New York Retail for Lease - Gramercy Park
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.