & Lexington Avenue at Southwest Corner

0.16 miles
Lexington Avenue–59th Street

0.16 miles
East 59th Street & Lexington Avenue at Northwest Corner

0.16 miles
East 60th Street & Lexington Avenue at Northeast Corner

0.17 miles
East 60th Street & Lexington Avenue at Southwest Corner

0.17 miles
East 60th Street & Lexington Avenue at Northwest Corner

0.18 miles
East 53rd Street & 3rd Avenue at Northeast Corner

0.24 miles
East 53rd Street & 3rd Avenue at Northwest Corner

0.24 miles

ChargePoint

0.14 miles
Tesla Supercharger

0.56 miles
Bus Charging Station

0.89 miles
Sunoco

1.29 miles
Citgo

1.39 miles
Atlantic

1.43 miles
Shell

1.44 miles
BP

1.44 miles
Mobil

1.49 miles

Central Parking

0.26 miles
Alpha Garage

0.42 miles
20th Century Garage

0.52 miles
Quik Park Garage

0.59 miles
intlFcstone 10022 LOCi Multi

0.67 miles
iClean

0.75 miles
Icon

0.77 miles
Champion

0.79 miles
Hippodrome Parking

0.89 miles
icon 24hr Parking

0.90 miles

Fitzpatrick

0.13 miles
Hotel 57

0.16 miles
The Carvi Hotel New York, Ascend Hotel Collection

0.17 miles
Lombardy Hotel

0.20 miles
Concorde Hotel

0.20 miles
AKA Sutton Place

0.21 miles
The Palladin

0.23 miles
Four Seasons Hotel

0.27 miles
Courtyard

0.28 miles
Loews Regency

0.30 miles

Katagiri Japanese Grocery

0.07 miles
Whole Foods Market

0.08 miles
Bloomingdale's

0.12 miles
Saks Off 5th

0.17 miles
MUJI

0.18 miles
Morton Williams

0.25 miles
Amazon Go

0.27 miles
Trader Joe's

0.28 miles
TJ Maxx

0.29 miles
Health Nuts Store

0.30 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Map of Property

204 East 58th Street