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157-161 East 22nd Street 157-161 E 22nd St

6,000 SF 100% Leased Retail Building New York, NY 10010 $12,635,097 CAD ($2,106 CAD/SF)

Investment Highlights

  • Prime Gramercy Park Location
  • Condo-Quality Finishes
  • Steps Away from Gramercy Park and Madison Square Park
  • 100% Free Market
  • Tax Class 2A
  • Proximity to Transportation: 4, 5, 6, L, N, Q, R, W

Executive Summary

Avison Young has been engaged by ownership as the exclusive agent to sell 157-161 East 22nd Street (the “Property”), a mixed-use walk-up building featuring 100 feet of wraparound frontage on the northwest corner of 3rd Avenue and East 22nd Street, in the heart of Manhattan’s Gramercy Park neighborhood. The four-story building comprises seven (7)free-market residential apartments and one (1) ground-floor retail space across approximately 6,000 square feet. 157-161 East 22nd Street represents a rare opportunity to acquire an entirely free-market, mixed-use luxury rental property with condo-level finishes in one of Manhattan’s most established residential neighborhoods.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,000 SF
Building Class
C
Year Built/Renovated
1910/2024
Price
$12,635,097 CAD
Price Per SF
$2,106 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.20
Land Acres
0.04 AC
Zoning
C2-8A - Commercial district predominantly residential in character
Frontage
23 ft on 3rd Avenue

Amenities

  • 24 Hour Access
  • Corner Lot
  • Restaurant
  • Air Conditioning
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
Starbucks
Blue Bottle Coffee
Life Time Fitness
Morton Williams Supermarkets
TD Bank
The Pho
SoulCycle
L & L Hawaiian Barbecue
HSBC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0878-0035
Land Assessment
$744,913 CAD
Improvements Assessment
$733,326 CAD
Total Assessment
$1,056,932 CAD
  • Listing ID: 33271489

  • Date on Market: 2024-09-23

  • Last Updated:

  • Address: 157-161 E 22nd St, New York, NY 10010

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