232 East 58th Street features multiple investment strategies, including, but not limited to: converting the office floor to residential to capture historically strong rental demand, transitioning the asset into protected Tax Class 2A status, repositioning the under-market retail as the current term nears expiration, potential end-user occupancy of the restaurant, and executing a value-add business plan through cosmetic renovations to increase cash flow significantly. (Block: 1331, Lot: 33).