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505 Grand Street

505 Grand Street, New York, NY 10002
Property in Lower East Side
6 Units
The building on the property was first built in 1910 and is 114 years old. The building has a total of 3 stories. The linear feet between the front and back of the lot is 74 ft and across the front of the lot is 34 ft.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. During this assessment, the property's total value was estimated to be about $823,050. If we break it down further, the land itself was valued at $304,650. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1910
  • Building Count: 2
  • Floor Count: 3
  • Total Unit Count: 6
  • Residential Unit Count: 4
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 2,046
  • Lot Size Depth Feet: 74
  • Lot Size Frontage Feet: 34
  • Building Depth: 49
  • Building Frontage: 18
  • Gross Building Area: 4,163

    Building Floor Area

  • Residential Building Floor Area: 2,523
  • Commercial Building Floor Area: 1,640
  • Retail Building Floor Area: 1,640

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: S9
  • Lot Type: 5
  • Land Use: 04
  • Irregular Lot Code: Y
  • Proximity Code: 3
  • Extension Code: N

Neighborhood

  • Community District: 103
  • City Council District: 1
  • Police Precinct: 7
  • Fire Company: E015
  • Health Area: 8000
  • Sanitation District Borough: 1
  • Sanitation Subsection: 2B
  • School District: 01

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7-2

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 288
  • Lot: 45
  • Borough Block Lot: 1002880045

    Address

  • Full Address: 505 Grand Street
  • Zip Code: 10002

Valuation

    Assessments Valuation

  • Assessed Total Value: $823,050
  • Assessed Land Value: $304,650

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About Downtown Manhattan



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Frequently Asked Questions

What neighborhood is 505 Grand Street located in?
The 505 Grand Street is a located in the neighborhood of Lower East Side in Downtown Manhattan, New York.
What is the average sales price for listings in 505 Grand Street?
The average sales price for units in 505 Grand Street is $0 currently.

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