Commercial Retail Lease – 119 Mott Street, New York, NY 10013
Asking Rent: $25,000/Month
Available Space: 2,100 SF
Location: Nolita / Chinatown Border – Manhattan (10013)
Availability: Immediate
Property Overview
119 Mott Street offers 2,100 SF of ground-floor retail space in a prime location at the crossroads of Nolita, Little Italy, and Chinatown. With high foot traffic from both tourists and locals, this property provides strong visibility and access to a diverse and dynamic customer base.
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The flexible floorplate is ideal for restaurants, specialty food operators, boutique retailers, or experiential concepts looking to establish presence in one of Lower Manhattan’s most vibrant cultural corridors.
Key Features
- Size: 2,100 SF
- Asking Rent: $25,000 per month
- Annualized Rent: $300,000
- Effective Rent per SF: ~$143/SF annually
- Configuration: Open floor layout, adaptable for F&B or retail buildout
- Frontage: Prominent street-level exposure with steady foot traffic
Market Profile
- Submarket: Nolita / Chinatown – one of NYC’s most dynamic cultural and retail corridors
- Demand Drivers: Tourism in Little Italy & Chinatown, Nolita boutique retail, and dense local residential population
- Target Tenants: Restaurants, boutique food operators, experiential retail, and specialty service concepts
- Competitive Advantage: Mid-size retail floorplate in a district known for high turnover demand and steady tourist draw
Financial Highlights
- Asking Rent: $25,000/Month
- Size: 2,100 SF
- Annual Rent: $300,000
- Effective Rent per SF: ~$143/SF
- Lease Type: Negotiable; NNN or modified gross standard
- Upside Potential: High visibility, cultural cachet, and consistent demand from both locals and tourists
Location Advantages
- Neighborhood: Nolita / Chinatown / Little Italy – trend-driven and tourism-supported retail corridor
- Proximity: Steps to Mulberry Street dining, Canal Street retail, and Bowery cultural institutions
- Transit: Accessible via Canal Street (J/Z, N/Q/R/W, 6) and Grand Street (B/D) subway lines
- Tenant Demand: High from F&B and boutique retailers capitalizing on heavy pedestrian flows
Summary
The 2,100 SF retail space at 119 Mott Street is offered at $25,000/month (~$143/SF annually). Positioned at the intersection of Chinatown, Nolita, and Little Italy, this property provides a rare opportunity for food & beverage or boutique operators to capture both local and tourist-driven demand in one of Manhattan’s most vibrant cultural corridors.
