$6,300,000
Updated 11 years ago
Off Market

321 East 58th Street

Midtown East, Manhattan | First Ave & Second Ave

8,850 Square FeetMixed Use

$6,300,000
apts3
Lot Size30'9"x100'6"
ZoneR8B
Building TypeTownhouse
RE Taxes$54,277
Price Per SF
$712

Listing Features

  • Beamed Ceilings
  • High Ceilings
  • Oversized Windows

Outdoor space and views

  • Bridge Views
  • City Views
  • Courtyard
  • Garden Views
  • Partial City
  • Queensboro Bridge
  • Skyline Views
  • Townhouse Views
  • Treeline Views

Building Amenities

  • Voice Intercom

Property Description for 321 East 58th Street

PRICED TO SELL!!

With an additional 5,550 buildable square feet on top of the existing 8,850sf, this 31' Wide Sutton area townhouse has the potential to become the mansion you've always dreamed of, but never thought existed...

Its proximity to the Upper East Side's famed shopping districts, the office towers of Midtown, and the United Nations make an ideal opportunity for a single family home, permanent UN headquarters, multi-family investment, or conversion to a boutique condominium.

Layouts

Cellar: 2,000sf w/ 8'8" ceilings

1st floor: 2,950sf w/ 12’ 6” ceilings
-Ideal for commercial use

2nd floor: 1,800sf w/ 10’ ceilings
-2 or 3 bedrooms, 3 baths
-2 large private terraces

3rd floor: 1,100sf w/ 10’ ceilings
- 1 or 2 bedrooms, 1 bath
-Large private terrace

4th floor: 1,000sf w/ 13’+ ceilings
-Loft-like bedroom, 1 bath
-Private terrace


Comments:

• The ground floor is built to the full width of the lot line, with the exception of a 10’ walkway for direct entrance to the commercial space, and a private entrance to the 2nd floor.

• Corner lot - 80% lot coverage allowable.

• Upper floors may be built to full 31’ width

• Commercial space is grandfathered in, and may remain if existing structure is kept.

• Can hold up to 18 apartments.

Building Details for 321 East 58th Street

OwnershipMixed Use
Building TypeTownhouse
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built1958
Apts3
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/59 St
0.27 miles
59 St
0.29 miles
Lexington Av/53 St
0.3 miles
Lexington Av/63 St
0.36 miles
51 St
0.45 miles

Citi Bike

E 58 St & 1 Ave (NW Corner)
0.07 miles
E 58 St & 1 Ave (NE Corner)
0.1 miles

Contact Agents

Contact Agents

Ceasar Salama
Luxury Property Group
Morris Sabbagh
Luxury Property Group

Midtown East | Manhattan

Quick Profile

Midtown West and Midtown East have a lot in common. They’re bustling, iconic, and full of people. But just like siblings, their personalities can be vastly different. Midtown East is a bit more sophisticated and doesn’t quite have the vivacity and unruliness that its westerly counterpart exudes. 

Midtown East is bordered by 42nd to the south, 59th Street to the north, 5th Avenue to the west, and 3rd Avenue to the east. 

The neighborhood is famous for its high-end stores, tourist attractions, posh hotels (budget ones too), and iconic architecture. Midtown East is also one of the largest financial and business hubs in Manhattan. During normal business hours the sidewalks are full of commuters and people moving from point A to point B. In the early evening, when the masses have left for the day, things suddenly get a little quieter and the sidewalks have a lot less foot traffic.  

Although largely a commercial neighborhood, residential areas of Midtown East do exist on the eastern section of the neighborhood. 

Grand Central Station is located in Midtown East and like Midtown West, it’s an extremely commutable neighborhood. The 4, 5, 6, 7 and S trains whisk people in and out of the neighborhood 24 hours a day. Grand Central Station also serves as a hub for New York State and Connecticut commuter rails. These trains can take you anywhere along the Hudson River or up into Connecticut. It’s perfect for day tripping. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 52088TH