329 Grand Street New York City, NY 11211
Listing Courtesy of: REBNY / Brown Harris Stevens Residential Sales LLC

  329 Grand Street New York City, NY 11211

Active (259 Days)
$3,995,000
6
BED
3
BATH
3,493
SQFT

Description

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!


MLS #:
RPLU-63222882290
Taxes
$27,864
Lot Size
1365 acres
Type
Single-Family Home
County
Kings County
Community
Lower East Side

Listed By

George Arana, Village
Source
REBNY
Last checked Oct 31 2024 at 6:00 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
  • Half Bathroom: 1
Interior Features
  • Laundry: In Unit
Subdivision
  • Lower East Side
Heating and Cooling
  • Other
Basement Information
  • Other
Stories
  • 2
Living Area
  • 3,493 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 28, 2024
Price Changed
$3,995,000
-5%
-200,000
Oct 03, 2024
Price Changed
$4,195,000
-5%
-205,000
Aug 21, 2024
Price Changed
$4,400,000
-4%
-200,000
Jul 21, 2024
Price Changed
$4,600,000
-4%
-195,000
Jun 17, 2024
Price Changed
$4,795,000
-4%
-200,000
Apr 24, 2024
Price Changed
$4,995,000
-4%
-205,000
Mar 27, 2024
Price Changed
$5,200,000
-5%
-295,000
Feb 29, 2024
Price Changed
$5,495,000
-4%
-200,000
Feb 15, 2024
Original Price
$5,695,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Awaye Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Real Estate Board of New York (REBNY). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/30/24 23:00