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340 E 23rd St
New York, NY 10010 Gramercy Park

Price Upon Request

Apartments For Sale  •  13,250 SF

Property Details

  • Property Type Apartments
  • Total Building Size 191,225 SF
  • Lot Size 0.39 AC
  • Building Class A
  • Year Built 2007
  • Zoning C1-9A R8B
100 Transit Score
100 Walk Score

Highlights

Unit 207 at Gramercy Park offers a NN retail condo investment that is fully occupied by CVS, an industry-leading pharmacy retailer.
Delivers stable rental income with minimal landlord responsibilities, ensuring a consistent and high-yield acquisition for investors.
Long-term lease agreement with CVS running through 2033, with four five-year extension options and 10% planned escalations every five years.
Situated on the ground floor of a 207-unit luxury condominium community, providing a dependable, built-in audience of affluent customers.
High-exposure location with prime visibility to over 16,000 daily vehicles and robust foot traffic on the 23rd Street commercial corridor.
Near major medical institutions such as NYC Langone Medical Center, Bellevue Hospital, and the VA Medical Center, driving consistent retail demand.

Amenities

  • 24 Hour Access
  • Fitness Center
  • Laundry Facilities
  • Property Manager on Site
  • Cabana
  • Doorman
  • Gameroom
  • Media Center/Movie Theatre
  • Elevator
  • Lounge
  • Sundeck

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 16 min 0.8 mi
14 St (PATH) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 4 min - 1.2 mi
Transit/SubwayDriveWalkDistance
23 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 1 min 9 min 0.4 mi
1 Avenue (L - New York MTA Subway (The Subway)) 3 min 9 min 0.5 mi
3 Avenue (L - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
28 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 3 min 13 min 0.7 mi
14 Street-Union Square (4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway), L - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 3 min 16 min 0.8 mi
AirportDriveWalkDistance
LaGuardia 18 min - 8.8 mi
Newark Liberty International 24 min - 15.8 mi
John F Kennedy International 27 min - 16.8 mi
Brent Glodowski 212-230-5996 Avison Young
Brent Glodowski 212-230-5996 Avison Young