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NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Building Area

Property description

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 first 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.

Investment highlights

  • 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 first 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.
Last Updated Date: 15 Sep 2021
Bob Knakal
Bob Knakal
Chairman, NY Investment Sales, New York Office Co-Head
Broker Licenses
NY-10311207925
Clint Olsen
Clint Olsen
Managing Director, Capital Markets
Broker Licenses
NY-10301212298

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Last Updated Date: 15 Sep 2021

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