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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 for rent in prime location.

Space SizeContact for details
Property Size850 SF
Days on Market187

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 · License #30SA0994360
Source: Elliman
Added: Mar 11 Changed: Sep 12 Last Checked: Sep 12 at 7:51AM

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 provides an area suitable for outdoor seating, storage, or events. The property's location offers convenient access to public transportation, shops, and dining options. This space 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, customizable layout.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Acupuncture Skin Care Clinic Computer & Electronic Repair

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New York, NY

$47.71 /SF/Yr
Avg Asking Price
$12–$90 /SF/Yr
Price Range
4,953 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
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Frequently Asked Questions

What type of property is this?
Retail space - Newly renovated commercial space for rent in prime location.
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, customizable layout.
More about this property
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