222 E 58th St New York, NY 10022

Listing agency Marcus & Millichap - Manhattan

Listed by Barry Kimchy · License #NY 30KI0738430

Source Crexi

Added: Apr 10 Updated: Jul 20 at 8:16PM Checked: Jul 22 at 2:09PM

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Investment Insights

Based on property information with market context.

A three-tenant retail condominium totaling 4,250 square feet at the base level of Harridge House. The property includes approximately 50 feet of frontage and is currently 100% occupied with a barber, a light bulb store, and a caterer. Lease details provided indicate original ten-year leases signed recently, with annual increases of 2.5% for the light bulb store and 3% for the caterer and barber, and base stop lease types.

The building is located mid-block at 222 East 58th Street between 2nd and 3rd Avenues. The surrounding block has served the D & D (Designers & decorated) industry for more than 90 years, with showrooms featuring local and European designers for home furniture.

The light bulb store is reported at 1,950 square feet, and the caterer occupies 2,000 square feet, described as the entire basement space. The barber occupies 300 square feet.

Key Highlights

• 4,250 SF, three‑tenant retail condominium at the base level of Harridge House with approx. 50 ft of frontage
• All three units are 100% occupied with tenant mix including a barber, light bulb store, and caterer
• Light bulb store tenant occupies 1,950 SF with 2.5% annual increases and a base stop lease

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FAQs

What type of property is this?

Retail space - Retail condominium at the base level of Harridge House with three 100% occupied units and approx. 50 feet of frontage.

Where is this retail space located?

The property is located at 222 E 58th St New York, NY.

What are key features of this property?

This property features: 4,250 SF, three‑tenant retail condominium at the base level of Harridge House with approx. 50 ft of frontage; All three units are 100% occupied with tenant mix including a barber, light bulb store, and caterer; Light bulb store tenant occupies 1,950 SF with 2.5% annual increases and a base stop lease