274 Canal St New York, NY 10013
Property Lookup
Property profile & analytics
274 Canal St New York, NY 10013
- Retail residential properties
- 4,800 SF
- 0.04 lot acres
Property ID
US63-2275995
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail residential properties
Property Details for 274 Canal St
- Year built
- 1915
- Lot size
- 0.04 lot acres
- Property size
- 4,800 SF
- Zone code
- M1-5
- Property type
- Retail residential properties
- APN
- 00196-0011
- APU
- 1960011
Description
This exceptional commercial property, located at 274 Canal Street in New York City's vibrant Chinatown, presents a unique investment opportunity. The building boasts 4,800 square feet of space, ideally suited for a variety of commercial uses, including restaurant operations. Currently configured as office space, the property sits on a 2,030 square foot lot and features impressive 16-20 foot ceilings, providing ample space and flexibility for creative design and layout. The building's prime corner location offers exceptional visibility and accessibility, capitalizing on high foot traffic in this bustling neighborhood. Approved plans exist for expansion, increasing the commercial space to 4,878 square feet and adding 1,626 square feet of residential space. The M1-5 zoning allows for a diverse range of commercial uses, enhancing the property's versatility and potential for future development. Offered at $14,000,000, this "as is" property represents a significant opportunity for investors seeking a high-return investment in a prime New York City location. The building's existing infrastructure and approved plans provide a solid foundation for immediate occupancy or future expansion, making it an attractive proposition for both established businesses and ambitious entrepreneurs. This is a rare chance to acquire a substantial commercial property in one of Manhattan's most dynamic and sought-after neighborhoods. The property is located in New York County (Manhattan), New York, NY 10013.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,550,000
- 6.5%
- $2,355,000
- 7%
- $2,185,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -74.0015
- Latitude
- 40.7189
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$79,027
$420,300
$343,419
$763,719
-
$934,000
$724,000
$1,658,000
