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Rent/Lease Office 243 Canal St

$ / SF SF Monthly Rent
Negotiable
5,000
Negotiable

Nearby Sublease office Spaces for Rent

Address $ / SF SF Monthly Rent
Astor Pl & Cooper Square $ 49
13,400
$ 54,716
Address $ / SF SF Monthly Rent
Greene St & Between Canal Street $ 74
4,900
$ 30,420
Address $ / SF SF Monthly Rent
Broadway & East Houston Street $ 48
1,900
$ 7,520
Address $ / SF SF Monthly Rent
Broadway & East Houston Street $ 55
13,200
$ 60,500
Address $ / SF SF Monthly Rent
Broadway & East Houston Street $ 66
4,300
$ 23,650
Broadway & Broome Street $ 110
5,400
$ 49,500
Address $ / SF SF Monthly Rent
Broadway & Broome Street $ 110
2,500
$ 22,916
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Eldridge St & Hester Street $ 31
4,000
$ 10,333
Broadway & Howard Street $ 62
3,000
$ 15,375
Address $ / SF SF Monthly Rent
Wooster St & Broome Street $ 70
1,800
$ 10,500
Broome St & Greene Street $ 42
2,000
$ 7,000
Broadway & Howard Street $ 62
2,200
$ 11,366
Type of Space Class A/month Class B/month Class C/month
Windowed office/person $ 2100 $ 2105 $ 775
Interior office/person $ 1350 $ 1605 $ 525
Team Rooms $ 10100 $ 8855 $ 5025
Suites $ 20100 $ 12855 $ 7025

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Broadway & East Houston $ 82
3,700
$ 25,283
E Broadway & Between Pike Street $ 80
3,000
$ 20,000
Address $ / SF SF Monthly Rent
Address $ / SF SF Monthly Rent
Spring St & Lafayette Street $ 84
11,500
$ 80,020
Address $ / SF SF Monthly Rent
Broadway & East Houston Street $ 79
6,100
$ 40,158
Broadway & Howard Street $ 52
2,500
$ 10,937
Wooster St & Spring Street $ 86
6,800
$ 48,733
Mulberry St & Hester Street $ 45
3,000
$ 11,250
Greene St & Broome Street $ 103
4,500
$ 38,625
Broadway & Grand Street and Howard Street $ 60
5,600
$ 28,233
Allen St & Between Canal Street $ 52
3,500
$ 15,166
Address $ / SF SF Monthly Rent
Broadway & East Houston Street $ 70
1,800
$ 10,500
Broadway & Howard Street $ 56
2,300
$ 10,670
Spring St & Broome Street $ 85
1,600
$ 11,312
Broadway & Grand Street and Howard Street $ 88
2,400
$ 17,700
Centre St & Broome Street $ 62
1,700
$ 8,783
Address $ / SF SF Monthly Rent
Broadway & Spring Street $ 103
42,200
$ 362,216
Howard St & Between Mercer Street $ 90
7,100
$ 53,250
Address $ / SF SF Monthly Rent
Eldridge St & Hester Street $ 36
3,500
$ 10,500
Delancey St & Ludlow Street $ 57
6,500
$ 30,875
Broadway & Spring Street $ 60
3,200
$ 16,000
Wooster St & Broome Street $ 58
2,500
$ 12,166
Howard St & Between Mercer Street $ 92
6,000
$ 46,000
Broadway & Between Broome Street $ 42
3,000
$ 10,500
Address $ / SF SF Monthly Rent
Wooster St & Broome Street $ 58
1,600
$ 7,750
Lafayette St & Between Broome Street $ 58
1,800
$ 8,775
Howard St & Between Mercer Street $ 93
2,000
$ 15,500

Retail Spaces for Rent at 243 Canal St

Rent Medical Space at 243 Canal St

Nearby Office Tenants Leased
  • NYC Health + Hospitals leased 514,884 SF at 100 Pearl St
  • Niche Media leased 45,000 SF at 100 Church St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Bollinger Inc. leased 6,621 SF at 100 Wall St
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Chickpea leased 2,582 SF at 110 William St
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Simit and Smith leased 400 SF at 11 Waverly Pl
  • Sundaram Tagore Gallery leased 400 SF at 1100 Madison Ave
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 243 Canal Street. This trend is projected to continue. Opportunities for subleases remain available at 243 Canal Street and in the nearby Soho neighborhood.
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243 Canal Street Property Overview

