
Property Description
Acre NY Realty Inc. is pleased to present 329 Grand Street, an exclusive offering located on the south side of Grand Street between Orchard and Ludlow Streets, in the vibrant Lower East Side of Manhattan.
Originally built in 1910 and gut-renovated in the 2000s, this ~22’-wide, ~65’-long three-story walk-up has been meticulously maintained in prime condition. The property offers 3,493 sqft of usable space and 4,953 sqft of unused air rights, providing long-term upside potential.
All units are free-market and fully occupied, ensuring an immediate and stable return.
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Retail Unit (Ground Floor): 1,365 sqft plus a 450 sqft basement storage area.
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Residential Units (2): Each 840 sqft, 3-bedroom layout, renovated with oak laminate flooring, double-paned windows, quartz countertops, and modern appliances.
Located directly across from Mizuma & Kips, a renowned art gallery with a mural-filled façade, and steps from the Lower East Side Open Streets program, the property benefits from strong pedestrian traffic and community vibrancy.
Grand Street anchors one of Manhattan’s most dynamic neighborhoods—home to acclaimed restaurants, bars, and boutiques—driving steady population growth and sustained housing demand.
Overview
Layout
6 Bed 2 Bath
Location
329 Grand Street, New York, NY 10002
Size
3,493 sqft
Financial
Price
$3,400,000
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