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Turn-Key QSR Retail Space
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116 John St, New York, NY 10038

Turn-key, fully built-out QSR retail space located on a prime corner in FiDi.

Property Size2,000 SF
Days on Market6

Property Features for 116 John St

General Information

Standard status Active
Size 2,000 SF
Property subtype RETAIL
Lease Type SF/mo

Additional Details

Space Use QSR
Listing Agency: Meridian Capital Group
Listed By: Kevin Bisconti
Source: Moodyscre
Added: Jul 27 Changed: Jul 30 Last Checked: Jul 31 at 10:42AM

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 Meridian Capital Group

Investment Insights

Based on property information with market context.

This turn-key, fully built-out QSR retail space is ready for immediate operation. The space is configured as a built-out restaurant/quick-serve concept and totals 2,000 SF.

Situated at 116 John St in FiDi, the property benefits from a prime corner setting within a high-density office and residential pocket.

The layout is designed for a QSR use, making it well suited for an operator looking for a ready-to-occupy restaurant/quick-serve buildout in a central financial district location.

Key Highlights

  • 2,000 SF fully built‑out QSR retail space
  • Prime corner location in FiDi
  • Ready‑for‑occupancy turn‑key QSR buildout

Property Analytics

Current Use

116 John Street ... Hotel & Motel David J Gold ... Law Firm Arista Investors Corporation Insurance Agency Arista Insurance Co Insurance Agency Dorothy Morrow, CASAC Medical Clinic

Suggested Use

Top Pick Pet Grooming Service Nursing Home Clothing & Fashion Store Buffet Adult Day Care Locksmith

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
$8.73 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

33,222
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Hotels & Casinos 34%
Playa Bowls Dining
5,312 visits/mo 0.1 miles
33 Seaport Hotel New York Hotels & Casinos
2,769 visits/mo 0.2 miles

Demographics for 10038, NY

25,332
Population
12,624
Households
2
Avg Household Size
33
Median Age
62%
College-Educated
83%
High-School Grad
0.3 sq mi
ZIP Area
84,440
Density / Sq Mi
$115,121
Median Household Income
$87,698
Median Earnings
$3,140
Median Rent
$865,700
Median Home Value

Market

Lease Benchmarks for New York, NY

$89.62 /SF/Yr
Avg Asking Price
$12–$250 /SF/Yr
Price Range
2,906 SF
Avg Space Size

This space is priced 35% below the average of $89.62 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Turn-key, fully built-out QSR retail space located on a prime corner in FiDi.
Where is this retail space located?
The property is located at 116 John St New York, NY.
What is the lease rate?
The lease rate is $9,700 /Mo.
What are key features of this property?
This property features: 2,000 SF fully built‑out QSR retail space; Prime corner location in FiDi; Ready‑for‑occupancy turn‑key QSR buildout
(212) 468-5962 Call to check price and availability
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