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    Chinatown Mixed-Use Building For Sale Title is generated by Realmo AI

    91 Baxter St, New York, NY 10013

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    For Sale
    $11,000,000

    Mixed-use building in Chinatown with retail and residential units.

    Type:Commercial
    Property size:
    5,000 SF
    Price / SF:
    $2,200/SF
    Added:
    Apr 24, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 24 at 3:13 pm

    Property Features for 91 Baxter St

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1880

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    Listing Contact
    Wanping Liu

    Listing agent Wanping Liu

    Listing office Sany Realty Group LLC

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Sany Realty Group LLC

    HighLights

    • Unbeatable location: Walker's Paradise (Walk Score 100), Rider's Paradise (Transit Score 100), and Biker's Paradise (Bike Score 92).
    • Prime Chinatown location: Situated on a busy street, next to Canal St. and Mott St.
    • Substantial retail space: 5000 sqft retail store on the first floor.
    • Divisible retail space: The retail space can be divided into two separate stores.
    • Mixed‑use property: Features both commercial (retail) and residential (44 units) spaces.
    • Historic building: Built in 1880.

    Overview

    Located on a busy street in Chinatown, this property features a retail store on the first floor with 5000 square feet of space, which can be divided into two stores. The building is situated next to Canal Street and Mott Street. The property consists of seven stories and includes 44 residential units. The location has a bike score of 92, indicating it is a biker's paradise, a walk score of 100, designating it as a walker's paradise, and a transit score of 100, marking it as a rider's paradise.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $1.18M $235.68
    − Vacancy −$173.2k −$34.64
    EGI $1.01M $201.04
    − OpEx −$301.6k −$60.31
    NOI $703.6k $140.72
    5,000 SF · lease $235.68/SF/yr · vacancy 14.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $10.05M
    $8.80M – $11.73M (±1% cap)
    NOI $703,623 @ 7.0% cap · market cap 6.40%
    Second Best
    Mixed Use
    $2.28M
    $1.99M – $2.66M (±1% cap)
    NOI $159,375 @ 7.0% cap · market cap 1.45%
    Theoretical Best
    Specialty Retail
    $12.45M
    $10.89M – $14.52M (±1% cap)
    NOI $871,200 @ 7.0% cap · market cap 7.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Dr. Aaron M. ... Physician La Diáspora Bar ... Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.999434
    Latitude
    40.716865

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in Chinatown with retail and residential units.
    Where is this mixed-use property located?
    The property is located at 91 Baxter St New York, NY.
    What is the asking price?
    The asking price for this property is $11,000,000.
    What are key features of this property?
    This property features: Unbeatable location: Walker's Paradise (Walk Score 100), Rider's Paradise (Transit Score 100), and Biker's Paradise (Bike Score 92).; Prime Chinatown location: Situated on a busy street, next to Canal St. and Mott St.; Substantial retail space: **5000 sqft retail store on the first floor.**
    More about this property
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