Ground Floor Retail Condo | Gramercy Park 300 E 23rd St 11,145 SF Retail Condo Unit Online Auction Sale New York, NY 10010

RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 5300 East 23rd Street #1C, New York, NY 10010 — retail condominium featuring an investment-grade Bank of America branch at grade and a vacant lower level providing future income upside. The ground floor is occupied by Bank of America, operating under a long-term lease and serving as a full-service retail banking branch. The lower level is currently vacant, presenting investors with the opportunity to generate supplemental income through future lease-up. Located in the heart of Gramercy Park, one of Manhattan’s most historic and affluent neighborhoods, the property is positioned along East 23rd Street — a major crosstown retail corridor benefiting from strong pedestrian and vehicular traffic. The surrounding area features a dense mix of residential, office, and institutional demand drivers. The property offers excellent access to public transportation, including the New York City Subway 6 train at 23rd Street, the N and R trains at 23rd Street (Broadway Line), and the L train at 3rd Avenue, along with multiple bus lines including the M23 SBS crosstown route, M9, and M34, providing seamless connectivity throughout Manhattan. Nearby national retailers and neighborhood anchors include Target, Trader Joe's, CVS Pharmacy, Starbucks, and Chase Bank, complemented by a strong mix of restaurants, fitness operators, and service retail. The Property also benefits from proximity to notable landmarks including Gramercy Park, Madison Square Park, and the Flatiron Building, driving consistent foot traffic and neighborhood activity. For more information, please contact the exclusive brokers directly.