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235 58th St New York, NY 10022-1201

OFF-MARKET Retail residential properties Google Maps
4,005 SF 0.04 ac lot Built 1900
Entity Owned Free & Clear
Estimated value (blended)
$2.88M
Range $2.59M – $3.17M (±10%)
Property ID US63-2349018

Property summary

AI-generated overview

This exceptional 4,005 square foot, three-story mixed-use property at 235 East 58th Street in New York City's Turtle Bay submarket offers a unique blend of retail and residential space. The building, constructed in 1900 and renovated in 2014, features 1,700 square feet of ground floor retail space ideal for a showroom or other dry use business. Above the retail space is a 500 square foot second-floor office, perfect for business operations. Completing this unique offering is a luxurious 1,700 square foot duplex residence with two full bathrooms and one half bathroom, providing a comfortable living space. The property boasts a desirable location in Central Midtown, surrounded by upscale residential areas and high-end retailers such as The Home Depot, CB2, and the D&D Building. Conveniently located near the 59th Street (4, 5, and 6 lines) and 63rd Street (F and Q lines) subway stations, this property provides unparalleled access to public transportation. The building is zoned R8B, allowing for mixed-use development. The property is currently vacant and move-in ready. With a total building area of 4,009 square feet and a lot size of 1,674 square feet (16.67 ft x 100.42 ft), this property presents a rare opportunity to combine business and residential living in a prime Manhattan location. Annual property taxes are $19 per square foot. There is no on-site parking.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1900
Total area 4,005 SF
Lot 0.04 ac (1,674 SF)
Zoning code R8B
APN 01332-0017
UPID US63-2349018

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.97M
Comparable Approach Comparable
$3.56M
Blend (final) Blend
$2.88M

Owner & transaction history

since 2026
Last sale
$3.0M
3 recorded transactions
2026
$3.0M
2013
$4.2M
1969
Price N/A

Zoning & alternative use

R8B · New York, NY
Top alternative use upside
Warehouse, storage $3.3M +5.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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