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Retail Space with Open Floorplan
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508 E 117th St, New York, NY

Retail space featuring an open floor plan and high ceilings.

Space Size2,250 SF - 2,500 SF
Lot Size0.06 Acres
Days on Market547

Property Features for 508 E 117th St

General Information

Standard status Active
Size 2,250 SF - 2,500 SF
Lot size 0.06 Acres
Property subtype RETAIL

Spaces For Lease

at 508 E 117th St Contact us

508 E 117th St $4,750/Mo

Floor
2
Size
2,500 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- Open floor plan with no column intrusions - High ceilings and exposed brick wall -...
show more
Contact us

508 E 117th St $4,750/Mo

Floor
3
Size
2,500 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- Open floor plan with no column intrusions - High ceilings and exposed brick wall -...
show more
Contact us

508 E 117th St $5,500/Mo

Size
2,250 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- Welcome to an exceptional commercial space located near East River Plaza in the...
show more
Contact us
Listing Agency: Meridian Capital Group
Listed By: James Famularo
Source: Moodyscre
Added: Mar 14, 2025 Changed: Sep 8 Last Checked: Sep 10 at 11:09AM

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 retail space offers an open floor plan without column intrusions. The property features high ceilings and an exposed brick wall. Natural sunlight is available on both floors. The space is in close proximity to big-box retailers. The property size is 2500 square feet.

Key Highlights

  • Open floor plan with no column intrusions
  • High ceilings
  • Natural sunlight on both floors

Property Analytics

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Open Analytics

Current Use

Lighthouse Fish Market Restaurant Judith Pond Kudlow Artist

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Acupuncture Computer & Electronic Repair Skin Care Clinic

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
$3.96 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,661
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$47.71 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
4,953 SF
Avg Space Size

This space is priced 45% below the average of $47.71 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail space featuring an open floor plan and high ceilings.
Where is this retail space located?
The property is located at 508 E 117th St New York, NY.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: Open floor plan with no column intrusions; High ceilings; Natural sunlight on both floors
(212) 468-5960 Call to check price and availability
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