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.
Address
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Address: 216 3rd Avenue
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City: New York City
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State/county: NY
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Zip/Postal Code: 10003
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Area: Gramercy Park
Details
Updated on June 17, 2026 at 5:31 pm-
Property ID RLS20096423
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Price $5,250,000
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Property Size 4320 Sqft
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Bathrooms 5
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Garage Size x x
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Year Built 1900
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Type Multi Family, Residential
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Property Status Active, For Sale
Additional details
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Cooling Window Unit(s)
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County New York
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Property Type Residential
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Architectural Style Prewar, Walk-Up
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