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511 Canal St

SoHo, New York, NY
Year Constructed
1915

About 511 Canal St

Tenants hoping to rent office space or a great retail opportunity on New York’s bustling Hudson Square will like 511 Canal Street, a corner building with 65’ retail frontage on Canal Street and 65’ on Renwick Street.

511 Canal Street in New York was constructed in 1915 and is available on a lease term of 60 months. The landlord will built to suit for qualifying tenants. The entire 4,000 square feet of the ground floor unit are legal for street retail and the landlord will consider all uses.

Commuters have access to New York’s public transport system at Canal/Varick Streets and Canal Street/6th Avenue, both within a short walk of 511 Canal Street. Access points for West Side Highway are also nearby.

Just one block south a 100 unit rental building is under development, while on Renwick Street another 200 unit rental building is being constructed, adding to the already excellent foot traffic in this area. A brand new hotel just opposite will increase local amenities even further.

The brown brick and pale gray masonry corner building at 511 Canal Street in New York will suit tenants looking to access the bustling Hudson Square and North Tribeca communities.

Companies at 511 Canal St

Ivan Brice Architecture
WDDG Inc

Internet Providers for 511 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

The typical asking rate per listing is in the $80's per square foot per year. The SoHo submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 6% decline in rent.

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

Median Rate Median Size
SoHo $86
/sqft/yr
5,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,330
sqft

Median Rate over Time in SoHo