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Renovated Commercial Space Available
For Lease
$3,495/Mo

344 E 116th St 1, New York, NY 10029

Newly renovated commercial space with high foot traffic and excellent visibility.

Space SizeContact for details
Property Size850 SF
Days on Market267

Property Features for 344 E 116th St 1

General Information

Standard status Active
Size 850 SF
Property subtype Commercial
Lease Term Flexible

Building Details

Building Size 850 SF
Year Built 1910
Stories 1
Listing Agency: Coldwell Banker American Homes
Listed By: Randolph A. Saa
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 15 Last Checked: Aug 21 at 12:08PM

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 Coldwell Banker American Homes

Investment Insights

Based on property information with market context.

This newly renovated commercial space is available for rent in a prime location characterized by high foot traffic and excellent visibility. The interior features a bright, open layout that can be customized. Modern finishes are present throughout the space. A private backyard space is included, suitable for outdoor seating, storage, or events. The property is located near public transportation, shops, and dining. It is suitable for retail, office, or service-based businesses.

Key Highlights

  • Prime location with high foot traffic and excellent visibility.
  • Newly renovated with modern finishes.
  • Bright, open and customizable layout.

Property Analytics

Current Use

Retail space

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

Location Intelligence

Trade Area within ½ mile

6,138
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

Market

Lease Benchmarks for New York, NY

$65.31 /SF/Yr
Avg Asking Price
$12–$200 /SF/Yr
Price Range
5,708 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Newly renovated commercial space with high foot traffic and excellent visibility.
Where is this retail space located?
The property is located at 344 E 116th St 1 New York, NY.
What is the lease rate?
The lease rate is $3,495/Mo.
What are key features of this property?
This property features: Prime location with high foot traffic and excellent visibility.; Newly renovated with modern finishes.; Bright, open and customizable layout.
More about this property
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