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Landmarked Corner Retail Building
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339 Grand Street, New York, NY 10002

Landmarked three-and-a-half-story corner commercial building with ground-floor storefront and basement, delivered vacant at closing.

Property Size4,200 SF
Days on Market122

Property Features for 339 Grand Street

General Information

Standard status Active
Size 4,200 SF
Property subtype Retail, Multifamily, Mixed Use

Building Details

Construction Federal style
Listing Agency: Besen Partners
Listed By: Ronald H. Cohen · License #NY 40CO0983987
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 9:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Besen Partners

Investment Insights

Based on property information with market context.

Offered for sale is a landmarked three-and-a-half-story corner commercial building with ground-floor storefront and basement, built in the early 1830s. The property includes approximately 4,200± SF above grade and approximately 4,200± SF in the basement, and it will be delivered vacant at closing. Unused air rights totaling approximately 4,200± SF are also included, with transfer potential since they cannot be utilized at the property.

The building is located on the southwest corner of Grand and Ludlow Streets in Manhattan’s Lower East Side/Chinatown area. It is near the Delancey–Essex Streets Station on the F, J, M, & Z trains and the Grand Street Station on the B and D trains. It is also steps from Essex Crossing, a 1.9-million-square-foot mixed-use development anchored by 1,000+ residential units and 400,000± square feet of office space.

Architecturally, the building is described as a surviving example of Federal style design, retaining significant original architectural fabric including its form and materials, three-and-a-half-story height, and a front facade with Flemish bond brickwork, high peaked roof and dormer. The rear yard addition built circa 1855 is also described as retaining significant original architectural fabric.

Key Highlights

  • Landmarked three‑and‑a‑half‑story corner commercial building at 339 Grand St / 57 Ludlow St on the southwest corner of Grand and Ludlow in Manhattan
  • Built in the early 1830s; historic Federal style row house with original architectural fabric, including Flemish bond brickwork and a high peaked roof with dormer
  • 4,200± SF above‑grade plus 4,200± SF basement, with ground‑floor storefront on the Grand St facade (storefront since at least 1884)

Property Analytics

Current Use

GTA Access General Contractor Ideal Hosiery Clothing Store

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Clothing & Fashion Store (Bike/Boat/Book/etc) Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

21,401
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citibank Shops & Services
15,431 visits/mo 0.2 miles

Demographics for 10002, NY

82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Landmarked three-and-a-half-story corner commercial building with ground-floor storefront and basement, delivered vacant at closing.
Where is this storefront property located?
The property is located at 339 Grand Street New York, NY.
What are key features of this property?
This property features: Landmarked three‑and‑a‑half‑story corner commercial building at 339 Grand St / 57 Ludlow St on the southwest corner of Grand and Ludlow in Manhattan; Built in the early 1830s; historic Federal style row house with original architectural fabric, including Flemish bond brickwork and a high peaked roof with dormer; 4,200± SF above‑grade plus 4,200± SF basement, with ground‑floor storefront on the Grand St facade (storefront since at least 1884)
(646) 424-5317 Call to check price and availability
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