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Listing Courtesy of Brown Harris Stevens Residential Sales LLC
$3,995,000
Est. payment /mo
6 BD
3 BA
3,493 SqFt
Active
329 GRAND Street Manhattan, NY 11211
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UPDATED:
11/01/2024 12:06 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,493 sqft
Price per Sqft $1,143
Subdivision Lower East Side
MLS Listing ID RPLU-63222882290
Bedrooms 6
Full Baths 2
Half Baths 1
HOA Y/N No
Annual Tax Amount $27,864
Property Description
OWNER MOTIVATED-PRICE IMPROVEMENT. Step into a blend of historic charm and modern comfort at this remarkable 3,493 SF three-story, mixed-use, property on 329 Grand Street in the vibrant Lower East Side neighborhood. Built originally in 1910, this well maintained walk-up spotlights two renovated residential units and one commercial space. An incredible chance for savvy investors or developers, this gem of a property offers an additional FAR of unused 4,953 SF. Equally remarkable is the commercial space that nearly comprises the lot's entirety, occupying a substantial 1,365 SF footprint, with an extra storage basement spanning 450 SF. This well-maintained ground floor grocery store currently has four years left on its lease, attesting to stability and assured returns. The second floor leads into a newly renovated dwelling showcasing three spacious bedrooms, one stylishly finished bathroom and a sleek, modern kitchen. Bathed in light through double-pane windows with dual exposures, this space is a homage to industry and convenience. High ceilings paired with durable Pewter Oak laminate floorings, a Sparkle Quartz countertop island, with new appliances create a welcoming and warm ambiance. Units are currently occupied, adding to this property's appeal as a ready-made investment. Progress to the third floor and discover a renovated oasis featuring Bamboo wood floors, three ample-sized bedrooms, a fully-equipped kitchen, and a beautifully finished bathroom with custom tiles. This floor-through space was remodeled in 2019, flaunting a modern aesthetic that cleverly echoes its historic roots while offering the comforts of modern living. Located in a dynamic and thriving neighborhood, 329 Grand Street is optimally positioned within a handful of minutes from East Broadway, Grand Street, and Delancey Street B, D, F and M Train Stations. You'll be right in the heart of the city's most intriguing districts, the Lower East Side, and Chinatown, surrounded by an eclectic mix of eateries, shops, and cultural hubs. Don't let this uncommon opportunity pass you by. Enrich your portfolio with this superb investment and potentially convert to the residence of your dreams. Reach out today to schedule your tasting of the Big Apple!
Location
State NY
County Newyork
Zoning C6-2
Rooms
Basement Other
Interior
Cooling Other
Fireplace No
Laundry In Unit
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Mixed Use
Story 2
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $2, 322
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by Kelvin F Joyner
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