340 East 23rd Street

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Address: 340 E 23rd St, New York, NY 10010, USA
New York & Tri-State + Apartment Buildings
Created date: October 7, 2025
Date last updated: April 8, 2026
Price: $24,000,000Investment Analyzer NEW!
  • 100% Lease to CVS Pharmacy
  • At the base of a luxury condominium
  • In the heart of Gramercy Park
  • Proximity to 6/L/N/Q/R/W

Property Description

Avison Young, as exclusive agent, is pleased to offer for sale a premier retail condominium located at 340 East 23rd Street on the south side of East 23rd Street between First and Second Avenues in the heart of Gramercy Park, one of Manhattan’s most historic and desirable neighborhoods.
Positioned at the base of a luxury residential condominium developed in 2007, the property benefits from strong visibility with consistent foot and automobile traffic along a key east-west thoroughfare. The retail condominium features 9,250 SF on the ground floor and 4,000 SF in the lower level, totaling 13,250 SF.
The condominium is 100% leased to CVS Pharmacy, a leading national drugstore chain, under a long-term NN lease structure. The tenant is responsible for all expenses except for the condominium common area maintenance (CAM) fees, ensuring minimal landlord obligations.
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Broker Details

James Nelson
James Nelson

Avison Young - US - NY - New York (212) 729-6585

Broker Details

Brent Glodowski
Brent Glodowski

Avison Young - US - NY - New York 202 246 4123

Broker Details

Eric Karmitz
Eric Karmitz

Avison Young - US - NY - New York (212) 729-6239

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Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $24,000,000
Lot Size: 13,250.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 340 East 23rd Street, New York, NY , USA
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Step 4Final Deal Analysis

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