Flexible Retail Spaces For Rent in Chinatown, New York

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Rent a Retail Space in Chinatown, New York

New York’s Chinatown is a one-of-a-kind location, combining the bustle of a modern metropolis with a culture dating back centuries. The area is home to several thriving retail sections, including plenty of places to buy small gifts, art, and high-end beauty products.

Why rent a temporary retail space in Chinatown, NYC ?

A Transitory commercial space can open for a single day or several weeks, even months. A flexible space rental does not commit you with a permanent lease and allows you to launch new products, offer a unique consumer experience or validate the potential of a New York neighborhood while benefiting from great freedom.

The neighborhood of Chinatown, NYC is the perfect place to organize your art gallery. It is one of the busiest districts of New York with a steady foot traffic, a clientele of upscale patrons, and surroundings full of trendy galleries and trendy shops.

The district of Chinatown, NYC, which draws a crowd eager for discovering new products, is full of distinctive gallery-ready venues available for rent from a few days to a couple of months: industrial workshops, old warehouses, apartments etc. Track lighting? White walls? Wood panelled? Whether you are looking for classic, characterful or classic spaces, you are guaranteed to find on Storefront the most ideal flexible venue for the event you are organizing.

Most retail stores in Chinatown, NY, are found along Canal Street, including Tonymoly, home to exotic hand and skin creams, and New Kam Man, a famous shop known for kitchenware, décor, and unique Chinese face masks.

Other popular retail spots are found along the streets of Mott and Grand. Although the stores are often small and unassuming, you’ll find an abundance of high-quality products along with knowledgeable sales teams. Note that when shopping on Mott, you can typically bargain on prices. 

If you’re looking for a more authentic experience, head over to East Broadway Street, where most of the retail locations cater towards native Chinese. Also check out Mulberry Street, which is home to many asian markets. 

What Are the Most Sought-After Locations for Renting Retail Space in Chinatown, NY

Many companies covet a retail space in the Chinatown district of New York as this location is one of the busiest neighborhoods. 

Chinatown is in Lower Manhattan, covering about two miles from Essex Street to Broadway. The center of Chinatown is at Bowery and Canal Street and is a prime piece of retail real estate. Most retail places in this district are more affordable than Manhattan prices, without being too far away.

Shops that set up here experience high traffic, upscale clientele, and being on the brink of growing trends. People in Chinatown are more likely to walk, take a taxi, jog, bike, or use public transit to get around rather than drive, giving you more opportunities to show off your retail location.

One hot area in Chinatown for retail space is Chatham Square, which is the intersection of eight different streets, including Mott and the Bowery, two major sources of traffic. Mott is one of the busiest streets in the area.

Another prime retail location is along the Canal Street strip, where there’s plenty of foot traffic and places to set up a quick shop. If you want to keep your wares outdoors, set up a booth at the market under the Manhattan Bridge or in one of the two parks - Columbus or Thomas Paine.

How Much Does It Cost to Rent a Shop in Chinatown, NY?

Chinatown retail spaces are more affordable, making them highly desirable. Many Chinatown locations allow for pop-up shops, daily, weekly, or monthly rental agreements, or full-time permanent shops. 

Daily rentals for art shows, showcases, or pop up shots can range from a very affordable $240 (200 sq ft) up to $6,000 (5,500 sq ft).

The average retail lease rent for a Chinatown commercial property is around $55 per square foot per week or month. The New York city average is about $72 per square foot.

When leasing a retail location in Chinatown, ask about any restrictions or requirements. You may have to carry insurance or hold certain hours.

If you’re looking for the cheapest options, your best bet is usually renting a kiosk or stand on Mott or Grand. Prices vary but you can find rentals in the mid-hundreds.

Pop-up storefronts, especially along Grand and Mott, present other affordable options. You can find options starting at $540 a day. However, keep in mind these cheaper rents are a bit atypical for the area, so you’ll need to move fast if you find something you like.

Although not as large as the other shopping districts, you can find smaller mom-and-pop businesses along Doyers Street. It’s a 200 yard street with a 90-degree bend nicknamed The Bloody Angle, referring to its 19th-century criminal history (the area is perfectly safe now).