216 Third Avenue
New York, NY 10003
Cross street:East 18th Street

Building

Type:Low-rise
Era:Post-war
Floors:3

Property

Ownership: Mixed Use
Bedrooms: Studio
Bathrooms: 5

Financials

Price:$5,250,000
Real estate tax:$88,544
594 Broadway, New York, NY 10012, USA
Listing Courtesy of AA Management

Rare opportunity to acquire a fully leased mixed use investment property in the heart of Manhattan's highly desirable Gramercy neighborhood.

Description

Rare opportunity to acquire a fully leased mixed-use investment property in the heart of Manhattan's highly desirable Gramercy neighborhood. Located on Third Avenue between East 17th and East 18th Streets, the property consists of approximately 4,320 square feet across three stories and is 100% occupied with established tenants. The building also benefits from valuable development potential through unused air rights, offering investors both stable in-place income and long-term upside. Surrounded by national retailers, restaurants, residential developments, and major transportation hubs, this asset presents a unique opportunity in one of New York City's most sought-after submarkets.

Amenities

  • Air Conditioning
  • Voice Intercom
  • Walk-up

Neighborhood

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RLS Data display by Nest Seekers LLC.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.