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$4,890,200
List Price: $4,990,000
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222 East 58th Street #RETAIL
Condo in Sutton Place •  building info
1bd • 4,000ft² $1,248 per ft²
Buy with Yoreevo

$4,890,200

List Price

$4,990,000

Key Details
Days on market
106
Last price change
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Estimated payment
$39,933/mo
Taxes
$9,535/mo
Common charges
$2,012/mo
Description
The Property features approximately 50 feet of frontage with a striking wall of windows, offering excellent street visibility. It consists of approximately a 1,600-square-foot ground-floor commercial retail space and a 2,400-square-foot vented, finished basement. The ground floor is currently vacant, while the basement is occupied by Viva Events and Catering, a well-established catering company. This offering presents an exceptional opportunity for both investors and end-users to own a retail condominium in Manhattans highly desirable Midtown East neighborhood. End-users can occupy the ground-floor space while collecting rental income from the existing tenant on the lower level. Situated in Manhattans Center of Design District, the Property is adjacent to the Decoration & Design (D&D) Building and The Architects and Designers (A&D) Building. It is surrounded by a vibrant mix of home improvement, furniture, and interior design stores, along with numerous restaurants. It is steps from Bloomingdales, the Bloomberg headquarters, and just a few blocks from major hospitals and Rockefeller University. The location offers easy access to the Queensboro Bridge and is conveniently located just two blocks from the Lexington Avenue/59th Street subway station (serviced by the 4, 5, 6, N, Q, and R lines). Please inquire for financial details.

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Important Stuff
Elevator
Full Time Doorman
Cats Only - No Dogs
Building amenities
Services and facilities
Concierge
Fios Available
Laundry in Building
Live In Super
Parking

Garage

Storage Space
Shared outdoor space
Roof Deck
Building info

History
What it'll cost
Purchase price
$4,990,000
Asking Price: $4,990,000
Term
30 Years
Down Payment
$499,000 (10%)
Min: 10% (499,000)
Rate
6.5 %
Mortgage Amount
$4,491,000
Mortgage Payment
$28,386
Common Charges
$2,012
Taxes
$9,535
Estimated Yoreevo rebate
$99,800
Estimated closing cost
$191,000
Total monthly cost $39,933
Buy your dream home with us and get an estimated $99,800 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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