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    255 Canal St New York, NY 10013

    For Lease
    $15,000 /Mo ($225 SF/Yr)

    800 SF retail space near Canal Street subway station.

    Property size:
    800 SF
    Lot size:
    0.04 Acres

    Property Features for 255 Canal St

    General Information

    Size
    800 SF
    Lot size
    0.04 Acres

    Source: Nolita Group Agent Joey Galvis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Traffic Corner Retail Space

    This is an approximately 800 square foot retail space located near the corner of Canal Street and Lafayette Street. The property benefits from extremely high foot traffic due to its location at the corner of Soho, Tribeca, Chinatown, and Little Italy. It is situated directly in front of the Canal Street subway station, which services the 6, 4, N, Q, R, W, J, and Z trains. Neighboring businesses and attractions include Canal Street Market, Popular Jewelry, Banksy Museum, 11 Howard Hotel, and 260 Sample Sale.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Oratory Laboratory Marketing Consultant Earshot Art Gallery Champion Parking, 411 ... Parking Garage Popular Jewelry Jewelry Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.000564
    Latitude
    40.71877

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    FAQs

    What type of property is this?
    Retail space - 800 SF retail space near Canal Street subway station.
    Where is this retail space located?
    The property is located at 255 Canal St New York, NY.
    What is the lease rate?
    The lease rate is $225 SF/Yr.
    What are key features of this property?
    This property features: - Extremely high foot traffic location at the corner of Soho, Tribeca, Chinatown, and Little Italy.; - Directly in front of the Canal Street Subway Station (6, 4, N, Q, R, W, J, Z Trains).; - Located near the corner of Canal Street & Lafayette Street.
    (646) 918-6042
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    255 Canal St New York, NY 10013
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    New York, NY 10013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    255 Canal St New York, NY 10013
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