St Nicolas Park

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2463 Frederick Douglass Blvd New York City New York 10027 United States

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Pros

✔ Scenic Park Views ✔ Community Engagement ✔ Proximity to Educational Institutions

Cons

✘ Limited Retail Space ✘ Higher Rent Costs ✘ Seasonal Foot Traffic

Shopper Profile

• Local Families and Students: Frequent park and surrounding shops • Preferences: Quaint cafes, niche boutiques • Landlords: Mostly local ownership

Successful Retail Uses:

Cafes, Local Shops, Niche Boutiques

A lush retreat within urban bounds, St Nicolas Park’s vicinity draws in local families and students alike. While the park itself is a respite, surrounding areas buzz with quaint cafes and niche boutiques. Rents here are reasonable, with local landlords holding most of the keys.

Household Income in Trade Area: $70,000

Retail Sales in Trade Area: $40 million

Population in Trade Area: 400,000

Tenant Sales per Square Foot: $100

Occupancy Rate: 92%

Anchor Tenants: None

Tenant Rent/Sales Ratio (%): 45%

Rent $ / Visitor (relative cost of the foot traffic): $0.14

Preferred ISP(s)

Verizon, Spectrum

Estimated Permit Timeline (weeks)

8-10

Landmarks Risk

Medium

Union Labor Disharmony Likelihood

Medium

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Primary Landlord: NYC

Retail Type: Streets & Neighborhoods

Address: 2463 Frederick Douglass Blvd
New York City
New York
10027
United States

MSA: New York-Newark-Jersey City NY-NJ-PA

St Nicolas Park

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