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Rent/Lease Retail 159-165 Canal St

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 $ 76
4,900
$ 31,033
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 $ 32
4,000
$ 10,833
Broadway & Howard Street $ 63
3,000
$ 15,750
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
Interior office/person
Team Rooms
Suites

Nearby office Spaces for Rent

Address $ / SF SF Monthly Rent
Broadway & Howard Street $ 110
7,500
$ 69,062
Address $ / SF SF Monthly Rent
Broadway & East Houston $ 81
3,700
$ 24,975
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
$ 80,979
Address $ / SF SF Monthly Rent
Broadway & East Houston Street $ 80
6,100
$ 40,920
Broadway & Howard Street $ 52
2,500
$ 10,729
Wooster St & Spring Street $ 85
6,800
$ 48,166
Mulberry St & Hester Street $ 44
3,000
$ 11,000
Greene St & Broome Street $ 104
4,500
$ 39,187
Broadway & Grand Street and Howard Street $ 60
5,600
$ 27,766
Allen St & Between Canal Street $ 51
3,500
$ 14,875
Elizabeth St & Prince Street $ 90
3,500
$ 26,250
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
Mott St & Grand Street $ 51
2,000
$ 8,500
Centre St & Broome Street $ 62
1,700
$ 8,783
Bowery & Between Canal Street $ 58
1,500
$ 7,250
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 $ 35
3,500
$ 10,208
Delancey St & Ludlow Street $ 56
6,500
$ 30,333
Broadway & Spring Street $ 59
3,200
$ 15,733
Wooster St & Broome Street $ 57
2,500
$ 11,958
Howard St & Between Mercer Street $ 91
6,000
$ 45,500
Broadway & Prince Street $ 41
2,800
$ 9,566
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 159-165 Canal St

Rent Retail 159-165 Canal St

Rent Medical Space at 159-165 Canal St

Nearby Office Tenants Leased
  • The Frye Company Flagship leased 12,000 SF at 113 Spring Street
  • The New York Foundation for the Arts leased 11,835 SF at 20 Jay St
  • Proper Cloth leased 11,822 SF at 495 Broadway
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Minds + Assembly leased 11,000 SF at 628 Broadway
  • M5 Showroom leased 10,842 SF at 174 Hudson St
  • WeWork leased 10,800 SF at 540 Broadway
  • Studs leased 10,524 SF at 594 Broadway
  • The Huffington Post leased 10,250 SF at 560 Broadway
  • Rimes Technologies leased 10,000 SF at 134 Spring St
Nearby Retail Tenants Leased
  • Sabon NYC leased 1,500 SF at 458 Broadway
  • Blue Gorilla leased 1,200 SF at 87 East Houston Street
  • James Famularo, Eastern Consolidated leased 1,080 SF at 21 Thompson Street
  • Joe & the Juice leased 1,040 SF at 295 Greenwich Street
  • Luana Italy leased 1,026 SF at 155 Spring Street
  • Dunderdon leased 1,000 SF at 270 Lafayette St
  • Chambers Pizza Inc. leased 600 SF at 105 Chambers St
  • David Zahabian leased 500 SF at 401 Broadway
  • Staya Jewelry leased 500 SF at 449 Broadway
  • Philly Pretzel Factory leased 300 SF at 86 Chambers Street
$ / SF SF Monthly Rent
Please notify me when a new space is available
Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 159-165 Canal Street. This trend is projected to continue. Opportunities for subleases remain available at 159-165 Canal Street and in the nearby Soho neighborhood.
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159-165 Canal Street nyc
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159-165 Canal Street Property Overview

Building Address: 159-165 Canal St, New York NY 10013
Building Alternate Address: 159-165 Canal St
Zip Code:10013
Neighborhood:Soho
Borough:Manhattan
Stories:0
Year Built:1915
Building Class:B
Block & lot:00203-0002

159-165 Canal Street, located in Manhattan’s Chinatown neighborhood, is a historic commercial building originally constructed in 1915. The building comprises approximately 30,000 square feet across five stories and has been classified as an office with commercial uses spanning one to six stories.

