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305 Canal St

SoHo, New York, NY
Floors
5
Total Size
50,000 sqft
Lot Size
0 acres
Year Constructed
1915
Year Renovated
0
Number of Buildings
1

About 305 Canal St

This commercial building was built in 1915 and rises 5 stories above the street. There are approximately 50,000 square feet of rentable office and residential space within the structure, which is set at 305 Canal Street in the SoHo area of Manhattan, New York.

The ground floor of this structure is dedicated to prime retail space. Double doors access the windows, which have large storefronts to let in lots of natural light. While there is no facade space for signage, the picture windows offer the perfect canvas for decal signs.

Throughout 305 Canal Street, natural light is bountiful. There are high ceilings in the spaces to add to the airy feel. Some of the more industrial features of this property include exposed brick walls and some visible beams on the ceilings.

This mixed-use building is accessible via both Canal and Howard Streets, which is convenient for tenants. Because of the ideal location within the Creative Corridor, tenants see lots of traffic - both pedestrian and vehicular - on a daily basis.

Highly decorated, the ground floor of 305 Canal Street features several medallions and ornaments on the cast iron facade. Above, light stone tiles contrast the dark color of the base of the building.

Internet Providers for 305 Canal St

Provider Technology Max Download Speed Max Upload Speed
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: SoHo

Most listings are in the $80's per square foot per year. The SoHo region is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 4% decrease in rent.

Compared to the rest of the New York City market, the SoHo submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Median Rate Median Size
SoHo $86
/sqft/yr
5,960
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,300
sqft

Median Rate over Time in SoHo