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Mixed-Use Corner Walkup Building

162 3rd Avenue New York, NY 10003

162 3rd Avenue, New York, NY, 10003
Contact for pricing
For Sale
Contact for pricing
Pending

Four-story corner walkup with ground-floor retail and fifteen rent-stabilized apartments on a built-out 25.5' x 100' lot.

Days on Market104

Property Features for 162 3rd Avenue

General Information

Standard status
Pending
Property subtype
Multifamily, Mixed Use
Listing agency Holliswood Development LLC
Listed by Steven Lusby · License #NY 10401267438
Source Crexi
Added: Apr 10 Updated: Jul 20 at 8:15PM Checked: Jul 20 at 8:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Holliswood Development LLC


Investment Insights

Based on property information with market context.

162 3rd Avenue is a four-story mixed-use corner walkup building built full on a 25.5’ x 100’ lot. The property totals 9,500 SF and is zoned C1-9A, with zoning providing approximately 16,000 SF of air rights. The ground floor retail unit is currently occupied by a health food store that has been in operation at this location since 1995; the retail can be delivered vacant.

The residential portion includes fifteen rent-stabilized apartments with an apartment mix of 6 one-bedroom units and 9 alcove studio units. The building has been maintained with capital improvements, including a roof update in 2011 and a new gas boiler installed in 2008.

The property’s configuration supports ongoing mixed-income use, combining street-level retail with a clearly defined residential unit mix designed around one-bed and alcove studio layouts.

Key Highlights

  • 4‑story corner mixed‑use walkup on the southwest corner of 3rd Avenue and 16th Street in Gramercy Park
  • 9,500 SF building built full on a 25.5' x 100' lot, zoned C1‑9A
  • Zoning provides 16,000 SF of air rights

Property Analytics

Location Intelligence

Current Use by Public Records

Health Food Store Specialty Food Shop La Citta Pizzeria Restaurant

Suggested Use

Nursing Home Auto Parts Store Nursing Home Auto Repair Shop Adult Day Care Buffet Butcher Pet Grooming Service Clothing & Fashion Store Fish Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Four-story corner walkup with ground-floor retail and fifteen rent-stabilized apartments on a built-out 25.5' x 100' lot.
Where is this mixed-use property located?
The property is located at 162 3rd Avenue New York, NY.
What are key features of this property?
This property features: 4‑story corner mixed‑use walkup on the southwest corner of 3rd Avenue and 16th Street in Gramercy Park; 9,500 SF building built full on a 25.5' x 100' lot, zoned C1‑9A; Zoning provides 16,000 SF of air rights
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