Multi-family

Prime Lower East Side Location:
Situated in a bustling neighborhood, this property enjoys excellent visibility and foot traffic. The Lower East Side is known for its diverse community, trendy restaurants, boutique shops, and cultural attractions, making it a sought-after destination for both residents and businesses.

Flexible Mixed-Use Configuration:
The combination of retail storefronts and residential space offers multiple revenue streams and adaptability for various uses. Retail tenants benefit from a prominent street-facing position, while residential units cater to the area’s high rental demand.

Solid Construction and Design:
Built with durable masonry, this property is a reliable and low-maintenance investment. Its manageable size and layout provide opportunities for customization or enhancement to maximize income potential.

Investment Potential:
At $1,141.63 per square foot, this property represents a competitive value in Manhattan’s real estate market. Its central location and mixed-use nature make it an ideal choice for investors looking to secure a long-term, appreciating asset.

Conclusion:
329 Grand Street is a rare offering in the Lower East Side, combining retail and residential spaces in one of Manhattan’s most dynamic neighborhoods. Whether you’re looking to expand your investment portfolio or establish a business in a thriving area, this property delivers exceptional potential. Don’t miss this chance to acquire a versatile and well-located asset in New York City!