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Investment Highlights

  • Prime Chinatown location with excellent visibility and foot traffic.
  • Two north-facing rooms with operable windows for natural light.
  • Surrounded by retail, dining, and cultural attractions in a dynamic neighborhood.
  • 1,002 SF commercial condo featuring five offices/exam rooms and reception area.
  • Convenient access to multiple subway lines (J, Z, N, Q, R, 6) within two blocks.
  • Move-in ready space suitable for medical or professional office use.

Executive Summary

198-200 Canal Street is a seven-story, Class B office building constructed in 1910, located in Manhattan’s Chinatown neighborhood. The building totals approximately 30,000 square feet with typical floor plates of 5,000 square feet. Zoning is C6-1G, and the property is positioned between Mott and Mulberry Streets. The available unit is a third-floor commercial condo of approximately 1,002 square feet configured for office or medical use. The property is within walking distance of multiple subway lines and is surrounded by retail and dining establishments.

1 Unit Available

Unit 302

Unit Size 1,002 SF
Price $999,000
Price Per SF $997.01
Condo Use Office
Sale Type Owner User
Description

Located in the heart of Chinatown on the south side of Canal Street between Mott and Mulberry Streets, this commercial condo has over 1,000 SF featuring 5 spacious offices/examination rooms, an inviting reception/waiting area, a private bathroom, a file area, and a storage/utility room. The two North-facing rooms have a large operable window facing Canal Street, providing great natural light. This unit is move-in ready and works well as a medical office and a wide range of business types. Monthly property tax is $596 and common charges are at $$727. Situated on a vibrant block with lots of great coffee shops, restaurants and shops. Conveniently located between Chinatown, SoHo, TriBeCa, and the Lower East Side. This prime location is only two blocks to Canal Street & Centre Street subway station, offering easy access to the J, Z, N, Q, R, and 6 lines.

Some photos have been virtually staged.

Sale Notes

3rd floor office condo for $999,000!

Monthly property tax is $596 and common charges are at $727.

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Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 30,000 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 7
Typical Floor Size 5,000 SF
Year Built 1910
Lot Size 0.12 AC
Zoning C6-1G, Manhattan - C6 districts permit a wide range of high-bulk commercial uses requiring a central ­location

Amenities

  • Bus Line
  • Metro/Subway
  • Air Conditioning
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100

Major Tenant Information Click Here to Access

TENANT SF Occupied LEASE END DATE
Amy P. Wu, MD - Jan 0000
  • Listing ID: 39645926

  • Date on Market: 3/3/2026

  • Last Updated:

  • Address: 198-200 Canal St, New York, NY 10013

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