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Renovated Restaurant Space in Midtown
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243 E 58th St, New York, NY 10022

Turnkey restaurant space in a prime Midtown East location.

Property Size4,160 SF
Days on Market156

Property Features for 243 E 58th St

General Information

Standard status Active
Size 4,160 SF
Property subtype Mixed Use, Retail
Zoning R8B, C2-8, TA / 8c
Listing Agency: PD Properties NYC
Listed By: Elad Dror · License #NY
Source: Crexi
Added: Mar 18 Changed: Aug 12 Last Checked: Aug 19 at 11:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PD Properties NYC

Investment Insights

Based on property information with market context.

The property at 243 East 58th Street is a newly renovated restaurant space situated between Second and Third Avenues in Midtown East. Constructed to meet Michelin-level standards, the space is fully turnkey, making it suitable for an upscale dining concept. The property is offered with a NNN lease. The location is in a well-established retail and dining area, surrounded by popular restaurants and upscale shops. The property provides convenient access to the Queensboro Bridge and FDR Drive, with public transportation options including the 4, 5, 6, N, Q, R, W, and F subway lines. The property size is 4160 square feet.

Key Highlights

  • Newly renovated restaurant space built to Michelin‑level standard and fully turnkey.
  • Located in a well‑established retail and dining area in Midtown East.
  • Suited for an upscale dining concept.

Property Analytics

Current Use

Gori Restaurant Nubiani Korean Barbecue Restaurant Anto Korean Steak ... Restaurant

Suggested Use

Top Pick Auto Parts Store Butcher Auto Repair Shop Nursing Home Daycare Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

40,089
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Crab House 135 E 55th St, New York, NY 10022
  • serv de cominter 678 Lexington Ave, New York, NY 10022

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant space in a prime Midtown East location.
Where is this conventional restaurant located?
The property is located at 243 E 58th St New York, NY.
What are key features of this property?
This property features: Newly renovated restaurant space built to Michelin‑level standard and fully turnkey.; Located in a well‑established retail and dining area in Midtown East.; Suited for an upscale dining concept.
More about this property
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