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Three-Story Mixed-Use Building

216 3rd Avenue, New York City, NY 10003

For Sale
$5,250,000

The fully leased property includes established tenants and unused air rights.

Property Size4,320 SF
Price / SF$1,215
Days on Market155

Property Features for 216 3rd Avenue

General Information

Standard status Active
Size 4,320 SF
Property subtype Multi Family
Occupancy 100%

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $68,544

Building Details

Building Size 4,320 SF
Year Built 1900
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: AA Management NYC LLC
Listed By: Arie Abadi
Source: Blackandwhiteresidential
Added: Jun 8 Changed: Nov 7 Last Checked: Nov 8 at 8:20PM

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 AA Management NYC LLC

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Investment Insights

Based on property information with market context.

This three-story mixed-use building contains approximately 4,320 square feet and was built in 1900. It is fully occupied by established tenants, and unused air rights are part of the property. The building is on Third Avenue between East 17th and East 18th Streets in Manhattan’s Gramercy neighborhood.

Nearby context includes national retailers, restaurants, residential developments, and major transportation hubs.

Key Highlights

  • Approximately 4,320 square feet across three stories
  • 100% occupied with established tenants
  • Unused air rights

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Prime Renovations NY Construction Company Sathi Restaurant Maya Rose Hormadaly ... Training Center

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Nursing Home Buffet Adult Day Care Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

41,091
Businesses Nearby

Demographics for 10003, NY

57,076
Population
30,730
Households
1.9
Avg Household Size
32
Median Age
82%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
95,127
Density / Sq Mi
$153,750
Median Household Income
$82,560
Median Earnings
$2,772
Median Rent
$1,137,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Mixed-use properties in New York City

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The fully leased property includes established tenants and unused air rights.
Where is this mixed-use property located?
The property is located at 216 3rd Avenue New York City, NY.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Approximately 4,320 square feet across three stories; 100% occupied with established tenants; Unused air rights
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