Grand Street Development Hits Market for $10.5M

Posted on: June 18th, 2020 at 5:09 am by

Finished four years ago, a Grand Street mixed-use development just hit the market.

The six-story building at 328 Grand Street is on the chopping block for an asking price of $10.5 million.

That coin gets you a property with two vacant commercial units (1 ground floor and 1 lower level) and five market rate apartments.

Cushman & Wakefield was retained as exclusive broker.

It’s been a long road for 328 Grand.

This address was long a symbol of the economic collapse of 2009. The new building spent more than eight years in development before its completion in late-2016. It was conceived as condos, but ultimately became free-market rentals.

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