Monroe Avenue

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  • 1789 Monroe Ave The Bronx New York 10457 United States
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1REC's Take
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Occupancy Information
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1REC's Take
Pros

✔ Affordable housing ✔ Proximity to public transport ✔ Diverse community

Cons

✘ High crime rates in some areas ✘ Limited upscale amenities ✘ Traffic congestion

Shopper Profile

✦ Local Residents: Long-time residents and new arrivals ✦ Preferences: Local dining, retail stores

Successful Retail Uses:
Local Dining, Retail Stores, Community Services
About Location
Monroe Avenue is a residential street that features a few local stores and eateries catering to the local community. It has a neighborhood feel, and rental prices are generally moderate to low.
Household Income in Trade Area: $55,000
Retail Sales in Trade Area: $480 million
Population in Trade Area: 200,000
Occupancy Information
Tenant Sales per Square Foot: $600
Occupancy Rate: 80%
Anchor Tenants: Monroe College, Various small businesses
Tenant Rent/Sales Ratio (%): 6.67% – 16.67%
Rent $ / Visitor (relative cost of the foot traffic): $12
Other Notes: Data sourced from public and private records.
Know Before You Go
Preferred ISP(s)
Spectrum, Verizon
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Medium
Union Labor Disharmony Likelihood
Medium
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city landscape with buildings and shops cityscape flat design 16
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Get Directions
Primary Landlord: Street
Retail Type: Streets & Neighborhoods
Address: 1789 Monroe Ave
The Bronx
New York
10457
United States
MSA: New York-Newark-Jersey City NY-NJ-PA

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