For Sale
Call for price

243 58Th StNew York, NY 10022

Renovated 4,160 SF, 5 Units, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
116
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 Details for 243 58Th St

Property type
Mixed-use properties
Square Feet
4,160 SF
Year Built/Renovated
1912/2023
Buildings
1
Stories
4
Units
5

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7603351
Longitude
-73.9651449
243 58Th St, New York, New York

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243 58Th St
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