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Retail Space with Street Frontage
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For Lease
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162 E 116th St, New York, NY 10029

A 5,000-square-foot storefront occupies a commercial corridor in East Harlem.

Space Size5,000 SF
Days on Market5

Property Features for 162 E 116th St

General Information

Standard status Active
Size 5,000 SF
Net Rentable 5,000 SF
Property subtype RETAIL

Space & Availability

Available Space 5,000 SF
Contiguous Space 5,000 SF
Space Use Retail

Site & Location

Neighborhood Harlem

Spaces For Lease

at 162 E 116th St
162 E 116th St AVAILABLE, On Available Date
Floor 1
Size 5,000 SF
Type RETAIL
Rate Contact for pricing
Sublease No
-Prime retail opportunity located at 162 E 116th St in Manhattan. This expansive 5,000-square-foot space offers exceptional visibility, featuring an impressive 50 feet of frontage along a high-traffic corridor. The property is ideally positioned to benefit from the vibrant commercial activity and steady foot traffic characteristic of this prominent East Harlem location.
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Listing Agency: Augenbaum Realty Corp.
Listed By: Josh Augenbaum · License #31AU
Source: Moodyscre
Added: Oct 22 Changed: Oct 25 Last Checked: Oct 24 at 3:01PM

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 Augenbaum Realty Corp.

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Investment Insights

Based on property information with market context.

This retail space at 162 E 116th St provides 5,000 square feet for a commercial use. Its 50 feet of frontage faces a corridor with commercial activity and pedestrian traffic.

The property is in East Harlem, Manhattan, at 162 E 116th St, New York, NY 10029.

Key Highlights

  • 5,000‑square‑foot retail space
  • 50 feet of frontage on E 116th St
  • Located in East Harlem, Manhattan

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Accounting Firm Computer & Electronic Repair Kitchen & Bath Showroom

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

7,943
Businesses Nearby

Demographics for 10029, NY

78,141
Population
36,955
Households
2.1
Avg Household Size
36
Median Age
36%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
65,118
Density / Sq Mi
$38,308
Median Household Income
$41,951
Median Earnings
$1,183
Median Rent
$818,100
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, NY

$47.59 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
5,072 SF
Avg Space Size

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 - A 5,000-square-foot storefront occupies a commercial corridor in East Harlem.
Where is this retail space located?
The property is located at 162 E 116th St New York, NY.
What are key features of this property?
This property features: 5,000‑square‑foot retail space; 50 feet of frontage on E 116th St; Located in East Harlem, Manhattan
(917) 417-7834 Call to check price and availability
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