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.
Active
$5,250,000
216 3rd Ave, New York, NY 10003
12beds
4,320sqft
Mixed Use
Built in 1900
-- sqft lot
$5,075,200 Zestimate®
$1,215/sqft
$-- HOA
What's special
- 85 days
- 422
- 12
Zillow last checked:
Listing updated:
Listed by:
AA Management 305-733-7220,
Arie Abadi
Source: StreetEasy,MLS#: S1832991
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 5
- Full bathrooms: 5
Appliances
- Included: Dishwasher, Washer/Dryer
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 4,320
- Total interior livable area: 4,320 sqft
Property
Features
- Has view: Yes
- View description: City
Details
- Parcel number: 008740042
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1900
Community & HOA
Community
- Subdivision: Gramercy Park
Location
- Region: New York
Financial & listing details
- Price per square foot: $1,215/sqft
- Tax assessed value: $4,037,000
- Annual tax amount: $88,979
- Date on market: 6/10/2026
Estimated market value
$5,075,200
$4.82M - $5.33M
$5,814/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $5,250,000+45.2%$1,215/sqft |
Source: StreetEasy #S1832991 Report a problem | ||
| 1/28/2013 | Sold | $3,615,000$837/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $88,979 +1.2% | $1,816,650 +11.7% |
| 2024 | $87,941 +3.9% | $1,625,850 +7.7% |
| 2023 | $84,613 | $1,510,200 -20% |
| 2022 | -- | $1,887,750 -15% |
| 2021 | -- | $2,220,750 -4.9% |
| 2020 | -- | $2,335,500 +19.1% |
| 2019 | $67,490 +0.9% | $1,960,650 +269.5% |
| 2018 | $66,918 +7.1% | $530,588 +8% |
| 2017 | $62,487 +6.6% | $491,286 +8% |
| 2016 | $58,645 | $454,896 +8% |
| 2015 | $58,645 +131% | $421,200 +1.2% |
| 2014 | $25,383 | $416,221 |
Find assessor info on the county website








