Tribeca

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  • 117 W Broadway New York City New York 10013 United States
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Occupancy Information
Destination Rents
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1REC's Take
Pros

✔ Upscale neighborhood ✔ Family-friendly ✔ Good schools and parks

Cons

✘ High property prices ✘ Limited public transportation options ✘ Quiet during weekends

Shopper Profile

✦ Wealthy Residents: High-income families and professionals ✦ Celebrities: Frequent sightings in the area ✦ Preferences: Luxury brands, fine dining, exclusive events

Successful Retail Uses:
Luxury Brands, Fine Dining, Exclusive Events
About Location
An epitome of downtown luxury, Tribeca seduces with its cobbled streets and historic warehouses turned luxe lofts. A haven for the affluent, its retail landscape boasts designer boutiques and upscale dining. Given its prestige, rents are among the highest, predominantly overseen by upscale developers and landlords.
Household Income in Trade Area: $120,000
Retail Sales in Trade Area: $1.4 billion
Population in Trade Area: 130,000
Occupancy Information
Tenant Sales per Square Foot: $950
Occupancy Rate: 92%
Anchor Tenants: Whole Foods, Target
Tenant Rent/Sales Ratio (%): 21.1% – 42.1%
Rent $ / Visitor (relative cost of the foot traffic): $85.71 – $171.43
Other Notes: Data sourced from public and private records.
Destination Rents
Average Rent (psf): $141
Median Rent (psf): $116
Rent Range (psf): $116-$138
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 Fios
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Medium
Union Labor Disharmony Likelihood
Medium
Recommended Vendors 🔗

Local Broker: Retail by MONA

Building Surveyor: DrafterMax

Permit Expeditor: Paul Fusco Consulting

Licensed Architect: Prose Architecture

Store Designer: Be Featured! Contact Us

Real Estate Attorney: Be Featured! Contact Us

General Contractor: Be Featured! Contact Us

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Primary Landlord: NYC
Retail Type: Streets & Neighborhoods
Address: 117 W Broadway
New York City
New York
10013
United States
MSA: New York-Newark-Jersey City NY-NJ-PA

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