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Retail Space with Storage Basement

1616 Amsterdam Avenue, New York City, NY 10031

For Lease
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Restaurant operations are supported by venting, and a full basement provides storage.

Space Size1,110 SF
Days on Market54

Property Features for 1616 Amsterdam Avenue

General Information

Standard status Active
Size 1,110 SF
Net Rentable 1,110 SF
Property subtype Retail

Space & Availability

Available Space 1,110 SF
Contiguous Space 1,110 SF
Space Use Retail

Additional Details

Corner Location Yes

Spaces For Lease

at 1616 Amsterdam Avenue
#1 Active
Size 1,110 SF
Contact us
Listing Agency: Walker, Malloy & Company, Inc.
Listed By: Stu Morden · License #NY
Source: Crexi
Added: Sep 17 Changed: Nov 8 Last Checked: Nov 8 at 5:17PM

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 Walker, Malloy & Company, Inc.

Rey
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Investment Insights

Based on property information with market context.

This approximately 1,110-square-foot retail space includes a full basement for storage. Venting supports restaurant use; coffee bar use is not permitted.

The space occupies the southwest corner of Amsterdam Avenue and 140th Street, directly across from City College. It is in a Harlem Heights area described as serving student and residential populations.

Key Highlights

  • Approximately 1,110 square feet of retail space
  • Full basement for storage
  • Ventable for restaurant use

Property Analytics

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

Current Use

THE WASH NYC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Acupuncture Skin Care Clinic Auto Parts Store

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

5,452
Businesses Nearby

Demographics for 10031, NY

56,363
Population
24,110
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
79%
High-School Grad
0.7 sq mi
ZIP Area
80,519
Density / Sq Mi
$65,067
Median Household Income
$41,149
Median Earnings
$1,787
Median Rent
$678,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New York City, NY

$47.27 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
4,111 SF
Avg Space Size

Properties on Market for Retail space in New York City

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

Frequently Asked Questions

What type of property is this?
Retail space - Restaurant operations are supported by venting, and a full basement provides storage.
Where is this retail space located?
The property is located at 1616 Amsterdam Avenue New York City, NY.
What are key features of this property?
This property features: Approximately 1,110 square feet of retail space; Full basement for storage; Ventable for restaurant use
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