304 West 115th Street, New York, NY 10026 – Central Harlem
Asking Rent: $15,000/month
Space: 1,750 sq ft
Property Type: Retail (Ground Floor)
Rent per Sq Ft: $8.57/month ($102.86/sq ft annualized)
Property Overview
This 1,750-square-foot retail space at 304 West 115th Street presents a sizable and prominent community-facing opportunity on a key Harlem corridor. With an asking rent of $15,000 per month, it is positioned for a substantial neighborhood-serving business such as a full-service restaurant, boutique grocery/cafe, fitness studio, or multi-service salon/spa. The significant square footage allows for a business that can become a local anchor, offering a destination experience that draws from the surrounding residential blocks and benefits from proximity to major institutions.
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Space Highlights
- Substantial ground-floor retail space of 1,750 sq ft with direct street frontage on West 115th Street.
- Ample square footage suitable for a restaurant with full kitchen and dining area, specialty food market with seating, boutique gym (yoga, pilates, cross-training), or a combined retail/service concept.
- High visibility on a major cross-street connecting Frederick Douglass Blvd and Malcolm X Blvd.
- Will require a comprehensive build-out including likely kitchen ventilation, restroom facilities, and specialized interior design to support the intended use.
- The size offers flexibility for a hybrid model, such as a cafe combined with a small grocery, or a fitness studio with a wellness retail section.
Location & Neighborhood
- Prime Central Harlem location on West 115th Street between Frederick Douglass Blvd (8th Ave) and Malcolm X Blvd (Lenox Ave).
- Situated in a vibrant, historic residential neighborhood with a strong and growing commercial presence.
- In close proximity to major institutions including Columbia University’s Manhattanville campus and City College, providing a steady stream of students, faculty, and staff.
- Serves a dense local residential community with high pedestrian activity.
- Strong daily foot traffic from residents, students, and commuters.
- Excellent transit access via the B, C trains at 116th St and multiple north-south bus lines on the bordering avenues.
- Walkable to Morningside Park, St. Nicholas Park, and the commercial hubs of 125th Street and Frederick Douglass Blvd.
Summary
Priced at $15,000/month ($8.57/sq ft/month), this 1,750 sq ft retail space at 304 West 115th Street offers a strong value for its size in a high-potential Harlem location. The annualized rent of $102.86 per square foot is reasonable for a space of this scale and utility. This opportunity is ideal for an established operator or well-conceived new venture looking to establish a significant presence in Central Harlem. Success requires a concept that serves the everyday needs and lifestyle aspirations of the local community while also attracting the adjacent academic population. It’s a chance to build a beloved neighborhood institution with room to host events, build a loyal customer base, and benefit from the area’s ongoing growth and vitality.
