341 Grand StNew York, NY 10002

This vacant, three-story storefront at 341 Grand Street, New York, NY 10002 offers 4,200 square feet of space on a 1,648 square foot lot. Built in 1910, the property boasts 22 feet of Grand Street frontage and 75 feet of Ludlow Street frontage. Currently configured as ground floor retail (~1,600 SF) and two floors of office space (~1,000 SF and ~1,600 SF respectively), it presents significant redevelopment potential. With 5,271 square feet of air rights, the property allows for approximately 10,000 buildable square feet. Located in the heart of the Lower East Side, this C6-2 zoned property benefits from high foot traffic and proximity to multiple subway lines (Delancey-Essex Street & Grand Street stations). The asking price is $4,499,000 ($1,071.19/SF). Multiple investment strategies are viable, including mixed-use rental conversion, boutique condominium development, or a flagship retail space. This corner lot presents a unique opportunity to capitalize on the Lower East Side's resurgence.