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198 Grand Street, New York, NY 10013

$7,990,000

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BEDS0 BATHS MLS#975167

STATUSActive PROPERTY TYPECommercial -

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Property Description

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.

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 www.laffey.com today.

Property Features

Property Type: Commercial -

Cooling: Separate Meters

Heating: Electric

Taxes: $352,661

Year Built: 2006

Feature Descriptions

Building Area Total: 12373

Days on Site: 74

Exterior: Brick

On Market Date: 2026-03-23

Parcel Number: 0471-0054

Parking Features: None

Rental Term: Monthly

Sewer: Public Sewer

Units: 6

Utilities: None

Water: Public

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55 Northern Blvd
Greenvale, NY 11548

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/05/2026. The listing information on this page last changed on 06/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/05/2026 12:05:59 AM EST) or OneKey MLS (last updated Fri 06/05/2026 12:00:37 AM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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198 Grand Street, New York, NY 10013

Property Description

198 Grand Street | MLS# 975167

Property Features

Feature Descriptions

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198 Grand Street, New York, NY 10013

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