Property summary
This exceptional 5,945 square foot retail space is ideally situated at 150 East 23rd Street in the vibrant Gramercy neighborhood of Manhattan, New York, NY 10010. Located at the base of a new luxury condominium building, this single-tenant property offers unparalleled visibility and accessibility. Boasting over 50 feet of frontage, the space commands significant attention from pedestrians and vehicular traffic alike. The interior features impressive 15+ foot ceilings throughout, providing a sense of grandeur and flexibility for a variety of retail uses. The property's strategic location places it in close proximity to Baruch College and directly across the street from a post office, ensuring high foot traffic and convenient access for customers and employees. Divisions of the space are accepted, offering potential for multiple tenants or customized layouts to suit specific business needs. This is a rare opportunity to secure a prominent retail presence in one of Manhattan's most desirable and dynamic neighborhoods. The property is easily accessible via various public transportation options, further enhancing its appeal and convenience. This location offers a unique blend of residential and commercial activity, creating a thriving environment for businesses.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Rental Equipment Company
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(Bike/Boat/Book/etc) Store Florist
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Condominium Complex
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C28A · New York, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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