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31239205
31239222

198 Grand Street, New York, NY 10013

Lin Pan Realty Group LLC
Listed by Lin Pan Realty Group LLC
$7,990,000
74 days on market
Updated 40 days ago

198 Grand Street

Details
APN 0471-0054
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
Year Built 2006

Multifamily | 6 Units

Marketing 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.
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Lin Pan Realty Group LLC
Listed by Lin Pan Realty Group LLC

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*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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