Building Address: 243 Canal St, New York NY 10013
Building Alternate Address: 243 Canal St
Zip Code:10013
Neighborhood:Soho
Borough:Manhattan
Stories:6
Year Built:1915
Building Class:B
Block & lot:00208-0020

243 Canal Street, located in the SoHo neighborhood of Manhattan, New York City, is a six-story building constructed in 1915. Originally designed as an office building with commercial spaces, it encompasses approximately 21,700 square feet on a 3,857 square foot lot. The building reflects early 20th-century commercial architectural style and has been preserved through various alterations, the most recent significant updates occurring in 1989.

Situated in a historically vibrant part of Manhattan, 243 Canal Street sits in an area once named after a short-lived canal built in 1807 that drained the Collect Pond into the Hudson River. Though the canal and pond were buried by 1819, the street—and by extension this building—retains the legacy of New York City's early efforts at urban water management and development.

Throughout its existence, the building has functioned primarily as commercial office space, serving the evolving business needs of the neighborhood. It features classic loft-style elements with retail stores at street level and offices above, characteristic of mixed-use buildings in the area.

In recent decades, 243 Canal Street has undergone various renovations and alterations to maintain its relevance in a competitive Manhattan commercial market while preserving its historical character. The building's location grants convenient access to multiple subway lines and nearby cultural landmarks, embedding it firmly within the dynamic urban fabric of Lower Manhattan.

243 Canal Street, Manhattan, NYC

243 Canal Street is a six-story multifamily and office building located in the SoHo neighborhood of Manhattan, New York City. The building was originally constructed in 1915 and underwent its last alteration in 1989.

Building Details

  • Stories: 6
  • Year Built: 1915
  • Building Class: Office with Commercial - 1 to 6 Stories (O5)
  • Lot Size: 3,857 square feet
  • Building Size: Approximately 21,700 square feet

Usage and Layout

The property contains multiple commercial and office units, including loft-style office space with features such as exposed brick and ceilings, tenant-controlled HVAC, LED strip lighting, and private restrooms. It offers full-floor office spaces approximately 4,950 square feet each with modern loft finishes.

Location and Neighborhood

Situated in the vibrant SoHo/Chinatown area, 243 Canal Street benefits from excellent access to public transportation including multiple subway lines (6, J, M, Q, R, W, Z) near Canal Street station and bus lines. Nearby cultural institutions include the Museum of Chinese in America, Mmuseumm, and Artists Space.

Property Tax and Market Information

  • Purchase Price (2016): $25,000,000
  • Estimated Property Tax (2024-2025): $113,179
  • Assessed Market Value: $2,337,000

Building Amenities at 243 Canal St, Manhattan, NYC

243 Canal Street is a multifamily loft building with retail stores, built in 1915 and featuring 6 stories.

  • Communal roof access with tenant-only roof deck
  • Passenger elevator
  • 24/7 building access
  • Direct access to multiple Canal Street subway lines: 6, J, M, Q, R, W, Z
  • Exposed brick and exposed ceilings in office spaces
  • Tenant controlled HVAC system
  • LED strip lighting throughout available office spaces
  • Abundant natural light with windows on two sides
  • Conference rooms and private restrooms in office spaces
  • Wrap-around wet pantries in office layouts

243 Canal Street, Manhattan, NYC

Neighborhood: SoHo

Zip Code: 10013

Borough: Manhattan

Stories: 6

Year Built: 1915

Building Class: Office with Commercial

Past and Current Tenants:

  • Santander - Finance and Insurance
  • The "M" Jewelers - Retailer
  • Tony's Chocolonely, Inc. - Accommodation and Food Services
  • Other Industries - New Tenant as of 2020

Internet Providers Available at 243 Canal St, Manhattan, NYC

Residents and businesses at 243 Canal St have access to several top internet service providers offering a range of connection types including fiber, cable, and DSL, with speeds suitable for all usage levels from basic browsing to high-demand streaming and gaming.

Verizon Fios

Verizon Fios provides a 100% fiber-optic network with symmetrical download and upload speeds, offering plans starting around $49.99/month. Speeds can reach up to 2.3 Gbps, making Fios a leading choice for fast and reliable internet in Manhattan.

