• Rare Opportunity & Long Term Ownership. The property has been owned and operated by the same family for over70 years, presenting a rare opportunity to acquire a 4-unit mixed-use building in the heart of Midtown East. • Restaurant/Retail End User Potential. The current restaurant lease expires in November 2027 with no option to extend, providing unrivaled end-user potential to own and operate a restaurant, or repurpose the retail into other use. The space features 2,000 square feet on the ground floor, a full vented kitchen, a liquor license, and a full basement formeal prep and additional storage. • 100% Free Market – Value Add & Retail Repositioning. 232 East 58th Street represents a true value-add & retailrepositioning opportunity. The asset consists of four units: a ±2,000 SF ground-floor retail space currently leasedsignificantly below market, a full-floor boutique office, and two free-market residential units – both of which can be converted to 2BR layouts to increase cash flow. Statutorily exempt from rent stabilization, the building is 100% free-market, providing for immediate upside. Additionally, floors 2 & 3 will be delivered vacant upon sale, providing for immediate business plan execution upon acquisition. • Multiple Investment Strategies. 232 East 58th Street features multiple investment strategies, including, but notlimited to: converting the office floor to residential to capture historically strong rental demand, transitioning the assetinto protected Tax Class 2A status, repositioning the under-market retail as the current term nears expiration, potentialend-user occupancy of the restaurant, and executing a value-add business plan through cosmetic renovations toincrease cash flow significantly. • Unrivaled Location. Positioned just off the corner of East 58th Street and 2nd Avenue, 232 East 58th Street sits on a quiet, tree-lined block at the nexus of Midtown East and the Upper East Side—two of Manhattan’s most affluent and high-demand neighborhoods. The property is surrounded by high-end national retailers, luxury condo towers, andongoing residential development, forming a dense live-work-play ecosystem. With direct access to the 4/5/6, N/R/W, F, and Q subway lines, the Queensboro Bridge, and major bus routes, the location offers unrivaled connectivity to the entire city. Resultantly, high-profile renters and retailers are eager to pay a premium for all this area has to offer.