198 Grand Street, New York (Manhattan), NY

$7,990,000

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12,373

Square feet

About 198 Grand Street

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.

Features of 198 Grand Street

MLS® # 975167
Price $7,990,000
Internal Footage 12,373
Year Built 2006
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 198 Grand Street
City New York (Manhattan)
County New York (Manhattan)
State NY
Zip Code 10013

Amenities

Utilities None
Parking None
Is Waterfront No
Has Pool No

Interior

Heating Electric
Cooling Separate Meters
Fireplace No
Has Basement No

Exterior

Construction Brick

Additional Information

Date Listed March 23rd, 2026
Days on Market 200
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofLin Pan Realty Group LLC
Contact Info516-472-8112

Listing Map

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