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    505 E 116Th St New York, NY 10029

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    For Lease
    Contact for pricing

    Retail space available in East River Plaza, New York.

    Property size:
    815 SF
    Lot size:
    0.14 Acres

    Property Features for 505 E 116Th St

    General Information

    Size
    815 SF
    Lot size
    0.14 Acres

    Source: RTL Partners, LLC Agent Lee Block

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East River Plaza Retail Space

    East River Plaza is a shopping destination in the New York City metropolitan market, serving the Harlem and Upper Manhattan communities while attracting customers from every borough of NYC, Northern NJ, and Westchester County. The property provides over 500,000 square feet of shopping space under one roof. On-site parking is available in garage decks adjacent to each shopping level. Taxi and ride-share services are available on the ground parking level. The available retail space is 815 square feet. Vented food is permitted, and flexible divisions are considered.
    Location Intelligence

    Current Use by Public Records

    Leonardo Rivera General Practitioner Noam Spinowitz, MD Nephrologist Harlem Endovascular - American ... Medical Center Joseph N. Shams, ... Vascular Surgeon American Fibroid Centers ... Radiologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Keycafe, Celular, Rentbrella - 340 E 117th St, Hospital New York, East River Plaza

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9324444
    Latitude
    40.7949756

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in East River Plaza, New York.
    Where is this shopping center located?
    The property is located at 505 E 116Th St New York, NY.
    What are key features of this property?
    This property features: - Over 500,000 SF of shopping destination under one roof.; - Serves the Harlem/Upper Manhattan communities and attracts customers from every borough of NYC, Northern NJ, & Westchester county.; - On-site parking with garage decks conveniently adjacent to each shopping level.
    (212) 792-2600
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    505 E 116Th St New York, NY 10029
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