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159 Canal St New York, NY 10013

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For Lease
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Established Hotpot Restaurant, High Traffic Area

Lot size:
4,000 SF

Property Features for 159 Canal St

General Information

Property type
Retail properties & Spaces
Lease Type
Gross Lease
RSF (Rentable sq. ft)
4,000 SF
Total Rate
32836

Spaces For Lease

at 159 Canal St, New York, NY 10013 Contact us
Unit

$32,836 /Mo

Size
4,000 SF
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Listing Contact
Jiangwei Zhou

Listing Agency: EXP Realty, LLC Listing Agent: Jiangwei Zhou

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional turnkey hotpot restaurant opportunity is located at 159 Canal Street, 2nd Floor, in the vibrant Chinatown neighborhood of New York City (zip code 10013). Currently operating as Da Long Yi Hot Pot, this well-established business boasts a seating capacity of up to 80 guests, making it ideal for a thriving clientele. The asking rent is $32,836.44 per month. The property is a single-tenancy retail space, perfectly suited for a restaurant operation. The space is fully equipped with gas and a fully vented kitchen, ensuring efficient and safe operation. The restaurant benefits from a prime location in a busy commercial area with high foot traffic, guaranteeing significant visibility and customer flow. The interior is stylish and cozy, featuring authentic décor that creates a welcoming atmosphere for diners. The key money for this established business is $380,000. This turnkey operation presents a unique opportunity for an experienced restaurateur to step into a profitable and well-regarded establishment in a highly desirable location. The well-lit space offers a comfortable and inviting ambiance for patrons. This is a rare chance to acquire a successful, established business in the heart of New York City's Chinatown.
Property Profile Location Intelligence

Current Use by Public Records

Da Long Yi ... Restaurant Unitedhealthcare Crisis Center Cathay Bank Bank

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

Location Insight

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  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9968227
Latitude
40.7166496

FAQs

What type of property is this?
Retail property - Established Hotpot Restaurant, High Traffic Area
Where is this retail property located?
The property is located at 159 Canal St New York, NY.
What is the lease rate?
The lease rate is $32,836.
What are key features of this property?
This property features: $380,000 Key Money, $32,836.44 Monthly Rent.; Turnkey Chinatown Hot Pot Restaurant, seating 80.; Fully vented, gas-powered kitchen.
(646) 812-2151 Call to check price and availability
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