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    274 Canal St New York, NY 10013

    Sponsored
    For Sale
    $14,000,000

    Commercial - New York, NY

    Property size:
    4,800 SF
    Lot size:
    0.05 Acres
    Days on Market:
    512
    Last Refresh:
    Jan 7 at 5:06 am

    Property Features for 274 Canal St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    M1-5
    Size
    4,800 SF
    Lot size
    0.05 Acres

    Building Details

    Architectural style
    Other

    Ashford Homes LLC (929) 364-1301

    Listing agent Ray Long Wu (929) 364-1301

    Listing date Aug 14, 2024

    MLS# 478469 Listing URL

    Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 Corner Building

    Located in the prime Chinatown area, this is an existing 4-story commercial corner building. It has an approved plan for 4,878 square feet of commercial space and 1,626 square feet of residential space. The property is zoned M1-5 and is being sold 'As Is'. The lot size is approximately 0.0466 acres. The property is located in New York, NY 10013.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant 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.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.001609
    Latitude
    40.718908

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    FAQs

    What type of property is this?
    Commercial land - Prime Chinatown location with approved plans for commercial and residential use.
    Where is this commercial land located?
    The property is located at 274 Canal St New York, NY.
    What is the asking price?
    The asking price for this property is $14,000,000.
    What are key features of this property?
    This property features: - Prime Chinatown location; - Approved plan for mixed-use development, featuring 4878 SF of commercial space and 1626 SF for residential use; - Four-story corner building
    (929) 364-1301
    Request Owner's contact information
    274 Canal St New York, 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
    274 Canal St New York, NY 10013
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