Active
329 Grand Street
New York City NY, 11211
$4,400,000
$1,259.66 per sqft
Active
6 Beds
3 Baths
3,493 sqft
Other
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!
RPLU-63222882290
MLSⓇ ID
February 15, 2024
Listed
August 23, 2024
Updated
Map
329 Grand Street
New York City NY, 11211
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
3
Full Bathrooms
2
Half Bathrooms
1
Laundry Description
In Unit
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
No
Exterior/Building Features
Lot Size
0.03 Acres
Other Property Details
Taxes
$27,864
Tax Frequency
Annually
Garage
No
View
No
View Description
Other
County
NewYork
Pool
No
Zoning
C6-2
Listing History
Date | Event | Price |
---|---|---|
8/21/2024 | Price change | $4,400,000 -5% |
7/21/2024 | Price change | $4,600,000 -5% |
6/17/2024 | Price change | $4,795,000 -5% |
4/24/2024 | Price change | $4,995,000 -4% |
3/27/2024 | Price change | $5,200,000 -6% |
2/29/2024 | Price change | $5,495,000 -4% |
Listed by George Arana with Brown Harris Stevens Residential Sales LLC
Listing Contact: (212) 381-6568
The IDX display contains information sourced from the Real Estate Board of New York as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 8/23/2024 at 5:06 PM UTC