198 Grand Street

198 Grand Street

Manhattan, NY 10013

$7,990,000

198 Grand Street
Manhattan, NY 10013

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Manhattan / NY

Multi Family HIGHLIGHTS

  • Property Type

    Commercial Sale, Multi Family

  • Year Built

    2006

  • RE Tax

    $352,661

Listing courtesy of Lin Lin Kuriyama of Lin Pan Realty Group LLC.

Prime mixed-use building located in the heart of Chinatown. Approx. 12,373 SF (all measurements are approximate), featuring elevator access, rooftop garden, and multiple outdoor spaces. Retail income approximately $28,000/month. Residential units include rent-stabilized tenants, with 4 vacant units currently not generating income. Units are subject to rent stabilization regulations (including restrictions through 03/15/2029). Potential value-add opportunity through lease-up of vacant units and long-term repositioning. Property to be sold as-is. All information deemed reliable but not guaranteed. Buyer to verify all information.

  • City Region

    Manhattan

  • MLS #

    975167

  • Property Type

    Multi Family

  • Year Built

    2006

  • Building Area Total

    12373

  • Construction Materials

    Brick

  • Total Number of Units

    6

  • Year Built

    2006

  • Parking Features

    No Garage, None

  • Annual Taxes

    $352,661

  • Cooling

    Yes - Separate Meters

  • Heating

    Yes - Electric

  • Sewer

    Public Sewer

  • Water Source

    Public

in US Dollars

%

Total/Month

  • Principal & Interest
  • Property Taxes (monthly) $29,388

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

198 Grand Street

Location

Nearby Transit

  • J Z

    at Bowery

    0.16 miles
  • B D

    at Grand St

    0.17 miles
  • 4 6 6X

    at Canal St

    0.18 miles
  • J Z

    at Canal St

    0.18 miles
  • N Q

    at Canal St

    0.2 miles

Data courtesy of LocalLogic.co

Little Italy
Neighborhood

Little Italy

Little Italy, located in Lower Manhattan between Canal, Bowery, and Lafayette Streets, is a historic neighborhood known for its Italian heritage and vibrant street life. Transportation is excellent, with access to the 6, N, R, Q, W,...

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198 Grand Street

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