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Highlights
- Features 36 residential units and 4 commercial spaces suitable for medical, retail, or office uses.
- Excellent public transit access: 6 train at 23rd Street and multiple nearby bus routes.
- Solid management framework with a cooperative structure offering stability and potential upside.
- Located on East 24th Street between 2nd and 3rd Avenue in the highly desirable Kips Bay/Gramercy area.
- Strong neighborhood fundamentals supported by a high-density residential community and proximity to major healthcare and educational institutions.
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
• All uses considered - no basement • +/- 24 ft. frontage along 2nd Avenue • Join co-tenants Roma Pizza and Green Castle Deli & Juice Bar • Close to Stuyvesant Town | Peter Cooper Village, Madison Square Park and Union Square • Area schools include School of Visual Arts, M347 American Sign Language & English Lower School, J.H.S Simon Baruch Middle School, NYU College of Dentistry, Baruch College Learning Center • Area tenants Morton Williams, Orion Diner & Grill, Aptheco Pharmacy, New York Comedy Club, Dunkin', Fly wing Bike, Greenhill Café, Taco Bell, Petstar, Malii Gramercy, Kumon Learning, Club Pilates, Small Door Veterinary, UPS Store, Prohealth Pharmacy, Nirvana Wellness, Malt & Mold, Ralph's Italian Ices, Hollywood Salon; and close to Fairway Market Kips Bay, AMC Kips Bay 15 theater, and Trader Joe's • Dense residential neighborhood — one block from the newly constructed Hendrix House, a 60-unit luxury residential condominium • Centrally located between 6-train stations along Park Avenue South at 23rd and 28th Streets; and close to M23-SBS and M15 bus stops
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Close to Union Square and Madison Square Park
- Accessible via 6-train, M23-SBS and M15 bus lines
- Located in-line with other retail
- Close to Stuyvesant Town | Peter Cooper Village
- Dense residential neighborhood
- Surrounded by multiple schools
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| Ground, Ste Store 413 | 700 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Retail | Full Build-Out | Now |
Ground, Ste Store 413
| Size |
| 700 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Retail |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
Ground, Ste Store 413
| Size | 700 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Retail |
| Build-Out | Full Build-Out |
| Available | Now |
• All uses considered - no basement • +/- 24 ft. frontage along 2nd Avenue • Join co-tenants Roma Pizza and Green Castle Deli & Juice Bar • Close to Stuyvesant Town | Peter Cooper Village, Madison Square Park and Union Square • Area schools include School of Visual Arts, M347 American Sign Language & English Lower School, J.H.S Simon Baruch Middle School, NYU College of Dentistry, Baruch College Learning Center • Area tenants Morton Williams, Orion Diner & Grill, Aptheco Pharmacy, New York Comedy Club, Dunkin', Fly wing Bike, Greenhill Café, Taco Bell, Petstar, Malii Gramercy, Kumon Learning, Club Pilates, Small Door Veterinary, UPS Store, Prohealth Pharmacy, Nirvana Wellness, Malt & Mold, Ralph's Italian Ices, Hollywood Salon; and close to Fairway Market Kips Bay, AMC Kips Bay 15 theater, and Trader Joe's • Dense residential neighborhood — one block from the newly constructed Hendrix House, a 60-unit luxury residential condominium • Centrally located between 6-train stations along Park Avenue South at 23rd and 28th Streets; and close to M23-SBS and M15 bus stops
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Close to Stuyvesant Town | Peter Cooper Village
- Close to Union Square and Madison Square Park
- Dense residential neighborhood
- Accessible via 6-train, M23-SBS and M15 bus lines
- Surrounded by multiple schools
Property Facts
| Total Space Available | 700 SF | Apartment Style | Mid-Rise |
| No. Units | 36 | Building Size | 25,259 SF |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment |
| Total Space Available | 700 SF |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 25,259 SF |
| Year Built | 1950 |
About the Property
240 East 24th Street, known as Gotham, offers a unique ownership or leasing opportunity within a well-maintained residential cooperative that includes a commercial component. Constructed in 1950, this 25,259-square-foot property features a desirable footprint just off Second Avenue in Manhattan’s Kips Bay neighborhood, adjacent to Gramercy and convenient to Midtown South. The building encompasses 36 residential units and four commercial spaces, creating a mixed-use environment that suits professional office, medical, and boutique retail users. Situated on East 24th Street, the property benefits from excellent visibility and accessibility, with nearby transit options including the 6 subway line at 23rd Street and the express M15 bus route only steps away. The surrounding area features a dense residential population and numerous complementary businesses such as healthcare centers, fitness studios, upscale dining, and service-driven retail. Proximity to major commercial destinations, NYU Langone Medical Center, and Union Square further underpins the location’s long-term viability. Zoned for flexibility, the building offers secure positioning in one of Manhattan’s most stable mixed-use corridors.
Nearby Major Retailers
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413 Second Avenue | 240 E 24th St
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