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Gregory A Baldwin
Agent Photo
Gregory A Baldwin
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    ManhattanLower East Side329 GRAND STREET

    329 grand street
    329 GRAND STREET Lower East Side, Manhattan, NY 10002

    $4,600,000
    For Sale Price Reduced
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    Tools
    Open House
    Size
    6
    Bedrooms
    2
    Full Baths
    1
    Partial Bath
    12
    Rooms
    3,493 Sq Ft.
    Interior
    65 X 21
    Exterior
    Financial
    $4,600,000
    Change Currency
    $2,322
    Monthly taxes
    $27,866
    Annual taxes
    Details
    Townhouse
    Property Type
    10524019
    Web Id
    665
    Days Posted

    Description

    329 GRAND STREET, Lower East Side, Manhattan, NY 10002

    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!

    Amenities

    • Dishwasher
    • Air Conditioning
    Price History View all +
    Date PriceVarianceType
    7/27/2024$4,600,000-4.07%decreased
    2/14/2024$4,795,000-Listed
    Listing By: Brown Harris Stevens via Data Source: RealPlus MLS


    Located at 329 GRAND STREET, Manhattan, New York 10002, Lower East Side neighborhood, this Townhouse is for Sale with a price of $4,600,000 USD. The property includes 6 bedrooms, has 2 full baths and 1 partial baths. This listing has 3,493 Sq.Ft. of interior space on a lot of 65 X 21. See all Homes for Sale in Lower East Side.
    Advertiser Logo

    Brown Harris Stevens

    Gregory A Baldwin
    • Salesperson
    349 Commercial Street
    Contact Agent
    Staging Information:
    a781ce441-e709-4b57-befe-df2fbb4e1fae