230 Grand St New York, NY 10013

Property Details for 230 Grand St

Property size

30,000 SF

Property type

Retail properties

Description

This exceptional commercial property, located at 230 Grand Street A3 in New York, NY 10013, presents a unique investment opportunity. The property is a retail space encompassing a substantial 30,000 square feet situated on a 5,000 square foot lot. Currently configured as a single unit, this expansive space offers significant potential for a variety of retail uses. The asking price is $50,000. While the marketing materials mention a smaller space (approximately 900 sq ft) with a lease in place, the listing refers to the entire 30,000 sq ft building. The lease details, including the monthly rent of $7,000 and remaining lease term of 9.5 years, should be independently verified. Note that the lease includes property taxes and water. The building's location at the corner of Grand Street and Bowery Street offers exceptional visibility and foot traffic in a vibrant New York City neighborhood. The ceiling height is noted as "Other," requiring further clarification. This property is ideal for an investor seeking a significant retail presence in a high-demand area. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity. Further due diligence is recommended to confirm all aspects of the property and lease terms.