Manhattan, NY Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, has been named the exclusive agent for sale 74 Grand St., a development site in SoHo. Senior executive managing director, David Schechtman, managing directors, Lipa Lieberman and Abie Kassin, vice president, Jason Goldy, and director, Scott Burk, are representing the seller in this transaction.
Situated at one of the most trafficked locations in New York City, 74 Grand St. is a development site boasting 25 ft. of frontage on one of the landmark neighborhood’s most well-known streets. Zoned M1-5B, the development site has more than $1.8 million in structural fortification and offers investors or users the immediate opportunity to capitalize on strong demand and exceptional neighborhood fundamentals. Development options include a mixed-use condominium building with ground floor retail or a boutique office building.
A well-traversed destination for residents and visitors alike, SoHo is the city’s fashion hub with no shortage of trendy destinations for shopping, dining, and entertainment. The centrally located neighborhood features historic charm with cast-iron architecture, cobblestone streets, and sweeping lofts and art galleries. The property is easily accessible via the A, C, and E subway lines, the N, Q, R, and W subway lines, and the 1 subway line at Canal St.