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.
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.