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216 3rd Avenue, 
Manhattan, NY 10003

$5,250,000

—

Bed

5

Baths

4,320

Sq Ft

Multi-Family

Active

Listed by

Arie Abadi

Aa Management Nyc LLC.

Last updated:

September 18, 2026, 01:21 AM

MLS#

RLS20096423

Source:

NY REBNY

About This Home

216 3rd Avenue

Rare opportunity to acquire a fully leased mixed-use investment property in the heart of Manhattan's highly desirable Gramercy neighborhood. Located on Third Avenue between East 17th and East 18th Streets, the property consists of approximately 4,320 square feet across three stories and is 100% occupied with established tenants. The building also benefits from valuable development potential through unused air rights, offering investors both stable in-place income and long-term upside. Surrounded by national retailers, restaurants, residential developments, and major transportation hubs, this asset presents a unique opportunity in one of New York City's most sought-after submarkets.

Home Facts

Multi-Family

5 Baths

Built in 1900

Subdivision & Development:

Gramercy Park

Price Summary

5,250,000

$1,215 per Sq. Ft.

MLS #:

RLS20096423

Last Updated:

September 18, 2026, 01:21 AM

Added:

3 month(s) ago

Rooms & Interior

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Interior

Living Area:

4,320 Sq. Ft.

Structure

Structure

Architectural Style:

Prewar

Building Area:

4,320 Sq. Ft.

Year Built:

1900

Finances & Disclosures

Finances

Price:

$5,250,000

Price per Sq. Ft:

$1,215 per Sq. Ft.

MLS Logo
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.