355 Grand St New York, NY 10002-4628
This exceptional 1,200 square foot office space is located on the second floor of a stunning, newly constructed (2019) six-story building at 355 Grand Street, situated on a prime corner lot at the intersection of Grand and Essex Streets in New York City's Lower East Side, within the Chinatown submarket cluster. The building boasts a total of 6,935 square feet, a 6.5 FAR, and features a modern elevator. This Class A space offers a single-tenant occupancy within a building that also includes residential units. The property sits on a 1,151 square foot lot and benefits from approximately 75 feet of wraparound frontage, providing excellent visibility. The vibrant neighborhood is home to a diverse range of businesses and amenities, including Cafè Katja, Las Lap, Skin Contact, Casa Mezcal, and Roasting Plant Coffee, ensuring a bustling and convenient location. The C6-2, 12c zoning designation offers flexibility for various commercial uses. This space presents a unique opportunity to establish a presence in a rapidly developing and highly sought-after area of Manhattan. The building's modern design and prime location make it an ideal choice for businesses seeking a sophisticated and accessible workspace.
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Keyless Storage Facility Storage Facility
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CHA & - Tea Bar Cafe & Coffee Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C6-2 · New York, NYCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.