339 Grand St New York, NY 10002-4532
Property profile & analytics
339 Grand St New York, NY 10002-4532
- Retail residential properties
- 4,200 SF
- 0.03 lot acres
Property ID
US63-0834086
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- GTA Access / General Contractor
- Ideal Hosiery / Clothing Store
Property Details for 339 Grand St
- Year built
- 1900
- Lot size
- 0.03 lot acres
- Property size
- 4,200 SF
- Zone code
- C6-2
- Property type
- Retail residential properties
- APN
- 00309-0019
- APU
- 3090019
Description
This exceptional redevelopment opportunity presents a three-story, 4,320 square foot vacant storefront located at 339 Grand Street in New York City's vibrant Lower East Side (zip code 10002). The property, classified as a Class B building, sits on a 1,440 square foot lot and boasts an additional 4,349 square feet of air rights, presenting significant potential for expansion. Currently configured as a ground floor retail space with a full basement used for storage, and two upper floors also used for storage, the building offers immense flexibility. The layout includes a front entrance on Grand Street and a side entrance on Ludlow Street, along with a fire escape and ample window exposure. Ceiling heights vary, with 11-foot ceilings on the ground floor, 12-foot ceilings on the second floor, and 10-foot ceilings on the third floor. The basement features 8-foot ceilings and both interior and exterior access. The building is equipped with one gas and one electric meter located in the basement. Zoned C6-2 (6.0) R8 Equivalent (6.02), this landmark building allows for commercial and mixed-use development. The property is being sold "as is" and requires a complete gut renovation. Ideal uses include restaurants, pharmacies, art galleries, or supermarkets, potentially utilizing the upper floors for office space. The unused attic space under the pitched roof offers further expansion possibilities. This is a prime opportunity for value-add investors seeking a high-impact project in a desirable New York City location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9902
- Latitude
- 40.7168
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$48,751
$74,700
$385,560
$460,260
-
$166,000
$998,000
$1,164,000
