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Gramercy Park, Manhattan, NY 10003
Property Type
Multi Family
Central AC
No
Pets Allowed
Yes
Year Built
1900
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.
5
5
0
Manhattan
RLS20096423
4,320 Sqft
Gramercy Park
Multi Family
1900
See Remarks
Multi Family
3
1900
Yes
Gramercy Park
Manhattan
Yes - Window Unit(s)
0
Total$27,520.89/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
| Address | Size | Sold For |
|---|---|---|
| 301 East 22nd Street, #7S #7SGramercy Park | 1 BR / 1 BA | $680,000 |
| 7 Lexington Avenue #PHD #PHDGramercy Park | 1 BR / 1 BA | $1,450,000 |
| 60 Gramercy Park North #16F #16FGramercy Park | 1 BR / 1 BA | $135,500,055 |
| 7 Lexington Avenue #2A #2AGramercy Park | 1 BR / 1 BA | $1,350,000 |
| 7 Lexington Avenue #7G #7GGramercy Park | 1 BR / 1 BA | $1,300,000 |
| 242 East 19th Street #10D #10DGramercy Park | 1 BR / 1 BA | $930,000 |
| 301 East 22nd Street #10V #10VGramercy Park | 1 BR / 1 BA | $600,000 |
| 205 Third Avenue, #5D #5DGramercy Park | 1 BR / 1 BA | $800,000 |
| 201 East 25th Street #2A #2AGramercy Park | 1 BR / 1 BA | $740,000 |
| 201 East 25th Street, #2A #2AGramercy Park | 1 BR / 1 BA | $740,000 |
| 201 East 25th Street #PHA #PHAGramercy Park | 1 BR / 1 BA | $650,000 |
| 205 East 16th Street #4-B #4-BGramercy Park | 1 BR / 1.5 BA | $2,075,000 |
Closed sales recorded by Brown Harris Stevens agents.
Gramercy Park is a Manhattan neighborhood generally centered around Gramercy Park, located between East 14th and East 23rd Streets and from Park Avenue South to First Avenue. The area is defined by a…
RLSat REBNYThis information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
Last Updated: Jun 9, 2026 at 3:12 AM
RLS Data displayed by Brown Harris Stevens