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274 Canal St, New York, NY, 10013

--beds
0baths
4,800sqft
$14,000,000
$2,917price/sqft
$82,260/moest. monthly cost
$3,290,400/yrincome needed

About This Home

**Location! Location! Location** Prime Chinatown area. Exiting 4 stories commercial corner building. Approved plan! Purposed for 4878 SF commercial and 1626 SF residential. M1-5 Zoning! As Is!

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
93
BikeBiker's Paradise

Schools

8/10
Spruce Street SchoolGrades PK-80.6 mi
8/10
Jhs 104 Simon BaruchGrades 6-81.6 mi

Construction

Materials

  • Foundation: Concrete Perimeter
  • Roof: Other
  • Construction materials: Brick,Masonry

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Basement

  • Has basement: Yes
  • Basement: Cellar,Unfinished

Features

  • Door features: Doors - 11-15 ft
  • Flooring: None

Heating

  • Heating features: None

Interior Area

  • Total structure area: 4,800
  • Total interior livable area: 4,800 sqft

Property

Details

  • Attached to another structure: Yes
  • Zoning: M1-5
  • Special condition: Arm's Length

Lot

  • Lot size: 2,030 sqft
  • Features: Irregular Lot
  • Lot size dimensions: 35x58

Parking

  • Parking features: Street,None
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $70,791$849,492
Home Insurance *$2,393$28,716
Property Taxes $8,283$99,396
Electricity $793$9,518
Total$82,260$987,120
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,820,342/yr
40% on housing$2,467,800/yr
45% on housing$2,193,600/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,917This listing

vs Other Active Listings

Avg $/sqft

ZIP 10013$2,312
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10013$1,037
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2024-04-02Price change$14,000,000
2023-11-28Listed for sale$15,000,000

For Sale by Agent

AgentRay Long Wu
BrokerageAshford Homes LLC

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