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    198 Canal St, Unit New York Manhattan, NY 10013

    For Sale
    $1,488,000

    Office - New York (Manhattan), NY

    Type:Office
    Property size:
    1,847 SF
    Days on Market:
    114
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 198 Canal St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    C6-IG
    APN
    0200-1007
    Size
    1,847 SF

    Building Details

    Number of units
    2
    Architectural style
    Other

    eXp Realty (888) 276-0630 [email protected]

    Listing agent Emily P. Koo (888) 276-0630 License #10301218036

    Listing date Aug 22, 2025

    MLS# L3513048 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chinatown Commercial Condo For Sale

    This commercial condominium offers 1847 gross square feet of space and is situated in the heart of Chinatown, specifically on the south side of Canal Street between Mott and Mulberry Streets. The turn-key unit is suitable for medical or professional use. The location is conveniently positioned between Chinatown, SoHo, TriBeCa, and the Lower East Side. The property is located two blocks from the Canal Street & Centre Street subway station, providing access to the J, Z, N, Q, R, and 6 subway lines. The layout includes a reception area, four exam rooms, and storage space suitable for medical supplies and equipment. A private bathroom is also included. The surrounding neighborhood features coffee shops, restaurants, and shops. The property is zoned C6-IG.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lower East Side ... Mental Health Service Naing-Thulin Kevin MD Doctor Anthony Py Chan ... Gastroenterologist J Tang Co ... Attorney Lee Kwok Man ... Internist

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    New York Veterinary Practice, Biscuits & Bath - Financial District, Bond Vet - Financial District, CurePet, Seaport Animal Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan
    County
    New York
    State
    New York
    Longitude
    -73.998409
    Latitude
    40.716764

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    FAQs

    What type of property is this?
    Medical office - Turn-key 1847 sqft commercial condo in prime Chinatown location.
    Where is this medical office located?
    The property is located at 198 Canal St, Unit New York Manhattan, NY.
    What is the asking price?
    The asking price for this property is $1,488,000.
    What are key features of this property?
    This property features: - Prime Chinatown location on Canal Street, between Mott and Mulberry Streets.; - Turn-key commercial condo suitable for medical or professional use.; - Close proximity to the Canal Street & Centre Street subway station (J, Z, N, Q, R, 6 lines).
    (888) 276-0630
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    198 Canal St, Unit New York Manhattan, NY 10013
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    Manhattan, NY 10013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    198 Canal St, Unit New York Manhattan, NY 10013
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