222 East 58th Street Apt: RETAIL
New York, NY 10022

Building

Type:Apartment
Era:Post-war

Property

Ownership: Unknown
Rooms: 7
Bedrooms: 1 BR
Bathrooms: 2
Pets: Pets No

Financials

Price:$4,990,000
Maintenance:$2,012
Real estate tax:$9,534.90
505 Park Ave, New York, NY 10022
Listing Courtesy of Compass

Description

The Property features approximately 50 feet of frontage with a striking wall of windows, offering excellent street visibility. It consists of approximately a 1,600-square-foot ground-floor commercial retail space and a 2,400-square-foot vented, finished basement. The ground floor is currently vacant, while the basement is occupied by Viva Events and Catering, a well-established catering company. This offering presents an exceptional opportunity for both investors and end-users to own a retail condominium in Manhattan’s highly desirable Midtown East neighborhood. End-users can occupy the ground-floor space while collecting rental income from the existing tenant on the lower level. Situated in Manhattan’s Center of Design District, the Property is adjacent to the Decoration & Design (D&D) Building and The Architects and Designers (A&D) Building. It is surrounded by a vibrant mix of home improvement, furniture, and interior design stores, along with numerous restaurants. It is steps from Bloomingdale’s, the Bloomberg headquarters, and just a few blocks from major hospitals and Rockefeller University. The location offers easy access to the Queensboro Bridge and is conveniently located just two blocks from the Lexington Avenue/59th Street subway station (serviced by the 4, 5, 6, N, Q, and R lines). Please inquire for financial details.

Neighborhood

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The Property features approximately 50 feet of frontage with a striking wall of windows, offering excellent street visibility.


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