Prime Chinatown Mixed-Use Investment Opportunity - Elevator BuildingExceptional opportunity to acquire a well-maintained mixed-use building in the heart of Chinatown. Built in 2006, this elevator building offers approximately 12,373 SF and features a strong income-producing retail component plus four residential units.The ground-floor retail space generates approximately $28,000/month, providing stable cash flow. The residential units (4 units) can be delivered vacant, offering significant upside for repositioning, rental increase, or end-user flexibility.Key features include: Elevator building (rare in Chinatown) Private rooftop garden with open city views Additional private outdoor space / sunroom Modern construction (2006) Flexible residential configuration (ideal for investor or owner-user)Located on highly desirable Grand Street with heavy foot traffic, surrounded by established businesses, restaurants, and transportation.Ideal for investors seeking stable income with upside potential, or end-users looking for a live/work opportunity in a prime Manhattan location.
Listing By
Agency Name: Lin Pan Realty Group LLC
Agency Contact: 516-472-8112
Shown By
Agent Name: Nicholas Ram
Agent Phone: Cell: (347) 822-4793
Agency Title: Howard Hanna | Coach Realtors
198 Grand Street | MLS# 975167
This commercial property located at 198 Grand Street, New York, NY 10013 is currently listed for sale with an asking price of $7,990,000. Search New York real estate on nram.coachrealtors.com today.