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100 E 116th St 1,800 SF of Retail Space Available in New York, NY 10029
HIGHLIGHTS
- Turnkey corner retail that is fully built out as a bar, equipped with a finished basement with storage, a private office, and two restrooms.
- Within walking distance of hotspots such as Museum Mile, Central Park, and Marcus Garvey Park, attracting both locals and visitors to the area.
- Opportunity to expand the lease to include the 2 nd and 3 rd floors, subject to a full buildout and certificate of occupancy.
- Highly visible location, with exposure to more than 26,000 daily vehicles and consistent strong foot traffic.
- Exceptional mass transit availability, with several subway stations and the Harlem-125 th Street Metro just a short walk away.
- Business owners can apply for a 4 a.m. liquor license, empowering a wide range of lucrative nightlife and entertainment concepts.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,800 SF | 5-10 Years | $80.00 /SF/YR $6.67 /SF/MO $144,000 /YR $12,000 /MO | Modified Gross |
Ground
Great corner location on Park Avenue and East 116th Street in gentrified East Harlem. Fully built-out bar. Top floor front and back room around 1,800 SF. Finished basement with storage around 650 SF, and an office about 650 SF. 2 bathrooms. Kitchen exhaust. All electric. No gas. pizza oven. Sound system. 2 DJ booths. Tile floors. Can deliver for immediate occupancy upon signing of the lease. Fixture fee upon request. Option to lease 2nd and 3rd floors, subject to full build-out and certificate of occupancy.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Drinking Establishment
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Security System
- High Ceilings
- Plug & Play
- Basement
- Smoke Detector
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
MATTERPORT 3D TOUR
SELECT TENANTS AT 100 E 116TH ST, NEW YORK, NY 10029
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Act Now To Stop War & End Racism Coalition
- Other Services
- 1
- National
- Adar Cafe & Lounge
- Arcade
- 1
- Local
- Habiby Deli Inc
- Other Services
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Act Now To Stop War & End Racism Coalition | Other Services | 1 | National |
| Adar Cafe & Lounge | Arcade | 1 | Local |
| Habiby Deli Inc | Other Services | 1 | Local |
PROPERTY FACTS
| Total Space Available | 1,800 SF | Gross Leasable Area | 1,800 SF |
| Property Type | Retail | Year Built/Renovated | 1910/2024 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,800 SF |
| Year Built/Renovated | 1910/2024 |
ABOUT THE PROPERTY
100 E 116th Street offers an exceptional leasing opportunity in the heart of East Harlem. This ground-floor retail space, fully built out as a bar, spans 1,800 square feet and is ready for immediate occupancy. Boasting a flexible layout, the suite features an upscale service area with elegant, tiled floors and a complete bar setup. It also includes a finished basement with storage, a private office, and two bathrooms. The unit is equipped with an all-electric kitchen, with no gas capabilities, as well as a pizza oven, providing optionality for limited food service. Entertainment is a key focus, with two DJ booths and a spacious open dance floor. Tenants can apply for a 4 a.m. liquor license, allowing for vibrant nightlife and entertainment concepts. For those looking ahead to future growth, the lease can be expanded to include the building’s second and third floors once they are fully built out and have received a certificate of occupancy, providing flexibility to easily scale a business’s operational footprint. Located at the busy corner of 116th and Park Avenue, this property offers outstanding visibility to over 26,000 passing vehicles daily, along with consistent foot traffic. The location is just a short walk from popular destinations like Museum Mile, Marcus Garvey Park, and Central Park, drawing both locals and visitors to the area. Multiple subway lines (2, 3, 4, 5, and 6) and the Harlem-125th Street Metro Station are also within walking distance, ensuring convenient access to mass transit. A new tenant will benefit from strong demographics when looking within just 1 mile of the property. The area is home to more than 176,000 residents, with an average household income that exceeds $107,000. These affluent locals contribute strong support for retail establishments like 100 E 116th Street, with collective consumer spending of more than $1.6 billion annually. Don’t miss the chance to claim a foothold in East Harlem with the fully built-out retail space available for immediate occupancy at 100 E 116th Street. Contact the Met Business Capital team today to schedule a tour and learn more about this incredible space.
- Corner Lot
- Storage Space
- Smoke Detector
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
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100 E 116th St
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