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243 58Th St New York, NY 10022

For Sale
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Renovated 4,160 SF, 5 Units, NNN Lease

Property size:
4,160 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional mixed-use building at 243 E 58th St in New York City presents a unique investment opportunity. Boasting 4,160 square feet across four stories, this property underwent a complete renovation in 2023. The building features five units, including a thriving, newly renovated Michelin-style Korean BBQ restaurant, Nubiani Korean BBQ, operating under a triple-net (NNN) lease. Four additional free-market units provide further income potential and flexibility. Constructed in 1912, this building benefits from its prime location in the heart of Manhattan, zip code 10022, within New York County. The permitted zoning is versatile, encompassing R8B, C2-8, and TA/8c classifications, allowing for a range of potential uses and future development options. The property's strong tenant occupancy and recent renovation ensure immediate cash flow and long-term value appreciation. This is an ideal acquisition for investors seeking a stable, high-return investment in a highly desirable New York City location. The building's solid construction and updated amenities combine to create a compelling offering in a vibrant and sought-after neighborhood. This is a rare opportunity to own a piece of New York City real estate with significant upside potential.

Property Features for 243 58Th St

General Information

Property type
Mixed-use properties
Square Feet
4,160 SF

Building Details

Year Built/Renovated
1912/2023
Buildings
1
Stories
4
Units
5

Property Profile Insight Report Location Intelligence

Current Use by Public Records

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

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9651449
Latitude
40.7603351

FAQs

What type of property is this?
Mixed-use property - Renovated 4,160 SF, 5 Units, NNN Lease
Where is this mixed-use property located?
The property is located at 243 58Th St New York, NY.
More about this property
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