Updated 4 years ago
Off Market
328 Grand Street
Chinatown, Manhattan | Orchard Street & Ludlow Street
7,155 Square FeetIncome Property
$8,500,000
floors / apts6 / 5
Lot Size24'9"x68'8"
Built Size24'9"x68'
ZoneC4-4A
Building TypeLow-Rise
RE Taxes$86,382
Price Per SF
$1,188
Outdoor space and views
- Balcony
Building Amenities
- Virtual Doorman
- Grilling Stations
- Keyed Elevator
- Roof Deck
Property Description for 328 Grand Street
Five luxury apartments for bulk sale.
LLC controllingpartnership interest transferred with the sale of the five units. The commercialcomponent to the building can be purchased separately.
Each full floor apartment is a 1 bed, 2 bath, that can easily be flexed into a 2 bed, 2 bath residence. They allfeature modern kitchens, direct elevator access, have front and rear balconies, and an in-unit washer and dryer.
Apartment spread:
2A (Garden): 1(2) bed, 2 bath, 910 sq ft (internal) 566 sqft (outdoor)
3A : 1(2) bed, 2 bath, 910 sq ft (internal) 106 sqft (outdoor)
4A : 1(2) bed, 2 bath, 910 sq ft (internal) 106 sqft (outdoor)
5A : 1(2) bed, 2 bath, 910 sq ft (internal) 106 sqft (outdoor)
6A (Penthouse): 1(2) bed, 2 bath, 910 sq ft (internal) 1031 sqft (outdoor - including two level private rooftopdeck).
Apartments can be delivered vacant and are free market rentals. Each apartment has dedicated utilities and access to the multi-level roof top terrace with 360 degree view of NYC. Canbe converted into a condominium.
LLC controllingpartnership interest transferred with the sale of the five units. The commercialcomponent to the building can be purchased separately.
Each full floor apartment is a 1 bed, 2 bath, that can easily be flexed into a 2 bed, 2 bath residence. They allfeature modern kitchens, direct elevator access, have front and rear balconies, and an in-unit washer and dryer.
Apartment spread:
2A (Garden): 1(2) bed, 2 bath, 910 sq ft (internal) 566 sqft (outdoor)
3A : 1(2) bed, 2 bath, 910 sq ft (internal) 106 sqft (outdoor)
4A : 1(2) bed, 2 bath, 910 sq ft (internal) 106 sqft (outdoor)
5A : 1(2) bed, 2 bath, 910 sq ft (internal) 106 sqft (outdoor)
6A (Penthouse): 1(2) bed, 2 bath, 910 sq ft (internal) 1031 sqft (outdoor - including two level private rooftopdeck).
Apartments can be delivered vacant and are free market rentals. Each apartment has dedicated utilities and access to the multi-level roof top terrace with 360 degree view of NYC. Canbe converted into a condominium.
Listing History for 328 Grand Street
Now
03/08/2022
POM by Jennifer Restivo Carey
REAL New York
01/12/2022
$8,500,000 [-$2,000,000] [19%]
Price Drop by Jennifer Restivo Carey
REAL New York
Building Details for 328 Grand Street
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVirtual Doorman
AgePost-War
AccessKeyed Elevator
Year Built2019
Financing Allowed90%
Floors/Apts6/5
Transit and Citi Bike
Subway
Delancey St-Essex St
0.14 miles
Grand St
0.2 miles
East Broadway
0.25 miles
Bowery
0.28 miles
2 Av
0.42 miles
Citi Bike
Orchard St & Grand St
0.02 miles
Norfolk St & Broome St
0.12 miles
Chinatown | Manhattan
Quick Profile
The roots of Chinatown are said to go back as far as 1858, with the arrival of Cantonese businessman, Ah Ken. Ah Ken made his fortune selling cigars and is thought to have set up the first boarding houses for Chinese immigrants.
Vibrant and bustling, in New York City’s Chinatown, you’ll find the biggest population of Chinese people in the Western Hemisphere. Although Chinatown was established mostly by Cantonese speakers, due to an influx of Fuzhounese speaking Chinese immigrants and Mandarin being the official language of China and Taiwan, Mandarin has become vital to the dynamic tableau that is Chinatown.
Centered around Chatham Square and Columbia Park, Chinatown is transportive yet quintessential New York. Traveling the cozy corridors of Chinatown, bask in the varied languages and cultural diaspora, uniquely American and yet universal. Witness the roots of a place where a community was allowed to grow within a community, a world within a world. See it in the statues, architecture, and signage throughout Chinatown. Smell it seeping out from the multitude of dim sum restaurants, noodle houses, and speakeasies that reside here. Pick up a bao and wander the markets for deals and explore the sometimes brutal historic sites.
Chinatown is developing. Much of the lower-income housing once available in the area are being refurbished and sold. As a result, the community and its demographic makeup are diversifying.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 78824TH
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