274 Canal StNew York, NY 10013

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.