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Apartments For Sale • 2,628 SF
A 26.5’ wide, 4-story plus basement, approximately 2,628 SF mixed use building. Meticulously maintained and operated the property is located near Gramercy Park on a beautiful tree-lined street. The building consists of 3 free market floor-through 3-bedroom apartments and two stores. All 3 apartments are on yearly leases while the uBreakiFix electronics repair store has a 7-year lease and the barbershop is month-to-month. Located just 50’ off the corner from First Avenue the property provides visibility for neighborhood retailers while maintaining a highly desirable quietness the residents enjoy. 343 East 21st Street offers investors a low maintenance investment and utilities paid for by the tenants plus all the operating expenses including taxes are only about $4,000 per month. This building is the perfect cash flowing investment that also caters to an end-user, use as a pied-à-terre or as a live/invest.
| Prime Gramercy Location |
| Excellent Condition |
| Low maintenance, minimal expenses |
| Cap Rate: | 4.33 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 23 St (Path) (F - New York MTA Subway (The Subway), Hoboken-33rd Street - New York MTA Subway (The Subway), Journal Square-33rd Street - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) | 3 min | 17 min | 0.9 mi |
| 14 St (Path) (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) | 3 min | - | 1.2 mi |
| Transit/Subway | Drive | Walk | Distance |
| 1 Avenue (L - New York MTA Subway (The Subway)) | 2 min | 6 min | 0.4 mi |
| 23 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) | 1 min | 10 min | 0.5 mi |
| 3 Avenue (L - New York MTA Subway (The Subway)) | 2 min | 11 min | 0.6 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)) | 2 min | 14 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 | 15 min | 0.8 mi |
| Airport | Drive | Walk | Distance |
| Laguardia | 19 min | - | 9.2 mi |
| Newark Liberty International | 24 min | - | 13.8 mi |
| John F Kennedy International | 27 min | - | 17.2 mi |
Craig Waggner
Cushman & Wakefield
Craig Waggner
Cushman & Wakefield
