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MLS ID KEY975167Last updated Sep 18, 2026

Multi Family

198 Grand Street

Active · New York (Manhattan), NY 10013

Asking price$7,990,000Request a Showing
Year built
2006
Est. monthly taxes
$29,388.42
Property gallery0 / 33
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About this home

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.

Listing snapshot

Days on site
59 days
Listed on MLS
Mar 23, 2026
Annual property tax (MLS)
$352,661
Tax year
2025
Listing brokerage
Lin Pan Realty Group LLC
MLS ID
KEY975167
Last updated
Sep 18, 2026

General features

Property type
Multi Family
Year built
2006
Parking
None
Water source
Public
Sewer
Public Sewer
Utilities
None

Interior features

Heating
Electric
Cooling
Separate Meters

Exterior features

Construction materials
Brick

Recent activity

  1. Listing updated from MLS
  2. First seen on this site
  3. MLS status changed

Location

New York (Manhattan), NY 10013Show interactive map
198 Grand Street

New York (Manhattan), NY 10013

Google Maps directions

Listing data is supplied by the MLS and may change without notice.