198 Grand Street New York, NY $ 7,990,000
198 Grand Street
$ 7,990,000
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198 Grand Street

New York, NY, 10013
$ 7,990,000
Bedrooms-- Baths-- Sq 12,373

Monthly Estimate*

$ 49,196

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Commercial Property for sale in New York, NY

for $7,990,000. This 12,373 square foot building was built in 2006.

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.

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Commercial Active

Price

$ 7,990,000

Property Type

Commercial

Taxes

$ 352,661

Style

Multi Family

Year Built

2006

Town/City

New York

County/Region

New York

MLS | Web ID

975167

Features
General
Sewer Public Sewer
Heating Electric
Cooling Separate Meters
Utilities None
Construction Materials Brick
Year Built 2006
Property Subtype Multi Family
Tax Year 2025
Parcel Number 0471-0054
County New York (Manhattan)
Property Type Commercial Sale
City New York
Number Of Units Total 6
Property Attached Y/N N
Tax Annual Amount 352661
Showing Instructions Please call LA for more information.
Building Area Units Square Feet
Standard Status Active
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Exterior
Parking Features None None
Water Source Public
Building Area Total 12373
Waterfront Y/N N
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Interior
Basement (Y/N) N
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Internal Only
Street Number 1 198
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* Excluded Features
List By
Lin Lin Kuriyama

Listing Agent

Lin Pan Realty Group Llc

Broker

516-472-8112

Contact

Affordability Calculator

$78,584
Per Month
63%
37%
0%
Monthly Principal & Interest
$49,196
Monthly Property Taxes
$29,388
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2026$7,990,000 Listed Price

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198 Grand Street, New York, NY, 10013 is a Commercial Property for sale at $7,990,000 with 12,373 sqft. 198 Grand Street was built in 2006. The property's zip code is 10013 which is in New York, NY