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Gramercy Park Loft Retail/Creative Space
For Lease
$14,000/Mo

225 East 21st Street, New York, NY 10010

Unique Gramercy Park loft with flexible space and permissible use.

Space SizeContact for details
Days on Market859

Property Features for 225 East 21st Street

General Information

Standard status Active
Property subtype Residential

Amenities

Beamed ceilings
Central air
Aged Materials and Aquired Patina
Commercial Property
Greek Revival Style
Occupancy: Factory and Industrial
Raw & Rustic Stone and Brickwork
Red Brick and Penciled Brownstone
Unique Venerable Building
Use Group F-F1 & F2

Building Details

Year Built 1888
Units 3
Listing Agency: East Side
Listed By: Stefania Cardinali · License #10301201130
Source: Corcoran
Added: Apr 18, 2024 Changed: Aug 23 Last Checked: Aug 24 at 7:16AM

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 East Side

Investment Insights

Based on property information with market context.

Constructed in 1882, this Gramercy Park structure features a Greek Revival style with red brick and penciled brownstone. The design is inspired by the contrast between old and new, and the layering of history. The first floor offers an all-inclusive 2600 square feet of space, providing multiple possibilities for functionality and use. An additional 1000 square feet of basement space is a viable option. Industrial steel stairs lead to the mezzanine landing. The second floor is a loft filled with surprises and matchless elements, featuring special apertures throughout. This loft is an adaptable space. Flexible use of space and terms are considered. The property has a frontage of 22 square feet on 21st Street. It can be used as retail or creative space.

Key Highlights

  • 2600 sq ft first floor offers flexible use possibilities.
  • Unique loft space featuring matchless design elements.
  • Located in the desirable Gramercy Park neighborhood.

Property Analytics

Current Use

David Ling Architect: ... Architect David Ling, Architect Architect

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$9.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

39,471
Businesses Nearby

Demographics for 10010, NY

33,991
Population
19,014
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
84,978
Density / Sq Mi
$156,127
Median Household Income
$109,691
Median Earnings
$3,113
Median Rent
$1,037,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Creative space - Unique Gramercy Park loft with flexible space and permissible use.
Where is this creative space located?
The property is located at 225 East 21st Street New York, NY.
What is the lease rate?
The lease rate is $14,000/Mo.
What are key features of this property?
This property features: 2600 sq ft first floor offers flexible use possibilities.; Unique loft space featuring matchless design elements.; Located in the desirable Gramercy Park neighborhood.
More about this property
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