Pros
Cons
Shopper Profile
Successful Retail Uses:
Located in the heart of uptown, East Harlem boasts a rich cultural vibe. It’s frequented by a mix of local families and younger newcomers. The streets are lined with local bodegas, cultural art spots, and emerging chain stores. The rents are relatively more affordable, and the area is overseen by local landlords, with some institutional interest creeping in.
Household Income in Trade Area: $60,000
Retail Sales in Trade Area: $150 million
Population in Trade Area: 500,000
Tenant Sales per Square Foot: $600
Occupancy Rate: 85%
Anchor Tenants: Target, Costco
Tenant Rent/Sales Ratio (%): 8% – 25%
Rent $ / Visitor (relative cost of the foot traffic): $2.50 – $7.50
Other Notes: Data sourced from public and private records.
Preferred ISP(s)
Estimated Permit Timeline (weeks)
Landmarks Risk
Union Labor Disharmony Likelihood

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