352 E 19th St, New York, NY 10003

For Sale: Gramercy Multi-Family, 8 Units (3 Free Market, 5 Rent-Stabilized) | $2,999,000 Rare Investment opportunity! Nestled on a quiet, tree-lines block in Gramercy Park, this boutique pre-war multi-family building offers an exceptional opportunity on Manhattan's coveted east side. Built in 1910 and meticulously maintained, the four-story walk-up comprises 8 residential units across approximately 4,196 square feet, blending timeless character with reliable income. The property features six spacious studios and two duplex two-bedroom residences, one of which includes a private balcony. A shared rooftop terrace and basement add to the building's functionality and desirability. Set on a 20" x 92" lot within an R7B/C1-6A zoning district, the building provides zoning flexibility with strong income performance and favorable valuations, the property offers both stable returns and meaningful upside. Ideally located just under half a mile from Union Square and major subway lines-including the L, N, Q, R, 4, 5, 6, and W-352 E 19th Street combines the best of Manhattan convenience with Gramercy's signature neighborhood charm. A rare chance to acquire a boutique multi-family asset in one of Manhattan's most enduringly desirable residential enclaves. The property also carries 1,207 sq. ft. of unused air rights.