Spectrum

Spectrum offers widespread cable and fiber internet coverage across Manhattan, including 243 Canal St, with plans starting as low as $30/month. Speeds up to 1 Gbps are available with no data caps, making Spectrum a solid option for typical residential and commercial needs.

Astound Broadband (formerly RCN)

Astound Broadband provides both cable and fiber internet services at competitive prices, with unlimited data usage and speeds up to 1.5 Gbps. Plans start around $35/month, offering a cost-effective option for high-speed internet access in the building.

Optimum

Optimum offers some of the fastest internet speeds in NYC, with plans reaching up to 8 Gbps in select areas. Though premium priced, Optimum’s fiber and cable internet services deliver ultra-high speeds for demanding users.

Additional Providers

Other providers such as Xfinity and satellite options like Viasat and HughesNet are also available in Manhattan generally, though fiber and cable options are recommended for optimal performance at this location.


Transportation Near 243 Canal St, Manhattan, NYC

243 Canal Street is served by multiple subway lines with direct access nearby:

  • Subway Lines: 6, J, M, Q, R, W, Z, 1, C, E, 2
  • PATH Train service accessible in the vicinity
  • Bus Routes: BXM18, M20, X27, SIM1, SIM1C, BM2, BM4, M1, QM25, M103, among others

Nearby subway stations include:

  • Canal St Station (serving J, N, Q, R, Z, W, 6, 1, 2, C, E lines) — approximately 2 minutes walk
  • Grand St Station (B, D lines) — approx. 0.32 miles
  • Spring St Station (6 line) — approx. 0.3 miles
  • Chambers St Station (J, Z, 4, 5, 6 lines) — approx. 0.34 miles

Nearby bus stops within a few minutes walk include:

  • Avenue Of the Americas/West Broadway (1 min walk)
  • 6 Av / Lispenard St (2 min walk)
  • Bowery/Canal St (4 min walk)
  • Varick St at N Moore St (3-4 min walk)
  • Spring St/Hudson St and Spring St/Greenwich St (5 min walk)

Cross Streets

243 Canal Street is located near the intersection of Canal Street and Baxter Street in the Chinatown neighborhood of Manhattan. It is also close to Mott Street and Mulberry Street, major cross streets in this area.

Nearby Office Tenants Leased
  • NYC Health + Hospitals leased 514,884 SF at 100 Pearl St
  • Niche Media leased 45,000 SF at 100 Church St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Bollinger Inc. leased 6,621 SF at 100 Wall St
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St

Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Chickpea leased 2,582 SF at 110 William St
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Simit and Smith leased 400 SF at 11 Waverly Pl
  • Sundaram Tagore Gallery leased 400 SF at 1100 Madison Ave
Nearby Office Tenants Leased
  • NYC Health + Hospitals leased 514,884 SF at 100 Pearl St
  • Niche Media leased 45,000 SF at 100 Church St
  • Translation leased 35,000 SF at 10 Jay Street
  • Social Science Research Council leased 25,000 SF at 1 Pierrepont Plaza
  • RDA International leased 14,000 SF at 100 Vandam St
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • AM Investments leased 9,000 SF at 1 Liberty Plz
  • Bollinger Inc. leased 6,621 SF at 100 Wall St
  • Jared Finkell, MD leased 500 SF at 10 Downing St
  • Century Pharmacy leased 500 SF at 10 Rutgers St
Nearby Retail Tenants Leased
  • Life Time leased 74,000 SF at 1 Wall Street
  • Polo Ralph Lauren leased 11,000 SF at 1055 Madison Ave
  • New York Kids Club leased 4,000 SF at 11 Fifth Avenue
  • 10 Downing leased 3,400 SF at 10 Downing St
  • Chickpea leased 2,582 SF at 110 William St
  • The Anne Frank Center leased 2,500 SF at 100 Church St
  • Clean Table leased 2,000 SF at 101 Seventh Avenue
  • Gregory's Coffee leased 1,100 SF at 100 Wall St
  • Simit and Smith leased 400 SF at 11 Waverly Pl
  • Sundaram Tagore Gallery leased 400 SF at 1100 Madison Ave

Finnerty Economic Consulting, LLC. Testimonial

Finnerty Economic Consulting, LLC. testimonial
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
⚖️
Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
🗂️
Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.

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