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21 E 16th St
New York, NY 10003
Chase Manhattan Bank Building · Retail Property For Lease


HIGHLIGHTS
- Currently TsuruTonTan. Formerly home to the original Union Square Café.
- Situated on a high-profile side street just off Union Square.
- Fully built second generation restaurant with kitchen and gas in place.
- Located at the base of an 86-unit luxury rental building.
PROPERTY FACTS
| Total Space Available | 5,140 SF | Apartment Style | Hi-Rise |
| No. Units | 85 | Building Size | 118,067 SF |
| Property Type | Multifamily | Year Built | 1902 |
| Property Subtype | Apartment |
| Total Space Available | 5,140 SF |
| No. Units | 85 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Size | 118,067 SF |
| Year Built | 1902 |
ABOUT THE PROPERTY
Positioned just off Union Square on a high-profile side street, 21 East 16th Street offers a rare opportunity to lease a fully built second-generation restaurant space in one of Manhattan’s most dynamic retail corridors. Formerly home to the original Union Square Café and currently occupied by TsuruTonTan, this space is located at the base of an 86-unit luxury rental building, ensuring a steady stream of foot traffic and built-in clientele. The ground floor features a spacious 3,540 SF layout with ceiling heights ranging from 7 to 16 feet, complemented by a 300 SF mezzanine and a 1,000 SF lower level. The interior includes a main dining room, bar, kitchen, and back dining area, all designed for efficient restaurant operations. With gas and kitchen infrastructure already in place, the space is ideal for restaurateurs seeking a turnkey solution in a proven location. Surrounded by top-tier retail and dining destinations such as Whole Foods Market, Barnes & Noble, Rosa Mexicano, and Breads Bakery, the property benefits from strong co-tenancy and proximity to major transit lines at 14th Street–Union Square. This location offers unmatched visibility and access to a vibrant mix of residents, professionals, and visitors.
