Mixed-Use Retail/Office Building in the Lower East Side – 339 Grand Street
Address: 339 Grand Street, New York, NY, 10002
Asking Price: $4,888,000 ($1,163.81/SF)
Sale Type: Investment
Type: 2-Star Retail Storefront / Office Mixed-Use
Location: CBD – Lower East Side
Gross Leasable Area (GLA): 4,200 SF
Stories: 4
Typical Floor Plate: 1,050 SF
Building Class: C
Construction: Masonry
Docks: None
Market Segment: Owner-Users, Investors, Developers, Mixed-Use Operators
Property Overview:
339 Grand Street presents a rare opportunity to acquire a four-story mixed-use commercial building in the heart of Manhattan’s Lower East Side. Offering approximately 4,200 SF of usable space, the building features a prominent retail storefront with office or studio use above, making it well-suited for owner-users, investors, or boutique redevelopment.
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Investment Highlights:
✔ Asking Price: $4,888,000
✔ Total GLA: 4,200 SF across four levels
✔ Street-level retail presence with large display windows
✔ Ideal for retail + office, showroom, or creative studio use
✔ Potential to reposition or re-tenant for added value
Location Benefits:
✔ Prime frontage on Grand Street in a highly trafficked corridor
✔ Surrounded by restaurants, boutiques, art galleries, and cultural institutions
✔ Close proximity to Chinatown, SoHo, and the East River waterfront
✔ Accessible by B, D, F, J, M, and Z subway lines
Highlights:
✔ Delivered vacant or partially tenanted, subject to terms
✔ Strong opportunity for long-term hold, 1031 exchange, or repositioning
✔ Fully self-contained building with multiple configuration options
✔ Located in one of NYC’s fastest evolving retail corridors
Conclusion:
339 Grand Street offers flexible use potential and lasting value in a neighborhood undergoing continued transformation. Whether held for stable long-term income or repurposed as a flagship space, this property provides a rare chance to secure full-building ownership in a culturally rich and highly desirable downtown location.
Contact us today for full financials, floorplans, or to schedule a private tour.
