Vacant Office
210 Canal Street, Manhattan, NY 10013
For Sale
$599,999
Commercial, Manhattan, NY
Property Size807 SF
Lot Size0.02 Acres
Price / SF$743.49
Days on Market904
Property Features for 210 Canal Street
General Information
Property type
Property subtype
Zoning
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Number of units
Flooring type
Building materials
Listing Agency:
Momentum Real Estate LLC
Listed By:
Priscilla Tran
(718) 382-0001
Added: May 21, 2024
Changed: Oct 20
Last Checked: Nov 10 at 1:06AM
MLS# 482273
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 807-square-foot office unit will be delivered vacant and features an inside-facing orientation within a brick building. Tile and carpet flooring are installed throughout the space, offering a straightforward foundation for office occupancy. C6-1G zoning is identified for the property.
Located at 210 Canal Street in Manhattan, the property is served by multiple subway lines, including the B, D, N, Q, R, W, 4, 6, J, and Z trains. M22 and M103 bus service is also available in the surrounding area.
Located at 210 Canal Street in Manhattan, the property is served by multiple subway lines, including the B, D, N, Q, R, W, 4, 6, J, and Z trains. M22 and M103 bus service is also available in the surrounding area.
Key Highlights
- 807‑square‑foot office unit delivered vacant
- Inside‑facing orientation for a quieter setting
- Brick construction with tile and carpet flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,269
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,380
$505.4K
Cap Rate 7%
$360,986
$361.0K
Cap Rate 9%
$280,767
$280.8K
Market Conditions
NOI Build-Up for 807 SF
Gross rent
$41.5K $51.48/SF
− Vacancy
−$7.9K −$9.73/SF
EGI
$33.7K $41.75/SF
− OpEx
−$8.4K −$10.44/SF
NOI
$25.3K $31.31/SF
Area
New York, NY
Vacancy
18.90%
Lease Rate
$51.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,380
Cap Rate 7%
$360,986
Cap Rate 9%
$280,767
Alternative Uses
Best Use
Office B
$361.0K
$315.9K – $421.2K
NOI $25,269 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$564.2K
$493.7K – $658.2K
NOI $39,493 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
36,609
Businesses Nearby
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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
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Market
Properties on Market for Office Units in Manhattan
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Inside-facing space with mixed tile and carpet flooring supports a quieter office setting.
Where is this office unit located?
The property is located at 210 Canal Street Manhattan, NY.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: 807‑square‑foot office unit delivered vacant; Inside‑facing orientation for a quieter setting; Brick construction with tile and carpet flooring
