Medical Office Suite with Exam
For Lease
$6,500/Mo
198 Canal Street New York, Manhattan, NY 10013
Commercial Lease, New York (Manhattan), NY
Space Size1,847 SF
Days on Market1041
Property Features for 198 Canal Street New York
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
C6-IG
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1
Directions
Canal between Mott and Mulberry
Standard status
Active
APN
0200-1007
Building Details
Number of units
2
Listing Agency:
EXP Realty
Listed By:
Emily P. Koo · License #10301218036
(888) 276-0630
Added: Oct 28, 2023
Changed: Sep 1
Last Checked: Sep 2 at 9:06PM
MLS# L3513388
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,847 gross square foot commercial condominium is arranged for medical or professional occupancy, with a defined reception area, five exam rooms, storage for supplies and equipment, and a private bathroom. The existing configuration provides a practical starting point for a practice or similar office operation. The property carries C6-IG zoning.
The suite occupies the south side of Canal Street in Chinatown, between Mott and Mulberry Streets. It is positioned two blocks from the Canal Street and Centre Street subway station, with access to the J, Z, N, Q, R, and 6 lines. The surrounding setting includes restaurants, coffee shops, and retail, with Chinatown, SoHo, TriBeCa, and the Lower East Side nearby.
The suite occupies the south side of Canal Street in Chinatown, between Mott and Mulberry Streets. It is positioned two blocks from the Canal Street and Centre Street subway station, with access to the J, Z, N, Q, R, and 6 lines. The surrounding setting includes restaurants, coffee shops, and retail, with Chinatown, SoHo, TriBeCa, and the Lower East Side nearby.
Key Highlights
- 1,847 gross square feet in a commercial condominium
- Five exam rooms with a dedicated reception area
- Private bathroom and storage for medical supplies and equipment
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.33 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
36,609
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10013, NY
31,042
Population
15,933
Households
1.9
Avg Household Size
36
Median Age
72%
College-Educated
89%
High-School Grad
0.5 sq mi
ZIP Area
62,084
Density / Sq Mi
$159,474
Median Household Income
$92,765
Median Earnings
$2,378
Median Rent
$2,000,001
Median Home Value
Market
Lease Benchmarks for Manhattan, NY
$52.67 /SF/Yr
Avg Asking Price
$21.86–$85.01 /SF/Yr
Price Range
5,596 SF
Avg Space Size
This space is priced 20% below the average of $52.67 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured for medical or professional practice with reception, storage, and a private bathroom.
Where is this medical office space located?
The property is located at 198 Canal Street New York Manhattan, NY.
What is the lease rate?
The lease rate is $6,500/Mo.
What are key features of this property?
This property features: 1,847 gross square feet in a commercial condominium; Five exam rooms with a dedicated reception area; Private bathroom and storage for medical supplies and equipment
