Medical Office Suite with Exam
For Lease
$6,500/Mo
198 Canal Street Unit 303 New York, Manhattan, NY 10013
Five exam rooms, reception, storage, and a private bathroom support medical or professional practice use.
Space Size1,847 SF
Days on Market1045
Property Features for 198 Canal Street Unit 303 New York
General Information
Standard status
Active
Size
1,847 SF
Net Rentable
1,847 SF
Property subtype
Office
Space & Availability
Available Space
1,847 SF
Contiguous Space
1,847 SF
Space Use
Medical Office
Condition
Turnkey
Additional Details
Public Transit
Yes
Building Details
Building Size
1,847 SF
Listing Agency:
EXP Realty
Listed By:
Emily P. Koo · License #10301218036
(888) 276-0630
Source:
Cbwarburg
Added: Oct 28, 2023
Changed: Sep 3
Last Checked: Sep 5 at 7:38AM
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 EXP Realty
Investment Insights
Based on property information with market context.
This 1,847 gross-square-foot commercial condominium is configured for medical or professional occupancy. The layout includes a reception area, five exam rooms, dedicated storage for supplies and equipment, and a private bathroom, providing a practical setup for an operating practice.
The property occupies the south side of Canal Street between Mott and Mulberry Streets in Manhattan’s Chinatown. It is positioned among restaurants, coffee shops, and retail, with nearby access to Chinatown, SoHo, TriBeCa, and the Lower East Side.
Canal Street and Centre Street subway station is two blocks away, serving the J, Z, N, Q, R, and 6 lines. The combination of medical-oriented improvements, commercial condominium ownership, and transit access supports a range of professional office applications.
The property occupies the south side of Canal Street between Mott and Mulberry Streets in Manhattan’s Chinatown. It is positioned among restaurants, coffee shops, and retail, with nearby access to Chinatown, SoHo, TriBeCa, and the Lower East Side.
Canal Street and Centre Street subway station is two blocks away, serving the J, Z, N, Q, R, and 6 lines. The combination of medical-oriented improvements, commercial condominium ownership, and transit access supports a range of professional office applications.
Key Highlights
- 1,847 gross SF commercial condominium
- Five exam rooms with reception area
- Storage space for medical supplies and equipment
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.33 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
23,343
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
$52.13 /SF/Yr
Avg Asking Price
$21.86–$85.01 /SF/Yr
Price Range
5,320 SF
Avg Space Size
This space is priced 19% below the average of $52.13 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
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- New York Veterinary Practice — 71 Broadway, New York, NY 10006
Frequently Asked Questions
What type of property is this?
Medical Office Space - Five exam rooms, reception, storage, and a private bathroom support medical or professional practice use.
Where is this medical office space located?
The property is located at 198 Canal Street Unit 303 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 SF commercial condominium; Five exam rooms with reception area; Storage space for medical supplies and equipment
