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    FOR SALE
    Office Units

    316 East 22Nd St, New York, NY 10010

    3,102 SF Built 2000
    Property ID
    US63-0138393
    Property summary
    AI-generated overview

    Professional Office Condominium in Gramercy Park<br>316 East 22nd Street - Unit COMM1 presents a rare opportunity to own a full-floor commercial condominium in the heart of Gramercy Park, one of Manhattan's most prestigious and charming neighborhoods. This 3,102 square foot office unit spans the first floor and cellar of a beautifully restored pre-war elevator building, originally built in 1910 and converted to condominium in 2009.<br><br>Interior Layout:<br><ul> <li>Multiple private offices and consultation rooms</li> <li>Open workspaces and reception area</li> <li>Half bathroom</li> <li>Private interior stairwell connecting both levels</li> <li>Mechanical and meter rooms</li> <li>Accessory storage areas</li> <li>Rear-facing windows providing natural light and ventilation</li> </ul> Features:<br><ul> <li>Hardwood floors, exposed brick, and 9' ceilings</li> <li>Sheetrock ceilings with mounted lighting</li> <li>Dedicated HVAC system</li> <li>110/220V electrical service, individually metered</li> <li>Sprinkler system in cellar</li> </ul> Building & Location:<br><ul> <li>7-story mixed-use elevator building</li> <li>Located on a quiet, tree-lined block between First and Second Avenues</li> <li>Transportation includes: 6 train, M23/M15/M101 buses, and FDR Drive</li> <li>Surrounded by parks, restaurants, cafes, and retail</li> <li>Close to major medical centers and Midtown business district</li> </ul> Financials:<br><ul> <li>Real Estate Taxes: $36,497 per year</li> <li>Common Charges: $1,528 per month</li> </ul> Perfect for medical, professional, or creative office use, this unit offers long-term value in a prime Manhattan location.

    Property profile
    Verified
    Property type Office Units
    Year built 2000
    Total area 3,102 SF
    UPID US63-0138393
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Gramercy Information Technology Tech Support Center (Bike/Boat/Book/etc) Store
    • Gramercy Healthcare Management Business Management Consultant
    • Grand Army Medical Medical Clinic
    • 307 7th St Condominium Condominium Complex
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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