Over the years, 159-165 Canal Street has housed a variety of commercial tenants, reflecting the evolving nature of Canal Street as a bustling retail and business corridor. Historically, the ground floor has been occupied by numerous jewelry businesses, indicative of the neighborhood's strong retail and wholesale trade heritage. The building underwent renovations in 2016 and 2017, modernizing its interior spaces while preserving its early 20th-century commercial architecture.

Purchased in 2013 for $33.6 million by a Manhattan-based partnership, the building continues to serve as a key retail and office location in Chinatown, supporting a diverse range of businesses including banks and food establishments, which contribute to the dynamic street-level activity of Canal Street.

The structure's robust combination of historic significance and commercial adaptability exemplifies the architectural and economic history of lower Manhattan's Chinatown area, mirroring the neighborhood's transformation from traditional manufacturing and import trades to modern retail and service industries.

159-165 Canal St, New York, NY 10013 is a property located in Chinatown, Manhattan. The building was constructed in 1915 and renovated in 2017. It features a total of 30,000 square feet, with the building class categorized as Office with Commercial - 1 to 6 Stories (O5). The property consists of 12 commercial spaces and is part of a block with two buildings on the lot. As of a recent sale, a nearby two-story, 5,000-square-foot office property was part of a transaction involving Isaac and Joseph Oved of The Oved Group.


159-165 Canal St, NYC Amenities

  • Key money requirement: $280,000
  • Turnkey setup: Fully operational hotpot restaurant
  • Capacity: Accommodates up to 80 guests
  • Utilities: Gas availability and full ventilation system
  • Location features: Corner lot, high foot traffic area
  • Interior: Well-lit space with authentic décor
  • Climate control: Air conditioning installed
  • Building details: 1915 construction, 2017 renovation
  • Operational history: Previously housed Da Long Yi Hot Pot

159-165 Canal St, Manhattan, NYC - Office Tenants Rented / Leased

The property at 159-165 Canal Street is a five-story office building located in the Soho neighborhood of Manhattan. It features a mix of retail on the ground floor and office space above, with a total gross leasable area of approximately 29,425 square feet.

The building includes:

  • Five stories with office units
  • Ground-floor retail space currently anchored by First Republic Bank
  • Building Class C, constructed in 1915 and renovated in 2017

Office rental rates vary by class and type of office space, with windowed offices ranging from $750 to $2,000 per month and interior offices from $500 to $1,250 per month, depending on office classification (Class A, B, or C).

At the time of sale transactions, the office building was part of a portfolio purchase, indicating stable tenancy and investment interest.


Internet Providers at 159-165 Canal St, Manhattan, NYC

The following internet service providers are commonly available in Manhattan neighborhoods including the area around 159-165 Canal Street, offering a range of connection types and speeds:

  • Verizon Fios: Offers fiber-optic internet with speeds starting at 300 Mbps and up to 2.3 Gbps. Known for high reliability, symmetrical upload/download speeds, and competitive pricing starting around $49.99/month. Covers approximately 85% of Manhattan, including most residential and commercial areas near Canal Street.
  • Astound Broadband Powered by RCN: Provides both cable and fiber internet with plans up to 1.5 Gbps. Known for affordable pricing and unlimited data usage. Widely available across Manhattan, including lower Manhattan neighborhoods.
  • Spectrum: Cable and fiber internet with speeds up to 1 Gbps starting around $30-$50/month. Offers broad coverage throughout Manhattan, including Canal Street area, with reliable service and option to bundle TV and phone.
  • Optimum: Available in some parts of Manhattan with cable and fiber connections offering speeds up to 8 Gbps, though coverage may be more limited compared to the above providers.
  • Xfinity: Cable internet with speeds up to 2 Gbps, and some availability in Manhattan neighborhoods.

Other options such as satellite providers (e.g., HughesNet, Viasat, Starlink) and fixed wireless providers (e.g., Starry Internet, XNET WiFi) are also accessible but are generally fallback options for areas where fiber or cable is unavailable.


159-165 Canal Street Location

This location is situated in Chinatown, Manhattan, New York City. The cross streets include Canal Street, Centre Street, and Lafayette Street.

