Greenwich Village

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  • 35 W 9th St New York City New York 10011 United States
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1REC's Take
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Occupancy Information
Destination Rents
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1REC's Take
Pros

✔ Artistic and cultural scene ✔ Numerous parks and green spaces ✔ Walkable neighborhood

Cons

✘ Expensive real estate ✘ Limited parking ✘ Touristy areas

Shopper Profile

✦ Affluent Residents: Mix of Long-time locals and newcomers ✦ Students and Tourists: NYU and cultural attractions ✦ Preferences: Boutique shops, cafes, cultural venues

Successful Retail Uses:
Cafes, Boutique Shops, Cultural Venues
About Location
The birthplace of counterculture and a beacon of creativity, Greenwich Village captivates with its historic charm. Frequented by a diverse crowd, its streets showcase boutique shops, legendary music venues, and quaint cafes. Rents here can be high due to its iconic status, with a mix of longstanding local landlords and corporate entities.
Household Income in Trade Area: $100,000
Retail Sales in Trade Area: $1.1 billion
Population in Trade Area: 150,000
Occupancy Information
Tenant Sales per Square Foot: $900
Occupancy Rate: 92%
Anchor Tenants: Whole Foods, Apple Store
Tenant Rent/Sales Ratio (%): 16.7% – 33.3%
Rent $ / Visitor (relative cost of the foot traffic): $36 – $72
Other Notes: Data sourced from public and private records.
Destination Rents
Average Rent (psf): $196
Median Rent (psf): $149
Rent Range (psf): $149-$192
Rent Variability: Medium
Other Notes: Data provided by Retail by MONA, a New York based brokerage firm.
Know Before You Go
Preferred ISP(s)
Spectrum, Verizon, RCN
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
High
Union Labor Disharmony Likelihood
Medium
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Get Directions
Primary Landlord: NYC
Retail Type: Streets & Neighborhoods
Address: 35 W 9th St
New York City
New York
10011
United States
MSA: New York-Newark-Jersey City NY-NJ-PA
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