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49 W 116th St

47 West 116th Street, New York, NY, US
LEED Certification

About 49 W 116th St

Renaissance Plaza, the 240-unit residential building at 49 West 116th Street in New York, offers companies hoping to rent office space with a storefront or retailers searching for a fully built store in Central Harlem a fantastic location.

Situated on a block with 933 residential units, all on west 116th Street between Fifth and Lenox Avenues, the Renaissance Plaza at 49 West 116th Street presents New York's retailers with 22' of frontage in an incredibly busy part of Harlem.

Located steps away from the 116th Street subway station on 125th/Lenox, the immediate surroundings of 49 West 116th Street are always buzzing with commuters. New York's subway lines 2 and 3 are practically on the doorstep of this property.

The luxurious Renaissance Plaza boasts elevators, a 24-hour concierge, doorman and live-in super, a fully equipped fitness center, children's playroom, meeting rooms, roof deck and a landscaped courtyard. The building is LEED Certified, currently striving for Silver. Local tenants include CVS, Dunkin' Donuts, T-Mobile, Bank of America, Wells Fargo and Fine Fare Supermarket.

The red brick corner building at 49 West 116th Street in New York features a facade with timeless elegance from the 1930s era and offers retailers huge signage potential.

Internet Providers for 49 W 116th St

Provider Technology Max Download Speed Max Upload Speed
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
25 Mb/s
25 Mb/s

The Neighborhood: Harlem

The typical asking rate per listing is in the $30's per square foot per year. The Harlem submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $12 per sqft per year. That's a 45% rise in rent.

Compared to the rest of the New York City market, the Harlem submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Median Rate Median Size
Harlem $38
Median Rate Median Size
New York City $65

Median Rate over Time in Harlem