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.