Office

Commercial Lease – 118–122 Baxter Street, New York, NY 10013

Asking Rent: $4,000/month
Lease Type: Commercial – Retail / Office / Creative Studio
Property Type: Ground-Floor Space
Location: Chinatown / Little Italy Corridor (10013)
Availability: Immediate

Property Overview

118–122 Baxter Street offers an ≈800 SF boutique ground-floor commercial space in one of Lower Manhattan’s busiest and most culturally vibrant districts. With a flexible open layout and strong neighborhood foot traffic, this space is well-suited for boutique retail, gallery/showroom, professional office, or wellness/creative studio use.

Located between Canal Street and Hester Street, the property benefits from its position at the crossroads of Chinatown, Little Italy, and Soho, ensuring visibility to both local residents and high-volume tourist traffic.

Key Features

• Total Size: ≈ 800 SF
• Asking Rent: $4,000/month
• Annualized Rent: ≈ $48,000
• Effective Rent per SF: ≈ $60/SF annually
• Configuration: Efficient open plan with adaptable build-out potential
• Exposure: Street-level storefront with Baxter Street frontage
• Potential Uses: Retail boutique, professional office, creative/wellness studio, art gallery

Lease & Terms

• Base Rent: $4,000/month (~$60/SF/YR)
• Term: Negotiable
• Availability: Immediate / by agreement
• Due at Signing: First month + security deposit; standard financials required
• Tenant Responsibilities: Utilities and proportionate share of RE tax

Market Profile

• Location Advantage: Situated in Chinatown/Little Italy, with heavy pedestrian flow and proximity to Soho’s retail corridors.
• Transit Access: Close to Canal Street (6, N/Q/R/W, J/Z) and multiple downtown bus lines.
• Neighborhood Demand: Strong from independent retailers, creative firms, professional services, and food/wellness operators.
• Competitive Advantage: A rare sub-1,000 SF affordable storefront in a Lower Manhattan neighborhood with built-in traffic and tourism draw.

Summary

The ≈800 SF commercial space at 118–122 Baxter Street, New York, NY 10013 is offered at $4,000/month (~$60/SF annually). With its prime downtown location, flexible layout, and affordable rent, this property is an excellent fit for retailers, creative firms, or professional tenants seeking a strong presence in one of Manhattan’s most dynamic cultural districts.