Skip to main content

Mixed-Use

232 East 58th Street

232 E 58th St, New York, NY 10022

Listing Price: $4,300,000

Cap Rate
2.30%
Number of Units
4
Occupancy
50.0%
Price/Unit
$1,075,000
Price/Gross SF
$903.36
Gross SF
4,760

Investment Overview

Marcus & Millichap is pleased to offer 232 East 58th Street, presenting a rare opportunity to acquire 4-unit mixed use building in the heart of Midtown East. 232 East 58th Street has been owned and operated by the same family for over 70 years and is positioned just off the corner of East 58th Street and 2nd Avenue. 232 East 58th Street sits on a 20' X100.42' SF lot with R8B Zoning.

Investment Highlights

  • 232 East 58th Street, built in 1901, is comprised of 4 mixed-use units, spans 4 stories and sits on a 20' X100.42' SF lot, approx 4760 SF.
  • 100% Free Market | | Zoning : R8B | Tax Class: 4
  • 232 East 58th Street has direct access to the 4/5/6, N/R/W, F, and Q subway lines, the Queensboro Bridge, and major bus routes, the location offers unrivaled connectivity to the entire city.

Exclusively Listed By

Financing By

Mixed-Use

232 East 58th Street

Listing Price: $4,300,000

Cap Rate
2.30%
Number of Units
4
Occupancy
50.0%
Price/Unit
$1,075,000
Price/Gross SF
$903.36
Gross SF
4,760

Investment Highlights

  • 232 East 58th Street, built in 1901, is comprised of 4 mixed-use units, spans 4 stories and sits on a 20' X100.42' SF lot, approx 4760 SF.
  • 100% Free Market | | Zoning : R8B | Tax Class: 4
  • 232 East 58th Street has direct access to the 4/5/6, N/R/W, F, and Q subway lines, the Queensboro Bridge, and major bus routes, the location offers unrivaled connectivity to the entire city.

Investment Overview

Marcus & Millichap is pleased to offer 232 East 58th Street, presenting a rare opportunity to acquire 4-unit mixed use building in the heart of Midtown East. 232 East 58th Street has been owned and operated by the same family for over 70 years and is positioned just off the corner of East 58th Street and 2nd Avenue. 232 East 58th Street sits on a 20' X100.42' SF lot with R8B Zoning.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower