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240 W 116th St

Central Park, New York, NY
Total Size
29,000 sqft
Lot Size
7,569 sqft
Year Constructed
Year Renovated
Number of Buildings

About 240 W 116th St

Containing a total of well-over 29,000 square feet of rentable office space, this mixed-use building rises 5 stories above the busy street line. The property is located at 240 West 116th Street in the Upper West Side of Manhattan in New York.

Being a pre-war structure, 240 West 116th Street features beautiful details throughout. Each floor has higher than average ceilings and many large windows to contribute to a bright and spacious environment. Even the ground-floor retail units are filled with light.

Separate doorways lead into the commercial spaces of 240 West 116th Street. Enhancing the safety of the structure, there are metal security gates for after-hours protection. An intercom system is installed to screen entry to the upper floors of the building.

Much like this property, the surrounding buildings feature a mixture of retail and residential units. This makes the neighborhood great for living and working, and brings a great amount of traffic through each day. Nearby conveniences include markets, restaurants and popular retailers.

The dark-colored brick facade of 240 West 116th Street is in impeccable condition.At first glance, there is little detail on the exterior; however, upon further inspection, there are subtle carvings between the floors.

Internet Providers for 240 W 116th St

Provider Technology Max Download Speed Max Upload Speed
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s
Verizon New York DSL
10 Mb/s
1.5 Mb/s

The Market: New York City

On average, listings lease in the $60's per square foot per year. The New York City submarket is seeing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 6% decline in rent.

Median Rate Median Size

Median Rate over Time in New York City