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243 E 58th St 5,308 SF 100% Leased Retail Building New York, NY 10022 $10,646,750 ($2,005.79/SF) 6% Cap Rate
Executive Summary
Located between Second and Third Avenues, this newly renovated mixed-use property in Midtown East features a Michelin-style restaurant on a NNN lease.? The building is surrounded by many upscale restaurants and retail stores, and is nearby the Queensboro Bridge and FDR Drive, with convenient access to subway lines 4, 5, 6, N, Q, R, W, and F.?
?Newly renovated Michelin style restaurant
?NNN lease
?Surrounded by many upscale restaurants and retail stores
?Nearby the Queensboro Bridge and FDR Drive
?Subway lines: 4, 5, 6, N, Q, R, W, F
?Newly renovated Michelin style restaurant
?NNN lease
?Surrounded by many upscale restaurants and retail stores
?Nearby the Queensboro Bridge and FDR Drive
?Subway lines: 4, 5, 6, N, Q, R, W, F
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
5,308 SF
Building Class
B
Year Built/Renovated
1912/2018
Price
$10,646,750
Price Per SF
$2,005.79
Cap Rate
6%
NOI
$638,805
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.44
Lot Size
0.05 AC
Zoning
C2-8 R8B - Mixed used Commercial and Residential on the Upper East side
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Antonio Garden NY Inc
- Retailer
- -
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Antonio Garden NY Inc | Retailer | - | $9.99 | Lorem Ipsum | - |
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1332-0120 | Improvements Assessment | $491,923 |
| Land Assessment | $311,400 | Total Assessment | $803,323 |
Property Taxes
Parcel Number
1332-0120
Land Assessment
$311,400
Improvements Assessment
$491,923
Total Assessment
$803,323
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