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282 Grand St

Bowery, New York, NY
Floors
3
Total Size
2,788 sqft
Lot Size
0 acres
Year Constructed
1900
Year Renovated
0
Number of Buildings
1

About 282 Grand St

The attractive 3-story building at 282 Grand Street may not tick all the boxes for tenants hoping to rent office space but it is certainly ideal for retailers looking for a great opportunity in the heart of New York’s bustling Chinatown.

282 Grand Street provides retailers with a great storefront in a part of New York currently undergoing gentrification. Trendy coffee shops and art galleries are beginning to mingle with traditional and new high-end fashion stores and accessories retailers.

282 Grand Street provides tenants with an enormous signage opportunity in an area enjoying exceptional pedestrian traffic and year-round tourism.

With two Chinese grocery stores adjacent and an abundance of restaurants and retailers in the immediate neighborhood, this area is always buzzing with local consumers and tourists.

The eye-catching red brick building at 282 Grand Street in New York boasts a gabled, dark gray slate roof with three storefronts on the ground floor. It is an inviting facade with great awning identity potential.

Internet Providers for 282 Grand St

Provider Technology Max Download Speed Max Upload Speed
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
25 Mb/s
1.5 Mb/s
Verizon New York DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Bowery

On average, listings lease in the $80's per square foot per year. The Bowery submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 15% decrease in rent.

Compared to the rest of the New York City market, the Bowery submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Median Rate Median Size
Bowery $85
/sqft/yr
3,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,330
sqft

Median Rate over Time in Bowery