Retail

For Lease – 508 Canal Street, New York, NY 10013

Asking Rent: $30,000 / Month
Unit Size: 1,237 SF
Property Type: Retail – Ground Floor / Boutique Space
Lease Type: Direct Lease
Location: SoHo / Hudson Square, Manhattan

Property Overview

Positioned on Canal Street at the gateway to SoHo and Hudson Square, 508 Canal Street offers 1,237 SF of prime retail space with excellent visibility and steady pedestrian and vehicular traffic. The property features a sleek storefront with wide glass frontage, providing strong branding potential for boutique retail, food & beverage, lifestyle, or gallery concepts.

This section of Canal Street connects Tribeca, SoHo, and Hudson Square, creating a dynamic environment that draws locals, professionals, and international visitors alike.

Key Features

• Asking Rent: $30,000 / Month
• Unit Size: 1,237 SF
• Property Type: Retail – Boutique Space
• Location: SoHo / Hudson Square, Manhattan
• Frontage: Prominent glass storefront with branding opportunity
• Transit Access: Near Canal Street station (1, A, C, E trains) and Holland Tunnel access
• Neighborhood Profile: Bordering SoHo luxury retail, Tribeca dining, and Hudson Square creative offices

Market Profile

• Location Advantage: Canal Street serves as a major connector between downtown neighborhoods, ensuring a mix of residential, tourist, and commuter traffic.
• Lifestyle Appeal: The property is surrounded by creative offices, boutique hotels, galleries, and trendy dining, making it attractive for experiential and lifestyle operators.
• Competitive Advantage: At $30,000/month for 1,237 SF, this space offers boutique scale with prime visibility, an attractive entry point into the SoHo/Hudson Square retail market.

Summary

The 1,237 SF retail space at 508 Canal Street, New York, NY 10013, available for $30,000/month, provides a rare opportunity for boutique tenants to secure high-exposure frontage at the crossroads of SoHo, Tribeca, and Hudson Square. Ideal for luxury, lifestyle, or experiential retail, the property combines visibility with prestige in one of Manhattan’s most dynamic downtown markets.