About this home

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.

Facts and features

Schools

• P.S. 40 Augustus St.-Gaudens

  elementary · K-5 · 0.2 mi

  8

• Jhs 104 Simon Baruch

  middle · 6-8 · 0.2 mi

  8

• The Clinton School

  middle · 6-12 · 0.4 mi

  7

• Friends Seminary

  elementary · K-12 · 0.1 mi

• Success Academy Union Square

  elementary · K-8 · 0.1 mi

  10

• Union Square Academy For Health Sciences

  high · 9-12 · 0.1 mi

  6

Price history

• Jun 9, 2026 · Listed$5,250,000

Where it is