98 E Broadway
New York, NY 10002 Chinatown

• Unit Size: 3,207 SF
• Condo Use: Office/Retail
• Price: $1,800,000 USD
• Sale Type: Investment
• Price/SF: $561.27 USD

Sale Notes

98 East Broadway presents the opportunity to acquire an occupied commercial condominium in Manhattan's Chinatown neighborhood. Located along East Broadway, the property benefits from frontage within an active mixed-use corridor that serves a dense residential population, neighborhood businesses, community institutions, and local service providers. The location offers direct access to Lower Manhattan and Brooklyn through nearby F, B, D, J, and Z subway lines, supporting long-term tenant accessibility and connectivity throughout New York City.
The offering consists of the full second-floor commercial condominium unit within a larger mixed-use building completed in 2008. The space is currently occupied by Happy Wealthy Adult Daycare Center under a lease extending through October 2027, providing in-place tenancy and contractual rental income. The tenant's established occupancy, combined with annual rent escalations, offers investors a stabilized income stream within one of Manhattan's most active neighborhood commercial districts.
Chinatown continues to serve as a major commercial and cultural destination with a diverse mix of retail, medical, community, and service-oriented uses. The property's proximity to civic facilities, healthcare providers, neighborhood retail, and public transportation contributes to consistent demand from local businesses and service operators. With a full-floor configuration, institutional-quality transit access, and existing occupancy, the asset provides an opportunity to acquire a commercial condominium positioned within a well-established Manhattan neighborhood.