$4,990,000
Updated 2 years ago
Sold

174 Grand Street

Little Italy, Manhattan | Baxter Street & Mulberry Street

18 Rooms6 Beds6 Baths5,368 Square FeetMixed Use

$4,990,000
floors / apts4 / 6
Building TypeLow-Rise
RE Taxes$74,154
Price Per SF
$930

Building Amenities

  • Voice Intercom

Property Description for 174 Grand Street

PRIME LITTLE ITALY, CORNER MIXED-USE BUILDING FOR SALE
This rare offering at 174 Grand Street hasn't been on the market for over 20 years, making it a great long-term investment opportunity.
174 Grand Street features 6 residential rental units and ground floor retail space with current, Onieal's Grand Street Restaurant & Bar. The building is fully occupied, totaling 5,368 square feet with an additional 5,472 FAR. The 6, N/Q/R, and B/D trains are all within blocks.

Listing History for 174 Grand Street

Now
12/06/2024
Sold and Closed by Ali Raza
Corcoran
10/03/2024
Contract Signed by Ali Raza
Corcoran

Building Details for 174 Grand Street

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/6
Learn More About the Building

Transit and Citi Bike

Subway

Canal St
0.14 miles
Spring St
0.19 miles
Bowery
0.21 miles
Grand St
0.24 miles
Prince St
0.32 miles

Citi Bike

Lafayette St & Grand St
0.06 miles
Howard St & Lafayette St
0.11 miles

Contact Agents

Contact Agents

Ali Raza
Corcoran
Marko Arsic
Corcoran
Jason Lau
Corcoran

Little Italy | Manhattan

Quick Profile

It’s fitting that the neighborhood’s name is Little Italy because It’s been getting smaller for decades. The Italian immigrants that flooded New York City and built the vibrant ethnic enclave in the 1860s and 1880s eventually left for greener pastures, assimilating into other parts of the city or suburbs. The disappearance of Little Italy is a sad story as far as neighborhoods go, but it’s one that should be told. 

Little Italy once spanned 50 square blocks and represented the biggest population of Italian immigrants in America. But in recent years, it’s been squeezed by the growth of Chinatown and SoHo and muscled from the rebranding of other neighborhoods like NoHo and NoLIta. In fact, NoLita was the culprit that cut the neighborhood in two. Little Italy’s boundaries may vary depending upon who you ask. Today it’s down to just a few blocks along Mulberry Street. 

One of the best ways to experience Little Italy is through its food. Take your pick from mom-and-pop markets, meat and cheese shops, or authentic sit-down restaurants that offer the very best in Italian cuisine. 

Every September (since 1926), the neighborhood hosts the Feast of San Gennaro, which celebrates the patron Saint of Naples Italy. 11 days of food, colorful parades, music performances, and more food. The aroma of zeppole and grilled sausage can be smelt for blocks. Try planning your visit around this festive time. It’s well worth it. 

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: 96804TH