$4,950,000
Updated 5 years ago
Sold
243 East 58th Street
Midtown East, Manhattan | Third Ave & Second Ave
4,160 Square FeetMixed Use
$4,950,000
floors / apts4 / 3
Lot Size20'x100'4"
Built Size20'x222'4"
ZoneC28
Building TypeLow-Rise
RE Taxes$94,832
Price Per SF
$1,190
Building Amenities
- Voice Intercom
Property Description for 243 East 58th Street
JLL has been retained on an exclusive basis to arrange for the sale of 243 East 58th Street, previously home to Felidia, the acclaimed Manhattan East Side flagship of Lidia Bastianich. Ideally located on the north side of East 58th Street between Second and Third Avenues, the property totals approximately 5,308 square feet. The fully built out restaurant space stretches across over 3,500 SF on the firs t and second floors. The building also includes two 731 square foot floor-through free market apartments on floors 3 and 4. In addition to the existing building there are also approximately 14,776 square feet of development rights that could be incorporated into a future assemblage. 243 East 58th Street represents an incredible investment and/or restaurant user opportunity. The property has undergone extensive renovation in recent years including infrastructure and structural upgrades. Furthermore, the commercial space boasts a state-of-the-art kitchen build out and elegantly appointed interiors. The ideal location boarding Midtown East and the Upper East Side provides access to a diverse client base of residents as well as a robust corporate presence. Transportation options abound the property with access to the 59th Street Lexington Avenue subway station just 3 blocks away providing access to the 4, 5, 6 and N, R, W trains along with the F and Q trains at 63rd Street.
Listing History for 243 East 58th Street
Now
11/09/2020
Sold and Closed by Bob Knakal
JLL
10/16/2020
$4,950,000
Initial Price by Bob Knakal
JLL
Building Details for 243 East 58th Street
OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1912
Floors/Apts4/3
Transit and Citi Bike
Subway
Lexington Av/59 St
0.2 miles
59 St
0.21 miles
Lexington Av/53 St
0.28 miles
Lexington Av/63 St
0.31 miles
51 St
0.41 miles
Citi Bike
E 58 St & 3 Ave
0.12 miles
E 56 St & 3 Ave
0.14 miles
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: 79919TH
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