315 E 58th Street, New York, NY 10022

For Sale$4,150,000

315 East 58th Street, New York, New York, 10022, New York, NY 10022

  • Unassigned

315 E 58th Street, New York, NY 10022, New York, NY 10022 - Unassigned Space

315 E 58th Street, New York, NY 10022 is located at 315 East 58th Street, New York, New York, 10022 in the Sutton Place neighborhood, NY, New York, 10022. The Class C5 Unassigned building was completed in 1940 and features a total of 8,963 Sqft.

There are 12 unassigned spaces for lease in the Sutton Place neighborhood, totaling 14,992 Sqft of available unassigned space. The unassigned space availability for the 10022 zip code is 8,451,559 Sqft, in 731 unassigned spaces.

In 1940, the same year 315 E 58th Street, New York, NY 10022 was built, 27 more commercial properties (office, industrial, retail) over 50,000 square feet were built in New York, featuring 706,042 square feet of commercial space.

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Details

  • Price $4,150,000
  • City New York
  • Neighborhood Sutton Place
  • Zip Code 10022
  • Market Manhattan
  • Property Type Unassigned
  • Property Size 8,963 Sqft
  • Lot Size 0.06 Acre
  • Building Class C5
  • Year Built 1940
  • Date Updated 28 Feb, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

Cushman and Wakefield has been retained on an exclusive basis to arrange for the sale of 315 East 58th Street, a five-story, multifamily building in Midtown Manhattan. The property is currently configured as 10 residential units, 2 of which are owner occupied.

The rental revenue is currently below market, allowing investors to make renovations and significantly increase cash flow.

Located between First and Second Avenues, the property is conveniently located in the prestigious neighborhood of Sutton Place, just minutes from Bloomingdales and other major retailers. In addition, this property is served by a robust public transportation network, with the Roosevelt Island Tramway just steps away and the N, R, W, Q, & F Trains.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 315 E 58th Street, New York, NY 10022?

315 E 58th Street, New York, NY 10022 totals 8,963 square feet.

When was this property built?

315 E 58th Street, New York, NY 10022 was built in 1940.

Sutton Place Demographics

The average household income in zip code 10022 is $248,983, from a total of 18,049 households. In terms of employment, there are 98.37 % white-collar and 1.63 % blue-collar jobs in zip code 10022.

Population

  • Total Population31,130
  • Male Population(45.4 %) 14,145
  • Female Population(54.6 %) 16,985
  • Median Age46.20

Income/Financial

  • Average Household Income$256,608
  • Median Household Income$150,718
  • Median Income Under 25$67,355
  • Median Income 25-44$160,786
  • Median Income 45-64$208,145
  • Median Income Over 65$101,375

Commercial Brokers Register now to add listings

Will Conrad

Cushman & Wakefield

(212) 660-7740

Jonathan Garfinkel

Cushman & Wakefield

(212) 660-7713