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Stand-Alone Restaurant Building
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509 E 117th St, New York, NY 10035

Fully built stand-alone restaurant space with utilities and infrastructure in place at East River Plaza.

Property Size2,347 SF
Days on Market676

Property Features for 509 E 117th St

General Information

Standard status Active
Size 2,347 SF
Property subtype RETAIL

Additional Details

Utilities to Site Yes

Amenities

parking garage
taxi and ride share service
Listing Agency: RTL Partners, LLC
Listed By: Lee Block
Source: Moodyscre
Added: Sep 23, 2024 Changed: Jul 26 Last Checked: Jul 30 at 11:59AM

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 RTL Partners, LLC

Investment Insights

Based on property information with market context.

Fully built, stand-alone restaurant building located at East River Plaza, listed at 509 E 117th St. The building is former Applebee’s and includes all infrastructure and utilities in place.

East River Plaza serves Harlem/Upper Manhattan and draws customers across the broader New York City region. On-site parking is available with garage decks conveniently adjacent to each shopping level, and on-site taxi and ride share service is offered on the ground parking level.

This is a turnkey restaurant building configuration, designed to support immediate occupancy with the core systems already established.

Key Highlights

  • Fully built, stand‑alone restaurant building at East River Plaza (formerly Applebee’s)
  • All infrastructure and utilities are in place
  • East River Plaza offers over 500,000 SF of shopping destination under one roof

Property Analytics

Current Use

Shopping centers

Suggested Use

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

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,661
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10035, NY

35,980
Population
16,340
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
25,700
Density / Sq Mi
$40,556
Median Household Income
$44,042
Median Earnings
$1,283
Median Rent
$663,500
Median Home Value

Market

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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Similar Off Market Nearby

  • Celular — 3 E 116th St, New York, NY 10029
  • Party shines — 157 E 116th St, New York, NY 10029
  • Watermania — 1460 5th Ave, New York, NY 10035
  • Rentbrella - 340 E 117th St — 340 E 117th St, New York, NY 10035
  • East River Plaza — 517 E 117th St, New York, NY 10035

Frequently Asked Questions

What type of property is this?
Shopping center - Fully built stand-alone restaurant space with utilities and infrastructure in place at East River Plaza.
Where is this shopping center located?
The property is located at 509 E 117th St New York, NY.
What are key features of this property?
This property features: Fully built, stand‑alone restaurant building at East River Plaza (formerly Applebee’s); All infrastructure and utilities are in place; East River Plaza offers over 500,000 SF of shopping destination under one roof
(212) 792-2649 Call to check price and availability
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