Grand Street Development Hits Market for $10.5M
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.