Financial District

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26 Wall St New York City New York 10005 United States

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Pros

✔ Major economic hub ✔ Historic landmarks ✔ High foot traffic

Cons

✘ Busy and congested ✘ High cost of living ✘ Limited residential amenities

Shopper Profile

✦ Professionals: High-income earners in finance and corporate ✦ Tourists: Visiting landmarks and historical sites ✦ Preferences: Upscale dining, luxury retail, business services

Successful Retail Uses:

Fine Dining, Financial Services, Upscale Retail

Where the pulse of global finance meets city living, the Financial District attracts a bustling crowd of professionals. By day, its streets are busy with suits, and by night, a mix of residents explore its upscale restaurants and shops. Premium rents are the norm here, reflecting its prime status, with institutional landlords dominating the landscape.

Household Income in Trade Area: $180,000

Retail Sales in Trade Area: $3 billion

Population in Trade Area: 600,000

Tenant Sales per Square Foot: $1,500

Occupancy Rate: 95%

Anchor Tenants: Saks Fifth Avenue, Equinox

Tenant Rent/Sales Ratio (%): 13.3% – 26.7%

Rent $ / Visitor (relative cost of the foot traffic): $26.67 – $53.33

Other Notes: Data sourced from public and private records.

Average Rent (psf): $141

Median Rent (psf): $120

Rent Range (psf): $120-$156

Rent Variability: High

Other Notes: Data provided by Retail by MONA, a New York based brokerage firm.

Preferred ISP(s)

Spectrum, Verizon Fios

Estimated Permit Timeline (weeks)

8-10

Landmarks Risk

High

Union Labor Disharmony Likelihood

Medium

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Primary Landlord: NYC

Retail Type: Streets & Neighborhoods

Address: 26 Wall St
New York City
New York
10005
United States

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

Financial District

Local Broker: Retail by MONA

Building Surveyor: Be Featured! Contact Us

Permit Expeditor: Be Featured! Contact Us

Licensed Architect: Prose Architecture

Store Designer: Be Featured! Contact Us

Real Estate Attorney: Be Featured! Contact Us

General Contractor: O'Leary Group

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