Property summary
This exceptional mixed-use building, located on West 58th Street in the heart of Midtown Manhattan, New York, NY 10019, presents a rare investment opportunity. The property boasts 9,270 square feet of retail space, ideal for a variety of uses. The asking price is $8,500,000, translating to a price per square foot of $916.94. Significant potential exists due to substantial air rights totaling 15,730 square feet, offering future development possibilities. The building can be delivered vacant, providing immediate occupancy for the new owner. This prime Midtown location offers unparalleled access to high foot traffic, excellent public transportation, and a vibrant commercial environment. The property is classified as a storefront retail building within New York County. This is a unique chance to acquire a well-situated, versatile property with considerable upside potential in one of New York City's most desirable neighborhoods. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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