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Retail Storefront with Natural Light
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168 E 116th St, New York, NY 10029

White-box retail space with built-out rooms, a full bathroom, and strong natural light.

Space Size1,600 SF
Days on Market55

Property Features for 168 E 116th St

General Information

Standard status Active
Size 1,600 SF
Property subtype RETAIL

Amenities

Tons of natural light
Full bathroom in place
Built-out rooms
Heavy foot traffic

Spaces For Lease

at 168 E 116th St Contact us

168 E 116th St $60/SF/Yr

Floor
2
Size
1,600 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- Motivated landlord - White-box condition - Tons of natural light - Full bathroom...
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Listing Agency: Meridian Capital Group
Listed By: Alec Namdar
Source: Moodyscre
Added: Jul 23 Changed: Sep 13 Last Checked: Sep 15 at 11:30AM

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 storefront offers approximately 1,600 square feet in a white-box condition, with built-out rooms already in place for an easy start. The space benefits from tons of natural light and includes a full bathroom.

The unit is presented as a storefront property suited for retail uses, supported by heavy foot traffic as noted in the remarks.

With its mix of open, retail-ready configuration and in-place bathroom, the layout is positioned to support a variety of street-facing concepts that benefit from visible daytime activity and customer flow.

Key Highlights

  • Approximately 1,600 square feet retail storefront space
  • White‑box condition for flexible interior buildout
  • Built‑out rooms already in place

Property Analytics

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Current Use

Cuchifritos Restaurant

Suggested Use

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

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
$9.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,943
Businesses Nearby
Under-served
Demand for This Use

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
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$43.97 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
3,043 SF
Avg Space Size

This space is priced 36% above the average of $43.97 /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
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Frequently Asked Questions

What type of property is this?
Storefront property - White-box retail space with built-out rooms, a full bathroom, and strong natural light.
Where is this storefront property located?
The property is located at 168 E 116th St New York, NY.
What is the lease rate?
The lease rate is $60 SF/Yr.
What are key features of this property?
This property features: Approximately 1,600 square feet retail storefront space; White‑box condition for flexible interior buildout; Built‑out rooms already in place
(212) 468-5915 Call to check price and availability
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