Home Details for 198 Grand Street

Prime Chinatown Mixed-Use Investment Opportunity – Elevator Building Exceptional 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.

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