Date
Details
Price
Change
Source
3/23/2026
Listed
$7,990,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$7,990,000
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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.
Full Property Details
Full Property Details for 198 Grand St
General
- Price: $7,990,000
- Taxes: $352,661
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 975167
- Updated: 3/24/2026
- Added to Site: 150 day(s) ago
Parking
- Parking Features: None
Location
- County: New York (Manhattan)
Heating & Cooling
- Cooling Type: Separate Meters
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: None
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Building Size: 12373
- Square Feet: 12,373
- Year Built: 2006
Financial Considerations
- Tax Amount: $352,661
Disclosures and Reports
- Special Conditions: None
- Property ID: 0471-0054
Listed by Lin Pan Realty Group LLC
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Listing agent
— 198 Grand St —
Lin Pan Realty Group LLC
516-472-8112
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 198 Grand St
School District:New York City Geographic School District 02
| Name | Grades | Distance |
|---|---|---|
Ps 130 Hernando De Soto 143 Baxter Street, New York, NY 10013 | K-5 | 0.1 mi |
Ms 131 100 Hester Street, New York, NY 10002 | 6-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 198 Grand St
Tax History
Tax History for 198 Grand St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$357,500
3%
$3,088,800
8%
2024
$346,476
—
$2,860,000
3%
2024
$346,476
—
$2,771,366
—
2023
$346,476
10%
$2,771,366
-37%
2022
$314,781
8%
$4,431,600
25%
2021
$291,464
-25%
$3,545,100
-5%
2020
$388,112
7%
$3,746,250
3%
2019
$363,368
24%
$3,632,850
34%
2018
$293,665
—
$2,705,625
1%
2017
$292,279
21%
$2,669,355
3%
2016
$240,975
8%
$2,585,034
8%
2016
$224,010
36%
$2,393,550
8%
2014
$164,131
27%
$2,216,250
6%
2013
$129,089
—
$2,081,250
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 198 Grand St
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- Commercial
- Active
- Updated 3 days ago
Listed by Property Professionals Realty
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- Apartment
- Active
- Updated 15 hours ago
- 1Bed
- 1Total Bath
- 487Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 1,200Sq. Ft.
Listed by VYLLA Home
- Single Family
- Active
- Updated 3 hours ago
- 4Beds
- 3Total Baths
- 2,500Sq. Ft.
Listed by Deepak Hemrajani Inc
198 Grand Street, New York, NY 10013 (MLS# 975167) is a Commercial property. 198 Grand Street is currently listed for $7,990,000 and was received on March 23, 2026. Want to learn more about 198 Grand Street? Do you have questions about finding other Commercial real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.