BEDS0
BATHS
MLS#967296
STATUSActive
PROPERTY TYPECommercial -
Property Description
Rare opportunity to acquire a modern elevator mixed-use building in the heart of Manhattan's Chinatown commercial corridor. Built in 2006, the property features a ground-floor retail space generating approximately $28,000 per month ($336,000 annually) with approximately four years remaining on the lease. The residential portion consists of four units delivered vacant allowing the new owner to lease at market rents or reposition the property. Layouts include a 4.5BR/3.5BA duplex residence with private garden, a 3BR/2BA unit, and two 2BR/2BA units. The building also offers a common rooftop garden and key-card elevator access.
Property Features
Property Type: Commercial -
Cooling: Separate Meters
Heating: Electric
Lot Size: 0.06 Acres
Taxes: $352,661
Year Built: 2006
Feature Descriptions
Building Area Total: 12373
Exterior: Brick
On Market Date: 2026-03-05
Parcel Number: 0471-0054
Parking Features: None
Rental Term: Monthly
Sewer: Public Sewer
Units: 5
Utilities: None
Water: Public
Listed By / Shown By
Listing By
Agency Name: Lin Pan Realty Group LLC
Agency Contact: 516-472-8112
Shown By
Agent Name: TEAM Sharon Redmond & Monica Kiely
Agent Phone: (516) 746-5511
Agency Title: Howard Hanna | Coach Realtors
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198 Grand Street | MLS# 967296
This commercial property located at 198 Grand Street , New York, NY 10013 is currently listed for sale with an asking price of $7,000,000. Search New York real estate on sharonandmonica.coachrealtors.com today.