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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.

Features
Heating System:
Electric
Cooling System:
Separate Meters
Parking Features:
No
Sewer:
Public Sewer
Utilities:
No
Address Map
City:
NY
State:
NY
County:
New York (Manhattan)
Property and Construction
Development Status:
Brick
Agent MlsId:
190768
Office MlsId:
LNPN01
Number Of Units:
5
Special Listing Conditions:
No
Tax Annual Amount:
$352,661
Water Source:
Public
Zoning:
C6-2G
PhotosCount:
18

Commercial Sale For Sale

198 Grand Street, New York, NY

2,442 Acre
$7,000,000
Listing ID #967296
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
967296
Price :
$7,000,000
Bathrooms Total :
0
Building Area :
12,373 Sqft
Lot Area :
2,442 Acre
Year Built :
2006
Status :
Active
Status :
Active
Listing Office :
Lin Pan Realty Group LLC
Listing Agent :
Lin Lin Kuriyama
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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