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Canal Street Development Opportunity
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391 Canal St, New York, NY

Development opportunity in a desirable Manhattan location with air rights.

Property SizeContact for details
Lot Size0.04 Acres
Days on Market824

Property Features for 391 Canal St

General Information

Standard status Active
Lot size 0.04 Acres
Property subtype RETAIL
Listing Agency: City Connections Realty, Inc.
Listed By: Brock Emmetsberger
Source: Moodyscre
Added: May 9, 2024 Changed: Jul 6 Last Checked: Aug 9 at 1:51PM

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 City Connections Realty, Inc.

Investment Insights

Based on property information with market context.

This property at 391 Canal Street presents a development opportunity. The lot measures 21.5 x 77.33 feet and is located in Manhattan, offering access to major subway lines. The property includes air rights, potentially allowing for various development options. It is situated minutes from shopping in SoHo and restaurants in TriBeCa.

Key Highlights

  • Rare development opportunity with air rights (M1‑5/RX10X zoning).
  • Prime location in Manhattan.
  • Lot size: 21.5 x 77.33.

Property Analytics

Current Use

Argo Electronic Electronics & Wireless Store Nivie Electronics Discount Store

Suggested Use

Top Pick Nursing Home Pet Grooming Service Buffet Adult Day Care Clothing & Fashion Store Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

934
Businesses Nearby
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development opportunity in a desirable Manhattan location with air rights.
Where is this commercial land located?
The property is located at 391 Canal St New York, NY.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Rare development opportunity with air rights (M1‑5/RX10X zoning).; Prime location in Manhattan.; Lot size: 21.5 x 77.33.
(917) 915-4374 Call to check price and availability
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