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157-161 East 22nd Street 157-161 E 22nd St

6,000 SF 100% Leased Retail Building New York, NY 10010 £7,055,768 (£1,176/SF)

Investment Highlights

  • Prime Gramercy Park Location
  • Condo-Quality Finishes
  • Steps Away from Gramercy Park and Madison Square Park
  • 100% Free Market
  • Tax Class 2A
  • Proximity to Transportation: 4, 5, 6, L, N, Q, R, W

Executive Summary

Avison Young has been engaged by ownership as the exclusive agent to sell 157-161 East 22nd Street (the “Property”), a mixed-use walk-up building featuring 100 feet of wraparound frontage on the northwest corner of 3rd Avenue and East 22nd Street, in the heart of Manhattan’s Gramercy Park neighborhood. The four-story building comprises seven (7)free-market residential apartments and one (1) ground-floor retail space across approximately 6,000 square feet. 157-161 East 22nd Street represents a rare opportunity to acquire an entirely free-market, mixed-use luxury rental property with condo-level finishes in one of Manhattan’s most established residential neighborhoods.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,000 SF
Building Class
C
Year Built/Renovated
1910/2024
Price
£7,055,768
Price Per SF
£1,176
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Building FAR
3.20
Land Acres
0.04 AC
Zoning
C2-8A - Commercial district predominantly residential in character
Frontage
23 ft on 3rd Avenue

Amenities

  • 24 Hour Access
  • Corner Lot
  • Restaurant
  • Air Conditioning
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
Starbucks
Blue Bottle Coffee
Life Time Fitness
Morton Williams Supermarkets
StorageMart
TD Bank
Valley National Bank
HSBC
Club Pilates

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0878-0035
Land Assessment
£416,522
Improvements Assessment
£410,042
Total Assessment
£590,989
  • Listing ID: 33271489

  • Date on Market: 23/09/2024

  • Last Updated:

  • Address: 157-161 E 22nd St, New York, NY 10010

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