Upper West Side

Favorite

175 W 85th St New York City New York 10024 United States

Pros

✔ Prestigious residential area. ✔ Abundant cultural institutions, including museums and theaters. ✔ Green spaces with Central Park and Riverside Park.

Cons

✘ High cost of living ✘ Heavy foot traffic ✘ Competitive real estate market

Shopper Profile

✦ Affluent Residents: High-income families and professionals ✦ Tourists: Visiting museums and cultural sites ✦ Preferences: Upscale retail, dining

Successful Retail Uses:

Upscale Retail, Dining, Cultural Institutions

With Central Park on one side and Riverside Park on the other, the UWS is an urban dweller’s dream. Home to families, creatives, and professionals, its retail scene combines gourmet food shops, boutique stores, and iconic cultural venues. The rental landscape is premium, with a balance of seasoned local landlords and corporate entities.

Household Income in Trade Area: $130,000

Retail Sales in Trade Area: $2.2 billion

Population in Trade Area: 250,000

Tenant Sales per Square Foot: $1,100

Occupancy Rate: 94%

Anchor Tenants: Lincoln Center, American Museum of Natural History

Tenant Rent/Sales Ratio (%): 18.18% – 36.36%

Rent $ / Visitor (relative cost of the foot traffic): $36.67 – $73.33

Other Notes: Data sourced from public and private records.

Average Rent (psf): $199

Median Rent (psf): $158

Rent Range (psf): $158-$239

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)

6-8

Landmarks Risk

Medium

Union Labor Disharmony Likelihood

Medium

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Primary Landlord: NYC

Retail Type: Streets & Neighborhoods

Address: 175 W 85th St
New York City
New York
10024
United States

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

Website

Upper West Side

Local Broker: Retail by MONA

Building Surveyor: DrafterMax

Permit Expeditor: Paul Fusco Consulting

Licensed Architect: Prose Architecture

Store Designer: Carina Miranda Studio

Real Estate Attorney: Fentin Goldman

General Contractor: O'Leary Group

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