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Highlights

  • Prominently positioned on the corner, this property offers exceptional visibility, dual street frontage, and enhanced natural light throughout.
  • Prime Midtown Manhattan location in the vibrant Kips Bay neighborhood.
  • Close to shopping, dining, and entertainment options along Second Avenue and nearby Murray Hill and Gramercy,
  • Close to Hospitals and Movie Theater
  • Just blocks from Grand Central Terminal, offering easy access to subway and commuter rail lines.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground, Ste Corner
  • 1,600 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Full Build-Out
  • Now

Turnkey Vented Restaurant for Lease

  • Listed rate may not include certain utilities, building services and property expenses
  • Central Air Conditioning
  • Corner Space
  • Basement
  • Gas
  • 2nd Generation CORNER Restaurant
  • Fully Built-Out as a Restaurant or Café Space
  • Freezer Space
  • Finished Ceilings: 9’
  • Vented
  • Outdoor Seating
Space Size Term Rental Rate Space Use Build-Out Available
Ground, Ste Corner 1,600 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out Now

Ground, Ste Corner

Size
1,600 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

Ground, Ste Corner

Size 1,600 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Build-Out Full Build-Out
Available Now

Turnkey Vented Restaurant for Lease

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Central Air Conditioning
  • Freezer Space
  • Corner Space
  • Finished Ceilings: 9’
  • Basement
  • Vented
  • Gas
  • Outdoor Seating
  • 2nd Generation CORNER Restaurant

Property Facts

Total Space Available 1,600 SF
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 5,236 SF
Year Built/Renovated 1910/1963
Cross Streets E 32nd

About the Property

581 Second Avenue is a classic four-story mixed-use building located in the heart of Kips Bay, Manhattan. Built in 1910 and last renovated in 1963, this property spans approximately 5,236 square feet and sits on a 1,825 sq ft lot. It features six residential units and one commercial storefront, making it ideal for both income generation and long-term investment. With a Walk Score of 100, residents enjoy unparalleled access to public transportation, dining, shopping, and medical facilities. The building’s prime location near East 32nd Street places it within walking distance of Grand Central Station, NYU Langone, and several top-rated schools, offering a vibrant urban lifestyle in a well-established neighborhood.

Very walkable
80/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Nearby Major Retailers

Crunch Fitness
Bank of America
Capital One
Td Bank
Citi
New York Sports Club
Jenny Craig
Equinox
D'Agostino
Trader Joe's
  • Listing ID: 37971058

  • Date on Market: 2026-08-04

  • Last Updated:

  • Address: 581 Second Ave, New York, NY 10016

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