ON THE SCENE: Tzipporah Wexler of Grand Success Realty and Alan P. Miller of Besen & Associates have been retained to sell 339 Grand Street

Tzipporah Wexler of Grand Success Realty and Alan P. Miller of Besen & Associates have been retained to sell 339 Grand Street House, a rare surviving example of the Federal style row house in Manhattan. One of five Federal style row houses erected on Grand Street between 1831-33 by John Jacob Astor, 339 Grand Street House was designated a landmark in 2013. Located on the southwest corner of Grand and Ludlow Streets, the house is comprised of a 3.5-story structure with a 17.5 ft. wide corner commercial building. The property has 4,200 s/f above grade, including a retail store on the ground floor. Ideal Hosiery, which has occupied the space since the 1960s, will be relocating to new premises. AKA 57 Ludlow Street, the nearly two-century-old building will be delivered vacant at closing and still retains 4,200 s/f feet of unused development rights with possible transfer potential. This property is one block away from Essex Crossing which will have 1,000 units of housing, a 15,000 s/f open space, an expanded Essex Street Market, senior housing and community facilities, a rooftop urban farm, 400,000 s/f of office space, and a mix of retail.

 

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