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    38 Grand St New York, NY 10013-6201
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    Property profile & analytics

    38 Grand St New York, NY 10013-6201


    • Retail residential properties
    • 8,045 SF
    • 0.04 lot acres
    Off-Market
    Property ID
    US63-3580091
    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.

    Value Estimations
    $3,500,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Crispy Heaven bakery and restaurant / Restaurant
    • Danny Boy / Plumbing Service / General Contractor

    Property Details for 38 Grand St

    Year built
    1900
    Lot size
    0.04 lot acres
    Property size
    8,045 SF
    Zone code
    M15R10
    Property type
    Retail residential properties
    APN
    00476-0088
    APU
    4760088

    Description

    This exceptional 800-square-foot retail space, previously occupied by Crispy Heaven, is available for lease in the heart of Soho. Fully built-out in 2020 with all permits secured, the space boasts a turn-key setup including a vented multi-level electrical oven, refrigerators, ice machine, wash stations, grease trap, and water heater. Its prime location on Grand Street offers high visibility and heavy foot traffic, benefiting from proximity to luxury hotels, high-end retailers, and the vibrant energy of Canal Street. The stylish and inviting design is perfect for a cafe or bakery targeting professionals, residents, and tourists. This space presents an unparalleled opportunity for growth and expansion within one of Manhattan's most desirable retail and dining districts. Its excellent accessibility, with nearby subway lines, ensures a consistent flow of customers. The space is ready for immediate occupancy, allowing a new operator to capitalize on the established infrastructure and high-demand location. This is an exceptional opportunity to establish or expand a thriving business in the sought-after Soho neighborhood.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,275,000
      6.5%
      $3,945,000
      7%
      $3,665,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.0042
    Latitude
    40.7227
    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
    $172,040
    $135,000
    $1,309,130
    $1,444,130
    -
    $300,000
    $2,758,000
    $3,058,000
    More about this property
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