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East River Plaza 517 E 116th St 4,323 - 168,208 SF of Retail Space Available in New York, NY 10029
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Lower Level, Ste FDR Level | 37,666 SF | 15’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| Ground, Ste 116th Street Level | 4,323 SF | 18’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 2nd Floor, Ste Sales Floor | 126,219 SF | 18’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
517 E 117th St - Lower Level - Ste FDR Level
Located at FDR Level. Formerly Target stock room. Clean big box space.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 168,208 SF of adjacent space
- Finished Ceilings: 15’
- Tenant signage opportunities
517 E 117th St - Ground - Ste 116th Street Level
Located on 116th Street level. Former Target premises loading area. Space consists of 4 dedicated loading docks and a compactor. 3 dedicated freight elevators which provide access to storage on FDR Level and sales floor on Second Level .
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 168,208 SF of adjacent space
- Finished Ceilings: 18’
- Tenant signage opportunities
517 E 117th St - 2nd Floor - Ste Sales Floor
Former Target sales floor.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 168,208 SF of adjacent space
- Finished Ceilings: 18’
- Tenant signage opportunities
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.
Property Facts
| Total Space Available | 168,208 SF | Gross Leasable Area | 500,000 SF |
| Center Type | Power Center | Total Land Area | 12.00 AC |
| Parking | 2350 Spaces | Year Built | 2009 |
| Center Properties | 2 | Cross Streets | FDR |
| Frontage | 343’ on E 116th St |
| Total Space Available | 168,208 SF |
| Center Type | Power Center |
| Parking | 2350 Spaces |
| Center Properties | 2 |
| Frontage | 343’ on E 116th St |
| Gross Leasable Area | 500,000 SF |
| Total Land Area | 12.00 AC |
| Year Built | 2009 |
| Cross Streets | FDR |
Nearby Major Retailers
Presented by
East River Plaza | 517 E 116th St
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