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Restaurant Banquet Hall with Storefront

101 West 116th Street, New York City, NY 10026

For Lease
Contact for pricing

The separately demised space is positioned in front of the 116th Street subway station.

Space SizeContact for details
Days on Market27

Property Features for 101 West 116th Street

General Information

Standard status Active
Property subtype Retail

Additional Details

Space Use Banquet Hall
Corner Location Yes

Spaces For Lease

at 101 West 116th Street
Ground Floor Active
Contact us
Listing Agency: Newmark - New York Headquarters
Listed By: Aric Trakhtenberg · License #NY
Source: Crexi
Added: Oct 14 Changed: Nov 8 Last Checked: Nov 8 at 5:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - New York Headquarters

Rey
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Investment Insights

Based on property information with market context.

A banquet hall within Amy Ruth’s restaurant is available for lease as a distinct space, with its own storefront and separation from the main restaurant. The listing indicates that a range of uses may be considered.

The property is at the northwest corner of Lenox Avenue, directly in front of the 116th Street subway station. The station is served by the 2 and 3 trains and records annual ridership of 3,729,434.

Key Highlights

  • Banquet hall space is separately demised from Amy Ruth’s main restaurant
  • Dedicated storefront for the space
  • In front of the 116th Street station, served by the 2 and 3 trains; annual ridership is 3,729,434

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

LartigueEstates Real Estate Agency Harlem Prep Elementary ... High School US Census Bureau Government Office Standing Tall Inc Special Education Facility アクセス トゥ マネー Atm

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Accounting Firm Building Supply Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,927
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10026, NY

35,644
Population
17,648
Households
2
Avg Household Size
37
Median Age
54%
College-Educated
90%
High-School Grad
0.4 sq mi
ZIP Area
89,110
Density / Sq Mi
$74,140
Median Household Income
$56,919
Median Earnings
$1,546
Median Rent
$1,014,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Conventional restaurants in New York County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Flamingo — Frederick Douglass Blvd, New York, NY 10027

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The separately demised space is positioned in front of the 116th Street subway station.
Where is this conventional restaurant located?
The property is located at 101 West 116th Street New York City, NY.
What are key features of this property?
This property features: Banquet hall space is separately demised from Amy Ruth’s main restaurant; Dedicated storefront for the space; In front of the 116th Street station, served by the 2 and 3 trains; annual ridership is 3,729,434
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