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Rent Office 116-122 East 124th Street
| $ / SF / Yr | SF | Monthly Rent |
|---|---|---|
| $ 45 |
Nearby Sublease office Spaces for Rent
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| Type of Space | Class A/month | Class B/month | Class C/month |
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| Team Rooms | |||
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Nearby office Spaces for Rent
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| Address | $ / SF / Yr | SF | Monthly Rent |
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| Park Ave & East 125th Street | $ 48 | 9,000 |
$ 36,000 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 125th Street | $ 48 | 3,700 |
$ 14,800 |
| E 116th St & Lexington Avenue | $ 38.5 | 5,800 |
$ 18,608 |
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Retail Spaces for Rent at 116-122 E 124th St
Rent Retail 116-122 E 124th St
Rent Medical Space at 116-122 E 124th St
| $ / SF / Yr | SF | Monthly Rent |
|---|---|---|
| $ 45 |
- Roberta Washington Architects leased 1,413 SF at 68 East 131st St
- New York State Office of… leased 51,659 SF at 55 West 125th St
- Gagosian Gallery leased 50,000 SF at 980 Madison Ave
- New York State Workers' Compensation Board leased 45,205 SF at 215 West 125th St
- Beth Israel Medical Center leased 38,461 SF at 1825 Park Ave
- CareMax leased 27,400 SF at 1915 Third Ave
- Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
- Icahn School of Medicine leased 12,000 SF at 207 East 94th Street
- Volastra Therapeutics leased 11,000 SF at 1361 Amsterdam Avenue
- The Studio Museum of Ha… leased 10,000 SF at 310 Lenox Ave
- Wells Fargo leased 6,882 SF at 286 Lenox Avenue
- Long's Bedding & Interiors leased 6,165 SF at 1220 Third Avenue
- Ricky's NYC leased 5,180 SF at 55 West 125th St
- Rebecca Taylor leased 4,338 SF at 980 Madison Ave
- Galaxy Medical PC leased 4,239 SF at 68 East 131st St
- Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
- Swerve Fitness leased 3,500 SF at 1140 Third Avenue
- The House of Little People leased 2,800 SF at 401 East 84th St
- Envy Corp. leased 2,500 SF at 4261 Broadway
- City Mall leased 2,500 SF at 4-14 West 125th Street
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Situated in the heart of East Harlem’s rapidly evolving corridor, 116-122 E 124th St represents a high-yield opportunity for investors looking to leverage the neighborhood's aggressive revitalization and proximity to the 125th Street transit hub. This versatile asset is perfectly positioned to benefit from the Second Avenue Subway expansion and the influx of institutional investment, making it an ideal candidate for strategic mixed-use redevelopment or value-add repositioning in a high-demand Manhattan submarket.
Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
116-122 East 124th Street Property Overview
| Building Address: | 116-122 E 124th St, New York NY 10035 |
| Building Alternate Address: | 116-122 E 124th St |
| Zip Code: | 10035 |
| Neighborhood: | East Harlem |
| Borough: | Manhattan |
| Stories: | 5 |
| Year Built: | 1920 |
| Building Class: | C |
| Block & lot: | 01772-0064 |
No specific historical information is available for the buildings at 116-122 E 124th Street, Manhattan, NYC. However, the area is part of East Harlem, a neighborhood with a rich cultural and architectural history. East Harlem experienced significant development in the early 20th century, with many buildings from that period still standing today. The neighborhood's architectural landscape reflects a mix of residential and commercial structures, influenced by the area's historical evolution as a diverse and vibrant community.
Address: 116-122 E 124th St, Manhattan, NYC 10035
Location: East Harlem, on a tree-lined block between Park and Lexington Avenues.
Property Overview: A five-story office building offering a sophisticated workspace environment with 55,200 square feet total space.
Amenities: High ceilings, large windows, two renovated passenger elevators, beautifully renovated lobby, 24-hour accessibility, and ADA compliance.
Neighborhood Features: Convenient access to Metro North within half a block, nearby restaurants, retail, and cultural attractions.
116-122 E 124th St, Manhattan, NYC offers several building amenities, including:
- Beautifully Renovated Lobby
- High Ceilings
- Large Windows Throughout the Building
- Two Renovated Passenger Elevators
- Central Air Conditioning
- Natural Light
- High-Speed Internet
- Fee-Supported Color Printer
- Business Address for Clients
- Convenient Access to Metro North Train Station
Office Tenants at 116-122 E 124th St, Manhattan, NYC:
- Con Edison
- United States Post Office
- Park Avenue Dialysis
116-122 E 124th St, Manhattan, NYC, is located in East Harlem and offers various internet options. The building itself is equipped with high-speed internet as part of its office packages. For tenants, common internet service providers in the area include Verizon Fios, Spectrum, and Astound Broadband Powered by RCN. These providers offer a range of speeds and services suitable for different needs.
116-122 E 124th St, Manhattan, NYC, offers convenient transportation options. The location is accessible by public buses, including BXM4, M1, M101, M15-SBS, M60-SBS, and trains like the HARLEM, HUDSON, NEW HAVEN, DANBURY, NEW CANAAN lines. The nearest subway lines are 4, 5, 6, 2, 3, and 6X. Nearby bus stops include Lexington Av/E 124 St and Lexington Ave & East 125th St. The property sits between Park Avenue and Lexington Avenue.
- Roberta Washington Architects leased 1,413 SF at 68 East 131st St
- New York State Office of… leased 51,659 SF at 55 West 125th St
- Gagosian Gallery leased 50,000 SF at 980 Madison Ave
- New York State Workers' Compensation Board leased 45,205 SF at 215 West 125th St
- Beth Israel Medical Center leased 38,461 SF at 1825 Park Ave
- CareMax leased 27,400 SF at 1915 Third Ave
- Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
- Icahn School of Medicine leased 12,000 SF at 207 East 94th Street
- Volastra Therapeutics leased 11,000 SF at 1361 Amsterdam Avenue
- The Studio Museum of Ha… leased 10,000 SF at 310 Lenox Ave
- Wells Fargo leased 6,882 SF at 286 Lenox Avenue
- Long's Bedding & Interiors leased 6,165 SF at 1220 Third Avenue
- Ricky's NYC leased 5,180 SF at 55 West 125th St
- Rebecca Taylor leased 4,338 SF at 980 Madison Ave
- Galaxy Medical PC leased 4,239 SF at 68 East 131st St
- Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
- Swerve Fitness leased 3,500 SF at 1140 Third Avenue
- The House of Little People leased 2,800 SF at 401 East 84th St
- Envy Corp. leased 2,500 SF at 4261 Broadway
- City Mall leased 2,500 SF at 4-14 West 125th Street
ConnectivCorp Testimonial
To whom it may concern:
I am writing to recommend Stephen Sunderland and Optimal Spaces Inc. for the excellent job they did in finding us a sublease at 29 West 57th Street. They were fast and efficient in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted.
I look forward to working with the team at Optimal Spaces Inc. again.
Very truly yours,
Robert Miller
Co-Chairman
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.