527 Grand, New York, NY 10002

Lower East Side, New York, New York 10002

$5,400,000  

Listing ID Number

25555

Property Description

Cushman & Wakefield has been exclusively retained to arrange for the sale of 527 Grand Street, located on the corner of Grand and Henry Street. The ground floor commercial space is occupied by
a pharmacy on a month to month basis. The second floor has a 4 bedroom 1 bathroom apartment.
The third floor has two apartments. Both are 2 bedroom 1 bathroom apartments. The building has over
500 square feet of air rights for residential and over 4,000 square feet of air rights for community facility. The property has 29 feet of frontage on Henry, 47 feet on Grand and 23 feet on the corner.

Overview

Building Type:Apartment Buildings, Commercial Buildings, Mixed-Use Investment Buildings, Mixed-Use User Buildings
Location:Located on the corner of Grand and Henry Street
Block/Lot:288/36
Stories:3
Residential Units:3
Commercial Units:1
Building Sq Ft:3714

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Michael F. DeCheser
Senior Managing Director
(212) 660 7772
michael.decheser@cushwake.com

Mei Ling Wong
Director
(212) 660 7716
meiling.wong@cushwake.com

Andrew Berry
Director
(212) 589-5124
andrew.berry@cushwake.com

Bryan Hurley
Associate
(212) 660-7706
bryan.hurley@cushwake.com


Property Images

Click the image for a high resolution version.

<     /     >

Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.