Retail

40–46 West 116th Street, New York, NY 10026

Asking Rent: $120,000 / Month
Building Size: 20,000 SF (approx.)
Property Type: Retail / Commercial Mixed-Use
Location: Central Harlem – West 116th Street Corridor

Property Overview

Prime Harlem retail or community facility space located along one of the neighborhood’s most vibrant commercial corridors — West 116th Street between Lenox and Fifth Avenues. This expansive property offers 20,000 square feet of contiguous space suitable for a variety of large-scale users, including medical, educational, grocery, fitness, or flagship retail tenants.

Surrounded by high-density residential developments and strong neighborhood retail anchors, this property provides exceptional exposure and accessibility in a rapidly growing commercial hub.

Key Features

• Total Size: 20,000 SF (approx.)
• Frontage: Wide retail frontage on 116th Street
• Ceiling Height: 14 ft (approx.)
• Layout: Open floor plan with flexible configuration options
• Condition: Built-out and adaptable for multiple uses
• Zoning: C4-4D (Commercial / Mixed-Use)
• Accessibility: ADA-compliant access points
• Utilities: Gas, electric, and water separately metered

Building & Utilities Information

• Building Type: Commercial / Mixed-Use
• Stories: 2 floors plus basement
• Construction: Masonry and steel structure
• Heating/Cooling: HVAC throughout
• Restrooms: Multiple per floor
• Fire Safety: Sprinkler system installed
• Year Built / Renovated: 1920 / Modernized

Location Highlights

Located in the heart of Central Harlem, this property is steps from Lenox Avenue, Marcus Garvey Park, and the 116th Street subway station (2/3 lines). The corridor features strong foot traffic from both local residents and destination visitors, anchored by popular retail, restaurants, and community services.

Nearby Tenants: Whole Foods Market, Marshalls, Starbucks, CVS, and Harlem Hospital Center.

Transportation:

• Subway: 2, 3 lines at 116th Street (Lenox Ave)
• Bus: M2, M7, M102
• Access: Minutes from Central Park North and Fifth Avenue

Financial Details

Asking Rent: $120,000 / Month
Available Space: 20,000 SF
Lease Type: Triple Net (NNN)
Availability: Immediate

Summary

40–46 West 116th Street represents a rare opportunity to lease a large-format retail or institutional space in one of Manhattan’s most dynamic and revitalized neighborhoods. Its expansive layout, strong street presence, and proximity to major transit make it ideal for national retailers, healthcare operators, or educational organizations seeking a flagship Harlem location.