Asking Price Contact for pricing
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

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
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. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. 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.
I accept the confidentiality agreement I accept the confidentiality agreement
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.

Attributes

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: 30 Sep 2021
Bob Knakal
Bob Knakal
Chairman, NY Investment Sales, New York Office Co-Head
License details
NY-10311207925
Clint Olsen
Clint Olsen
Managing Director, Capital Markets
License details
NY-10301212298

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 30 Sep 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.