329 GRAND Street
About This Property
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!
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 24, 2024 | Price Decreased |
$4,995,000
↓ $205K
(3.9%)
|
|
Price Decreased | |||
Mar 27, 2024 | Price Decreased |
$5,200,000
↓ $295K
(5.4%)
|
|
Price Decreased | |||
Feb 29, 2024 | Price Decreased |
$5,495,000
↓ $200K
(3.5%)
|
|
Price Decreased | |||
Feb 15, 2024 | Listed by Brown Harris Stevens Residential Sales LLC | $5,695,000 | |
Listed by Brown Harris Stevens Residential Sales LLC | |||
Oct 23, 2023 | Sold to Cheaklett Holdings Llc | $1,950,000 | |
Sold to Cheaklett Holdings Llc |
Property Highlights
Bedroom Information
Bathroom Information
Interior Information
Room Information
Basement Information
Building Information
Lot Information
Land Information
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/08/2023
|
|
Loft
|
2 Bath
|
-
|
$2,975,000
Loft
2 Bath
|
$1,950,000
-34.45%
10/23/2023
|
Elizabeth Piewiszko
NORTHSIDE PLAZA INC
|
Building Info
- 3 Units
- 1 Unit for Sale