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Built-Out Restaurant Space with Basement
For Lease
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159 Canal Street, New York, NY 10002

Second-floor restaurant premises with existing build-out, supplemental basement storage, and accompanying floor plans.

Space Size4,000 SF
Days on Market13

Property Features for 159 Canal Street

General Information

Standard status Active
Size 4,000 SF
Net Rentable 4,000 SF
Property subtype Retail, Restaurant

Space & Availability

Available Space 4,000 SF
Contiguous Space 4,000 SF
Floor 2
Space Use Restaurant

Spaces For Lease

at 159 Canal Street Contact us

Second Floor

Size
4,000 SF
Availability
Active
Contact us
Listing Agency: Midtown Commercial Real Estate
Listed By: Sung Cho · License #10301203280
Source: Crexi
Added: Sep 12 Changed: Sep 16 Last Checked: Sep 24 at 10:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Midtown Commercial Real Estate

Investment Insights

Based on property information with market context.

The second-floor premises at 159 Canal Street provide 4,000 SF of restaurant space with an existing interior build-out. A storage basement is included as part of the offering, adding support space beyond the primary dining and service area. The space previously operated as a hot pot restaurant, providing an established restaurant-oriented configuration for a new occupant. Floor plans are available with the offering. The property is located in New York, NY 10002.

Key Highlights

  • 4,000 SF second‑floor restaurant space
  • Existing restaurant build‑out in place
  • Storage basement included

Property Analytics

Current Use

Da Long Yi ... Restaurant Unitedhealthcare Crisis Center Cathay Bank Bank

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Clothing & Fashion Store Adult Day Care Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

30,870
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 94% Dining 6%
Citibank Shops & Services
15,431 visits/mo 0.5 miles
Domino's Pizza Dining
1,000 visits/mo 0.4 miles

Demographics for 10002, NY

82,155
Population
39,646
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
71%
High-School Grad
0.8 sq mi
ZIP Area
102,694
Density / Sq Mi
$46,525
Median Household Income
$51,425
Median Earnings
$1,207
Median Rent
$808,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • Best Catering New York — 21 Peck Slip, New York, NY 10038
  • Delta Dallas Symphony Corporation — 11 Fulton St, New York, NY 10038
  • Dude Catering — 195 Broadway #2, New York, NY 10007
  • My Fresh Grocer — 222 Broadway #1857, New York, NY 10038

Frequently Asked Questions

What type of property is this?
Restaurant - Second-floor restaurant premises with existing build-out, supplemental basement storage, and accompanying floor plans.
Where is this restaurant located?
The property is located at 159 Canal Street New York, NY.
What are key features of this property?
This property features: 4,000 SF second‑floor restaurant space; Existing restaurant build‑out in place; Storage basement included
(212) 804-7712 Call to check price and availability
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