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329 Grand Street
Lower East Side, NYC
$3,995,000 Price
6 Bedrooms   2.5 Baths
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Photo 1 of 329 Grand Street, Lower East Side, NYC, $3,995,000, Web #: 22882290Previous PhotoNext Photo1 of 10

LES SOUND INVESTMENT

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....

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!


Floorplan for 329 Grand Street

Floorplan for 329 Grand Street

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Lower East Side, NYC
Type: Townhouse
Price: $3,995,000
Re Tax: $2,322
Web ID: 22882290

Info & Amenities

Type: Mixed Use
Rooms: 12.0
Bedrooms: 6
Full Bathrooms: 2
Half Bathrooms: 1.0
Air conditioning: Yes
Basement: Yes

Map of Area for 329 GRAND STREET

Listing Agent(s)

Brown Harris Stevens Real Estate Agent George Arana
George Arana
Email George
o: 212-381-6568
c: 917-385-7601

Get to Know Lower East Side

Manhattan's Lower East Side has long been known for its rich history, vibrant culture, and diverse community. It continues to attract people from all walks of life as it bustles with activity and development.

More About Lower East Side

Neighborhood Guide to Lower East Side

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