East Harlem Boutique Retail Opportunity – 501 East 116th Street

Address: 501 East 116th Street, New York, NY 10029
Asking Rent: $3,500 per month
Size: 280 SF
Use: Retail / Kiosk / Specialty Concept
Availability: Immediate

Property Overview

501 East 116th Street offers a 280 SF boutique retail opportunity in East Harlem, ideal for small-format concepts seeking an affordable entry into a growing Manhattan retail market.

Compact yet highly functional, the space benefits from steady neighborhood foot traffic, dense residential surroundings, and increasing local retail demand, making it well-suited for niche operators and service-oriented businesses.

Key Features

• 280 SF compact ground-floor retail space
• Street-level frontage with branding visibility
• Efficient layout for small-format operations
• Ideal for low-overhead retail concepts
• Located on a local neighborhood commercial block
• Surrounded by residential buildings and daily-use retail
• Delivered in move-in ready condition

Neighborhood Highlights – East Harlem

Located in East Harlem, an evolving and value-driven retail submarket.

• High-density residential population
• Strong demand for local services and convenience retail
• Growing development and neighborhood investment
• Close to 116th Street commercial corridor
• Access to 6 train and nearby 2, 3 lines
• Increasing interest from small businesses and entrepreneurs

Ideal For

• Coffee, juice bar, or grab-and-go food concept
• Nail salon, barber, or beauty service
• Small boutique or convenience retail
• Pop-up or startup retail brand
• Service-oriented neighborhood business

Summary

501 East 116th Street presents a highly accessible 280 SF retail opportunity in East Harlem—offering low rent, manageable size, and strong neighborhood demand.

This space is ideal for operators seeking a cost-efficient entry into Manhattan retail, with potential to grow alongside a developing local market.