Transportation Options

  • Subway: The nearest subway stations are Canal Street, served by the J, N, Q, R, Z, W, B, D lines, and Spring Street, served by the 1, C, E, A, 2 lines.
  • Bus: Nearby bus stops include lines M1, M20, M21, M55, BM2, BM4, BXM18, and more.
  • Train: PATH trains also have a stop nearby.

This area benefits from high foot traffic due to its busy commercial setting.

Nearby Office Tenants Leased
  • The Frye Company Flagship leased 12,000 SF at 113 Spring Street
  • The New York Foundation for the Arts leased 11,835 SF at 20 Jay St
  • Proper Cloth leased 11,822 SF at 495 Broadway
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Minds + Assembly leased 11,000 SF at 628 Broadway
  • M5 Showroom leased 10,842 SF at 174 Hudson St
  • WeWork leased 10,800 SF at 540 Broadway
  • Studs leased 10,524 SF at 594 Broadway
  • The Huffington Post leased 10,250 SF at 560 Broadway
  • Rimes Technologies leased 10,000 SF at 134 Spring St

Nearby Retail Tenants Leased
  • Sabon NYC leased 1,500 SF at 458 Broadway
  • Blue Gorilla leased 1,200 SF at 87 East Houston Street
  • James Famularo, Eastern Consolidated leased 1,080 SF at 21 Thompson Street
  • Joe & the Juice leased 1,040 SF at 295 Greenwich Street
  • Luana Italy leased 1,026 SF at 155 Spring Street
  • Dunderdon leased 1,000 SF at 270 Lafayette St
  • Chambers Pizza Inc. leased 600 SF at 105 Chambers St
  • David Zahabian leased 500 SF at 401 Broadway
  • Staya Jewelry leased 500 SF at 449 Broadway
  • Philly Pretzel Factory leased 300 SF at 86 Chambers Street
Nearby Office Tenants Leased
  • The Frye Company Flagship leased 12,000 SF at 113 Spring Street
  • The New York Foundation for the Arts leased 11,835 SF at 20 Jay St
  • Proper Cloth leased 11,822 SF at 495 Broadway
  • Postworks New York leased 11,000 SF at 100 Avenue of the Americas
  • Minds + Assembly leased 11,000 SF at 628 Broadway
  • M5 Showroom leased 10,842 SF at 174 Hudson St
  • WeWork leased 10,800 SF at 540 Broadway
  • Studs leased 10,524 SF at 594 Broadway
  • The Huffington Post leased 10,250 SF at 560 Broadway
  • Rimes Technologies leased 10,000 SF at 134 Spring St
Nearby Retail Tenants Leased
  • Sabon NYC leased 1,500 SF at 458 Broadway
  • Blue Gorilla leased 1,200 SF at 87 East Houston Street
  • James Famularo, Eastern Consolidated leased 1,080 SF at 21 Thompson Street
  • Joe & the Juice leased 1,040 SF at 295 Greenwich Street
  • Luana Italy leased 1,026 SF at 155 Spring Street
  • Dunderdon leased 1,000 SF at 270 Lafayette St
  • Chambers Pizza Inc. leased 600 SF at 105 Chambers St
  • David Zahabian leased 500 SF at 401 Broadway
  • Staya Jewelry leased 500 SF at 449 Broadway
  • Philly Pretzel Factory leased 300 SF at 86 Chambers Street

Vaultus Professional Service Testimonial

Vaultus Professional Service testimonial To whom it may concern: I have had the opportunity to work with "Optimal Spaces" (specifically, Stephen Sunderland) over the last 18 months. Steve was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional spaces. Honestly, I was expecting to be "sold" a space that would not meet all of our needs. However, in a short period of time, Stephen found a tower-floor space that exceeded my expectations and that was approximately 25% below the current market rates for comparable space. The most important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses extensive knowledge of the real estate market and negotiation, is responsive, and performs his work in a highly professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is most interested in building mutually beneficial business relationships with his clients -- not the commissions they represent. I am happy to recommend "Optimal Spaces" to other growing businesses, and I look forward to working with "Optimal Spaces" again. Sincerely, Joseph J. Tutrone Vice President Vaultus Professional Service
🤝
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.
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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?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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.
Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
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