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147 Canal St

Chinatown, New York, NY

About 147 Canal St

This office space is located at 147 Canal Street, New York, NY. This 1,200 square foot building is in the heart of Chinatown and Little Italy. This is an ideal opportunity for tenants looking to rent in a bustling, pedestrian-heavy area.

The space is ideal for retail or restaurant usage. The 1,200 square foot ground floor space also has an equally sized basement. This is a fully vented restaurant with walk-in freezer and an up-to-date HVAC system.

The location can’t be beat. 147 Canal St is right by Manhattan Bridge on the corner of Bowery and Canal Street. There is 32 feet of glass frontage for additional exposure. The area is rich with commerce, tourism, banking, dining and shopping. Numerous subway and bus stations are around the area and within a few minutes’ walk.

The building sits in the middle of a large outdoor plaza/pedestrian area. The exterior is neutral-colored with a large storefront and intriguing neighbors.

Internet Providers for 147 Canal St

Provider Technology Max Download Speed Max Upload Speed
RCN Cable
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s
Verizon New York DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Chinatown

On average, listings lease in the $60's per square foot per year. The Chinatown submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.

Compared to the rest of the New York City market, the Chinatown region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Median Rate Median Size
Chinatown $65
/sqft/yr
1,400
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,372
sqft

Median Rate over Time in Chinatown