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Highlights
- 20' Double-Height Atrium
- ADA Elevator
- Live Wall with Irrigation System
- High-Quality Design
- New Mechanicals - HVAC
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 3,800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
242 East 58th Street presents a rare, design-forward retail leasing opportunity offering approximately 3,800 RSF across three beautifully renovated levels in the heart of Manhattan’s Design District. Originally conceived as a high-end experiential retail environment, the space features high-quality finishes throughout its three levels, including natural stone flooring, architectural lighting, custom millwork and elevator connecting each level. A dramatic 20-foot double-height atrium and open mezzanine create exceptional volume, while expansive skylights bring natural light deep into the space. At the rear of the ground floor, a spectacular two-story living green wall creates an unforgettable focal point, complete with a built-in irrigation system and abundant natural light from above. The open, flexible floorplates are complemented by high ceilings, recessed and track lighting, restrooms, renovated lower level and newly upgraded mechanical systems. With approximately 18 feet of street frontage and a sophisticated, turnkey interior, 242 East 58th Street offers an exceptional setting for luxury retail, gallery, furniture or design showroom, wellness, beauty, or med-spa uses seeking a distinctive flagship-quality environment.
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 242 E 58th St, New York, NY 10022
- Tenant
- Description
- US Locations
- Reach
- Fluent
- Other Office
- 5
- Regional
| Tenant | Description | US Locations | Reach |
| Fluent | Other Office | 5 | Regional |
Property Facts
| Total Space Available | 3,800 SF | Gross Leasable Area | 12,280 SF |
| Property Type | Retail | Year Built | 1901 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 3,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 12,280 SF |
| Year Built | 1901 |
About the Property
242 East 58th Street presents a rare, design-forward retail leasing opportunity offering approximately 3,800 RSF across three beautifully renovated levels in the heart of Manhattan’s Design District. With approximately 18 feet of street frontage and a sophisticated, turnkey interior, 242 East 58th Street offers an exceptional setting for luxury retail, gallery, furniture or design showroom, wellness, beauty, or med-spa uses seeking a distinctive flagship-quality environment.
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Nearby Major Retailers
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242 E 58th St
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