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301 3rd Ave
New York, NY 10010 Gramercy Park

Price Upon Request

Apartments Condo For Sale  •  3,096 SF

Property Details

  • Property Type Apartments
  • Total Building Size 111,000 SF
  • Lot Size 0.18 AC
  • Building Class A
  • Year Built 2026
  • Zoning C2-8A
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Corner, A, and B Retail 3,096 SF Price Upon Request
  • Unit Size: 3,096 SF
  • Condo Use: Retail
  • Price: Price Upon Request
  • Sale Type: Investment
Description
Fully leased retail condominium totaling approximately 3,096 SF with approximately 135 feet of wraparound frontage. New 10-year lease in place with CorePower Yoga.

Sale Notes
Retail condominium investment opportunity totaling approximately 3,096 rentable square feet and fully leased to CorePower Yoga under a newly executed 10-year lease. The unit features approximately 135 feet of wraparound frontage and benefits from highly visible positioning within a prominent Manhattan corridor. With long-term tenancy already in place, investors receive immediate income while minimizing near-term rollover and leasing risk. The property's visibility, expansive frontage, and established tenant occupancy create a compelling combination of stability and market presence. The surrounding neighborhood supports a diverse customer base driven by residential density, employment centers, and daily pedestrian traffic. The long lease term provides predictable cash flow and enhances the asset's long-term investment profile. This offering presents an opportunity to acquire a leased Manhattan retail condominium with durable income characteristics and strong underlying real estate fundamentals.

Description 

301 Third Avenue is a mixed-use property positioned within a highly active Manhattan commercial corridor. The building benefits from excellent visibility, substantial street exposure, and convenient access to surrounding residential and employment centers. Located within a neighborhood known for its blend of residential, retail, and service-oriented uses, the property enjoys consistent pedestrian traffic and strong consumer activity. The building's corner presence enhances visibility and contributes to its prominence within the streetscape. Nearby transit options, neighborhood amenities, and a diverse demographic base support continued commercial demand. The surrounding area remains attractive to retailers, restaurants, and service providers seeking access to a dense Manhattan customer base. Strong market fundamentals, limited supply opportunities, and the property's strategic urban location contribute to its enduring appeal as a retail investment property.

Highlights

The condominium is fully leased under a new 10-year lease.
Approximately 135 feet of wraparound frontage enhances visibility.
Immediate income is generated through long-term tenant occupancy.
Corner positioning provides exceptional street exposure.
The property benefits from strong Manhattan market fundamentals.
Dense surrounding demographics support long-term retail demand.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Courtyard
  • Dishwasher
  • Fitness Center
  • Microwave
  • Tenant Controlled HVAC
  • Heating
  • Grill
  • Media Center/Movie Theatre
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Roof Terrace
  • Lounge
  • Freezer
  • Public Transportation
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
23 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 3 min 12 min 0.6 mi
33 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 4 min 18 min 0.9 mi
Transit/SubwayDriveWalkDistance
23 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
23 Street (N,R Line) (N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 1 min 8 min 0.4 mi
28 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 8 min 0.4 mi
33 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
1 Avenue (L - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
AirportDriveWalkDistance
LaGuardia 19 min - 9.0 mi
Newark Liberty International 24 min - 13.7 mi
John F Kennedy International 28 min - 16.8 mi
Brandon Polakoff 212-230-5998 Avison Young
Brandon Polakoff 212-230-5998 Avison Young