Listing Courtesy of Douglas Elliman Real Estate
$11,500,000
Potential Rebate: $172,500
<p>334 Grand Street (AKA 63 Ludlow Street)</p> <p> For Sale - $11,500,000</p> Property Description <p>At the intersection of art, fashion, and innovation stands 334 Grand Street - a striking, newly constructed 7-story, 8,395 SF steel, concrete, and brick corner masterpiece. This rare offering presents an exceptional opportunity for single-family conversion, multi-use corporate headquarters, or live/work with income potential.</p> <p>Located in the heart of the Dimes Square / Orchard Street enclave, where cutting-edge retail, world-class dining, and cultural institutions thrive, the property offers a one-of-a-kind chance to anchor your vision in Manhattan's most dynamic neighborhood.</p> <p> Highlights include:</p> <ul> <li> <p> Prime corner retail frontage - ideal for flagship retail, gallery, or café with high foot traffic and unparalleled visibility.</p> </li> <li> <p> Expansive full-floor lofts - sun-drenched layouts with oversized windows, gourmet kitchens, and spa-quality baths, adaptable for office, residential, or income use.</p> </li> <li> <p> Penthouse triplex - a trophy residence with 26 windows, private terraces on each level, and soaring views, flooded with natural light.</p> </li> </ul> <p>A trophy asset without compromise, 334 Grand Street offers the flexibility to live, work, or both-evolving seamlessly as your needs grow. Already home to fashion insiders and industry leaders, this contextually rich property is ready for its next chapter: yours.</p> Property Features <ul> <li> <p> Address: 334 Grand Street, New York, NY 10002 (also known as 63 Ludlow Street)</p> </li> <li> <p> Location: Southeast corner of Grand & Ludlow Streets</p> </li> <li> <p> Block / Lot: 408 / 22</p> </li> <li> <p> Lot Dimensions: 24.5 ft. x 60.08 ft.</p> </li> <li> <p> Lot Sq. Ft.: 1,472</p> </li> <li> <p> Building Dimensions: 24.6 ft. x 60 ft.</p> </li> <li> <p> Building Sq. Ft.: 8,395 (above grade)</p> </li> <li> <p> Stories: 7</p> </li> <li> <p> Floors: 8</p> </li> <li> <p> Total Units: 5 (2 residential, 2 commercial, 1 retail)</p> </li> <li> <p> Outdoor Space: 900 sq. ft. of terraces and balconies</p> </li> <li> <p> Retail Space: 900 rentable SF (ground) + 700 rentable SF (cellar)</p> </li> <li> <p> Zoning: C4-4A FAR: 4 Air Rights: Overbuilt</p> </li> <li> <p> Taxes (2025/2026): $118,428 Tax Class 4</p> </li> <li> <p> Certificate of Occupancy: Final</p> </li> <li> <p> Elevator: Yes (Cellar to 6th Floor)</p> </li> </ul> Unit Breakdown Penthouse Triplex (Floors 5-7) <p>Approx. 2,500 SF interior + 900+ SF terraces 26 oversized windows 2 bedrooms 2.5 baths</p> <ul> <li> <p>Full-floor layouts with loft-like flow and flexibility</p> </li> <li> <p>Corner living room with dramatic south/east exposures</p> </li> <li> <p>Open chef's kitchen, ideal for entertaining</p> </li> <li> <p>Spa-style primary bath with radiant heated floors and claw-foot tub</p> </li> <li> <p>Three levels of private terraces for seamless indoor/outdoor living</p> </li> <li> <p>Central air & heat</p> </li> </ul> Fourth Floor Loft - Approx. 1,465 SF <ul> <li> <p>Private key-locked elevator entry</p> </li> <li> <p>Corner layout with 9 oversized windows</p> </li> <li> <p>South/east exposures with abundant light</p> </li> <li> <p>Open kitchen + spa-inspired double-shower bath</p> </li> <li> <p>Convertible to 2-bedroom</p> </li> </ul> Third Floor Loft - Approx. 1,465 SF <ul> <li> <p>Private elevator entry</p> </li> <li> <p>Brick exposure + 8 windows</p> </li> <li> <p>Open kitchen + spa-style bath</p> </li> <li> <p>Convertible to 2-bedroom</p> </li> </ul> Second Floor Loft - Approx. 1,465 SF <ul> <li> <p>Flexible layout ideal for rental, residence, or office</p> </li> <li> <p>Corner with 8 windows, south/east light</p> </li> <li> <p>Open kitchen + spa-style bath</p> </li> <li> <p>Convertible to 2-bedroom</p> </li> </ul> Ground Floor Retail - 900 SF + 700 SF Cellar <ul> <li> <p>Prime corner storefront with high ceilings and flexible open plan</p> </li> <li> <p>Two entrances with oversized windows and excellent visibility</p> </li> <li> <p>Ideal for gallery, boutique, café, or office</p> </li> </ul> Cellar - Approx. 1,465 SF <ul> <li> <p>Retail support + building storage</p> </li> <li> <p>Easily accessible from ground floor</p> </li> </ul> Financials upon request. <p> </p> <p>The Neighborhood: Lower East Side</p> <p>The Lower East Side (LES) is Manhattan's cultural crossroads - a neighborhood where heritage meets trend, and the worlds of art, food, fashion, and nightlife intersect. Once gritty streets now pulse with creativity, boasting an eclectic mix of legendary institutions and cutting-edge newcomers.</p> <ul> <li> <p> Dining & Nightlife: Katz's Delicatessen, Russ & Daughters, Double Chicken Please, Scarr's Pizza, Beauty & Essex, Attaboy, Dirt Candy.</p> </li> <li> <p> Shopping: Assembly New York, Reformation, Susan Alexandra, Frankie Shop, Maryam Nassir Zadeh.</p> </li> <li> <p> Culture: Essex Market, The New Museum, Tenement Museum, Metrograph Cinema, International Center of Photography.</p> </li> <li> <p> Music & Performance: Bowery Ballroom, Mercury Lounge, The Slipper Room, Caveat.</p> </li> </ul> <p> Connected & Accessible: Served by multiple subway lines (6, B, D, F, J, Z, N, Q, R, W), the LES puts all of Manhattan - and beyond - within reach.</p> <p> </p>
$66,695 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$172,500
Monthly savings impact
$479/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20048055

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