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91 Baxter Street New York, Manhattan, NY, 10013
Chinatown Mixed-Use Building For Sale

91 Baxter Street New York Manhattan, NY 10013

For Sale
$11,000,000

MULTI_FAMILY - New York (Manhattan), NY

Property Size5,000 SF
Lot Size0.12 Acres
Price / SF$2,200
Days on Market167

Property Features for 91 Baxter Street New York

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
C6-1
Rooms
Basement
Basement
Full
Standard status
Active
APN
0199-0007
Size
5,000 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
219354

Utilities

Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public

Building Details

Year built
1880
Number of units
46
Building materials
Brick
Listing Agency: Sany Realty Group LLC
Listed By: Wanping Liu
Added: Feb 8 Changed: May 12 Last Checked: Jul 25 at 10:06AM
MLS# 959685

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

Located on a busy street in Chinatown, this mixed-use property features a retail store on the first floor with 5,000 square feet of space that can be divided into two stores. The seven-story building contains 44 residential units. The property is situated next to Canal Street and Mott Street. The lot size is approximately 0.1159 acres. The zoning is C6-1.

Key Highlights

  • Prime location in Chinatown, next to Canal St. and Mott St.
  • High‑traffic location on a busy street.
  • Retail store on the first floor with 5000 sqft, divisible into two stores.

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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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

Suggested Use

Nursing Home Nursing Home Pet Grooming Service Buffet Clothing & Fashion Store Adult Day Care Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

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 Street New York Manhattan, 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: Prime location in Chinatown, next to Canal St. and Mott St.; High‑traffic location on a busy street.; Retail store on the first floor with **5000 sqft, divisible into two stores.**
More about this property
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