Buy with Yoreevo
$7,830,200
List Price: $7,990,000
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198 Grand Street
House in Little Italy •  building info
studio
Buy with Yoreevo

$7,830,200

List Price

$7,990,000

Key Details
Days on market
9
Last price change
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Estimated payment
$72,502/mo
Taxes
$29,388/mo
Maintenance
N/A
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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Important Stuff
Elevator
Washer/Dryer in unit
Cats and Dogs allowed
Home features
Central Air
Hardwood floors
Private outdoor space

Balcony, Roof Deck, Roof Rights

Building amenities
Services and facilities
Fios Available
Parking Available
Shared outdoor space
Garden
Building info

History
What it'll cost
Purchase price
$7,990,000
Asking Price: $7,990,000
Term
30 Years
Down Payment
$799,000 (10%)
Min: 10% (799,000)
Rate
6.0 %
Mortgage Amount
$7,191,000
Mortgage Payment
$43,114
Taxes
$29,388
Estimated Yoreevo rebate
$159,800
Estimated closing cost
$357,000
Total monthly cost $72,502
Buy your dream home with us and get an estimated $159,800 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Lin Pan Realty Group

Information ©2026, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.