334 Grand St - Apartments FOR SALE


New York, NY 10002- Lower East Side
$11,500,000 USD
212-776-4367
334 Grand St, New York, NY for Sale
$11,500,000 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

334 Grand St
New York, NY 10002
Lower East Side


OVERVIEW

Douglas Elliman Commercial is pleased to offer for sale 334 Grand Street, a newly constructed 7-story (8,395 SF) steel, concrete and brick, corner mixed-use building located in the vibrant epicenter of the Dimes Square/Orchard Street neighborhood. The multi-use elevator property consists of 3 full floor loft-style units (as-of right residential and commercial), a trophy triplex residence with exterior terraces on 3 levels, and a corner retail space, including accessory cellar space. There are no rent regulations associated with this property. Developed in 2008 featuring condo finishes and appliances, gourmet kitchens, spa-like bathrooms with radiant floor heating, central HVAC, and wall to wall windows that offer consistent an abundance of natural light from southeast exposure. This elevator building is currently 100% tenant occupied until June, 2026 but can be delivered vacant to provide flexible opportunities: - Single family residential - Multi-use (residential & commercial) corporate headquarters - Owner user live/work income - Reposition as condo offering 334 Grand Street is situated on the corner of Ludlow Street in the Lower East Side neighborhood, where art, fashion, dining, and nightlife scenes all converge.

FOR SALE DETAILS

PRICE

$11,500,000 USD

PRICE/SF

$1,370 USD /SF

# OF UNITS

5

PRICE/UNIT

$2,300,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

7

YEAR BUILT

2008

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

C4-4A

APN/PARCEL ID

0408-0022

ASK ABOUT THIS PROPERTY

Louis PuopoloDouglas Elliman Commercial Real EstateMore Info
212-776-4367

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Louis PuopoloDouglas Elliman Commercial Real EstateMore Info
212-776-4367

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.