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    280 Grand St New York, NY 10002

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    For Lease
    Contact for pricing

    Three-story mixed-use building with retail and residential units.

    Property size:
    3,437 SF
    Lot size:
    0.05 Acres

    Property Features for 280 Grand St

    General Information

    Size
    3,437 SF
    Lot size
    0.05 Acres

    Source: Nest Seekers International - Corporate Agent Philip Fatta

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Commercial Units

    The property is a three-story, walk-up, mixed-use building featuring one residential unit and two commercial units. It is situated midblock between Eldridge Street and Forsyth Street/Sara D. Roosevelt Park. The building has a gross area of 4,471 square feet. The property is currently fully occupied by a single tenant until December 31, 2024. The ground floor is used as a bakery, and the tenant has installed a full industrial-grade kitchen in the cellar. The second floor is built out as office space and is used by the tenant for storage. The third floor contains a two-bedroom, one-bath apartment. Each floor has individual electricity meters located in the basement. A hot water heater is located in the basement. Each floor has individual gas meters located in the basement. Heating is provided by a gas-fired furnace. Cooling for the upper floors is provided by window AC units powered by electricity, while the ground floor retail unit has central AC. A dumbwaiter connects the basement kitchen to a prep kitchen at grade.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lucky King Chinese Bakery

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.992675
    Latitude
    40.718023

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    FAQs

    What type of property is this?
    Mixed-use property - Three-story mixed-use building with retail and residential units.
    Where is this mixed-use property located?
    The property is located at 280 Grand St New York, NY.
    What are key features of this property?
    This property features: - Mixed-use building with 1 residential and 2 commercial units.; - Currently 100% occupied by a single tenant through December 31, 2024.; - Ground floor bakery with a **full industrial-grade kitchen** in the below-grade cellar.
    (516) 316-6581
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    280 Grand St New York, NY 10002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    280 Grand St New York, NY 10002
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