198 Grand Street , New York, NY 10013

New - 6 Hours Ago

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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.

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 www.timberlandproperties.com today.

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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

Demographics

Listed By / Shown By

Listing By

Agency Name: Lin Pan Realty Group LLC
Agency Contact: 516-472-8112

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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