For Lease
$32,836/SF/YR

159 Canal StNew York, NY 10013

Established Hotpot Restaurant, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
97
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.

Highlights

  • $380,000 Key Money, $32,836.44 Monthly Rent.
  • Turnkey Chinatown Hot Pot Restaurant, seating 80.
  • Fully vented, gas-powered kitchen.
  • High-traffic, busy commercial location.
  • Established business (Da Long Yi Hot Pot).
  • Attractive, well-lit interior with authentic décor.

Unit(s) available at that property

Space
Size
4,000 SF
Rate per SF
$32,836

Location Insight

City
New York
County
New York
State
New York
Latitude
40.7166496
Longitude
-73.9968227
159 Canal St, New York, New York

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159 Canal St
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