Bestreich Realty Group (BRG) has been exclusively retained to sell 343 Grand Street (Block: 00310, Lot: 0014), located between Ludlow and Essex Street in the Lower East Side section of Manhattan. The property is built 21.92 ft x 51 ft, offering approximately 3,600 square feet. It sits on a 21.92 ft x 75 ft lot and is zoned C6-2.
The property features 2 two-bedroom apartments and 1 store. The fully finished basement boasts tiled floors, corporate office space, a conference room, two storage rooms and a bathroom. The back staircase in the Papa John’s leads to a finished mezzanine level. The mezzanine is used as a private office and is located behind the 2nd floor apartment.
Additionally, the property offers approximately 6,297 square feet of unused air rights for the potential addition of a fourth and fifth floor to the building. The total buildable for this site is 9,897 square feet. The property is two blocks from the F subway line and is a few blocks from the J, Z, B and D subway lines, offering quick and easy service throughout Manhattan and to the other boroughs. Located steps from the heart of the Lower East Side, 343 Grand benefits from its close proximity to a variety of restaurants, bars, stores, cafes, and one of Manhattan's largest developments downtown, Essex Crossing. The immediate area is home to a number of neighborhood hot spots like Katz’s Deli, The DL, Contra, Hotel Chantelle, Russ & Daughters, Sauce and Hair of the Dog among others.
