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    15 Canal Pl The Bronx, NY 10451

    For Lease
    $76 SF/Yr

    Turnkey cafe, Mott Haven, 550 sq ft.

    Lot size:
    550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This 550-square-foot retail space, located at 15 Canal Place in the Mott Haven submarket of the South Bronx, New York (zip code 10451), presents a fantastic opportunity for a cafe or similar retail business. Previously used as a cafe, this single-tenant space is fully equipped with essential commercial kitchen appliances, including a refrigerator, freezer, coffee machine, espresso machine, a food and beverage prep station, and a display cooler. The presence of 3-phase power ensures reliable operation of all equipment. The space boasts attractive glass frontage, maximizing natural light and visibility to passersby. Its convenient location near the subway provides easy access to Manhattan and benefits from the growing foot traffic and development in the surrounding South Bronx area. This turnkey solution is ideal for entrepreneurs seeking a ready-to-operate cafe in a vibrant and developing neighborhood. The property is classified as Retail/Restaurant and is situated in a prime location within the South Bronx.

    Property Features for 15 Canal Pl

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    550 SF

    Unit(s) available at that property

    Space
    Size
    550 SF
    Rate per SF
    $76

    HighLights

    • Mott Haven, South Bronx cafe space ideal for established or new businesses, near subway with easy Manhattan access and growing foot traffic.
    • Fully equipped cafe space including refrigerator, freezer, coffee machine, espresso machine, prep station, and display cooler; 3‑phase power.
    • Turnkey storefront with attractive glass frontage and ample natural light.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ambition Studios Barber Shop The Luxe Beaute Spa BiteSizeGreens Fresh Food Market Tokyo Bronx Go Magazine Store The Keylin Spa Church Of Jesus Christ Of Latter-Day Saints

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    The Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.928037
    Latitude
    40.8130425

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    FAQs

    What type of property is this?
    Restaurant - Turnkey cafe, Mott Haven, 550 sq ft.
    Where is this restaurant located?
    The property is located at 15 Canal Pl The Bronx, NY.
    What is the lease rate?
    The lease rate is $76 SF/Yr.
    What are key features of this property?
    This property features: Mott Haven, South Bronx cafe space ideal for established or new businesses, near subway with easy Manhattan access and growing foot traffic.; Fully equipped cafe space including refrigerator, freezer, coffee machine, espresso machine, prep station, and display cooler; 3-phase power.; Turnkey storefront with attractive glass frontage and ample natural light.
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    15 Canal Pl The Bronx, NY 10451
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    The Bronx, NY 10451
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 Canal Pl The Bronx, NY 10451
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