261 3rd Ave Ground Floor Medical,Office Space
- 6,950 SQFT
- $7,600,000
Ground-floor commercial condominium ownership opportunity offering exceptional flexibility for retail, medical, wellness, showroom, educational, or professional service use. The premises can be occupied as a single contiguous space or divided into two separate commercial units of approximately 1,876 square feet and 2,200 square feet, creating multiple operational or investment strategies. Located within a LEED Gold Certified building and enhanced by newly installed Daikin heat pump systems, the property combines modern infrastructure with long-term ownership value in one of Manhattan’s most active mixed-use neighborhoods.
Street frontage along both East 21st Street and Third Avenue creates strong visibility and multiple points of exposure for customers, clients, and visitors. The current configuration is primarily open and highly adaptable, allowing future ownership to tailor the space for retail sales, medical operations, educational facilities, fitness concepts, creative studios, showroom installations, or office occupancy. Large open floorplates dominate the premises and provide outstanding flexibility for workstation layouts, merchandise displays, treatment areas, collaborative environments, or customer-facing operations.
The larger section of the property offers broad uninterrupted floor area with substantial ceiling height and multiple perimeter exposures. Structural columns are positioned efficiently throughout the space, allowing furniture, fixtures, and operational infrastructure to be installed without compromising circulation. The secondary section functions equally well as a separate commercial suite, expansion area, showroom extension, specialty retail concept, or independent income-producing space.
Modern finishes throughout the premises create a clean and professional environment suitable for immediate occupancy. Open layouts are complemented by support areas, utility infrastructure, storage opportunities, and building systems that can accommodate a wide range of commercial uses. The floorplan also allows future ownership to create private offices, consultation rooms, treatment suites, conference areas, classrooms, or specialized operational spaces depending upon business requirements.
Extensive storefront exposure and corner visibility enhance branding opportunities while creating a strong street presence. Large display windows introduce daylight into the interior and support retail merchandising, showroom presentation, or client-facing business operations. The ability to occupy the entire premises or divide the property into multiple units further increases flexibility and long-term value.
Combined with LEED Gold certification, newly upgraded mechanical systems, ownership potential, multiple configuration options, and prominent visibility along a major Manhattan corridor, the property presents a compelling opportunity for owner-users, investors, retailers, medical operators, and businesses seeking a highly adaptable commercial asset.
Notes: LEED GOLD Certified 5 Star Building, Newly installed Daikin Heat Pumps; Prime opportunity for user or investor. 7.8% cap rate on trailing 12-month.
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