by RH Advisors

Check Availability
$4,995,000
↓ $205K (3.9%)
Property - For Sale

329 GRAND Street

Manhattan, NY 11211
bedrooms
Studio
bathrooms
3 Baths, 1 Half Bath
square feet
3493 Sqft
$26,849
Estimated Monthly
$0
HOA / Fees
-0.11%
Cap Rate

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!

Unit Size
3,493Ft²
Days on Market
72 days
Land Size
0.03 acres
Price per sqft
$1,430
Property Type
Property
Property Taxes
$2,322
HOA Dues
-
Year Built
1899
Listed By
George Arana
Halstead Property, LLC
Last updated: 4 days ago (RLS #RPLU-63222882290)

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
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Property Highlights

Garage
Interior Details

Bedroom Information

Bedrooms: 6

Bathroom Information

Full Bathrooms: 2
Half Bathrooms: 1

Interior Information

Living Area: 3493

Room Information

Laundry Features: In Unit
Rooms: 12

Basement Information

Exterior Details

Building Information

Outdoor Living Structures: None
Pets Allowed: Building Yes, No

Lot Information

Lot Size Dimensions: 65.00x21.00

Land Information

Tax Lot: 0014
Tax Block: 00309

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
Stu
2 Baths
3,275 ft²
$1,344/ft²
$4,400,000 Feb 18, 2021
$4,400,000 Dec 9, 2021
-
Condo
4 Beds
4 Baths
3,126 ft²
$1,344/ft²
$4,200,000 Jun 17, 2021
$4,200,000 Sep 21, 2021
$1,947/mo
Condo
3 Beds
3 Baths
4,043 ft²
$1,138/ft²
$4,600,000 Feb 15, 2023
$4,600,000 Apr 27, 2023
$1,310/mo
House
4 Beds
6 Baths
4,700 ft²
$1,117/ft²
$5,250,000 Jul 26, 2016
$5,250,000 Mar 19, 2019
-
Townhouse
9 Beds
5 Baths
4,500 ft²
$933/ft²
$4,200,000 Apr 21, 2022
$4,200,000 Sep 2, 2022
-
Condo
4 Beds
3 Baths
2,461 ft²
$1,707/ft²
$4,200,000 Mar 31, 2022
$4,200,000 Mar 20, 2023
$2,505/mo
Townhouse
5 Beds
6 Baths
3,341 ft²
$1,601/ft²
$5,349,000 Apr 10, 2024
-
$414/mo
Commercial
Loft
-
-
$5,000,000 Feb 12, 2024
-
$10,069/mo
Townhouse
4 Beds
4 Baths
3,600 ft²
$1,389/ft²
$5,000,000 Nov 21, 2023
-
$377/mo
Commercial
Loft
-
-
$5,600,000 Apr 1, 2024
-
$1,090/mo
House
4 Beds
4 Baths
3,740 ft²
$1,324/ft²
$4,950,000 Nov 30, 2023
-
$833/mo
Townhouse
3 Beds
2 Baths
3,979 ft²
$1,106/ft²
$4,400,000 Feb 29, 2024
-
$805/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230308
03/08/2023
Loft
2 Bath
-
$2,975,000
bedrooms
Loft
bathrooms
2 Bath
$1,950,000 -34.45%
10/23/2023
Elizabeth Piewiszko
NORTHSIDE PLAZA INC

Building Info

329 Grand Street 329 Grand Street, Brooklyn, NY 11211
  • 3 Units
  • 1 Unit for Sale
More about this Building
329 Grand Street
Want to find out who owns 329 Grand Street, Brooklyn, NY 11211? Get detailed property transactions here .

About Northern Brooklyn


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