Meatpacking

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  • 426 W 13th St New York City New York 10014 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

✔ Trendy, high-end retail and dining ✔ Vibrant nightlife ✔ Proximity to the High Line

Cons

✘ Expensive rent and property prices ✘ Limited parking ✘ Crowded, especially on weekends

Shopper Profile

✦ Fashion Enthusiasts: Attracted to High-end boutiques ✦ Tourists: Exploring the vibrant nightlife ✦ Preferences: Designer stores, upscale dining, nightlife

Successful Retail Uses:
Designer Stores, Upscale Dining, Nightlife
About Location
Once industrial, Meatpacking is now a pinnacle of style and nightlife. Its cobbled streets are lined with high-end boutiques, upscale eateries, and chic clubs. Drawing a fashionable crowd, especially during evenings and weekends, the district demands premium rents and is overseen by both prominent and local landlords.
Household Income in Trade Area: $180,000
Retail Sales in Trade Area: $3.2 billion
Population in Trade Area: 150,000
Occupancy Information
Tenant Sales per Square Foot: $1,600
Occupancy Rate: 98%
Anchor Tenants: Apple Store, Chelsea Market, The Standard
Tenant Rent/Sales Ratio (%): 6.25% – 9.38%
Rent $ / Visitor (relative cost of the foot traffic): $33.33
Other Notes: Data sourced from public and private records.
Destination Rents
Average Rent (psf): $249
Median Rent (psf): $200
Rent Range (psf): $200-$354
Rent Variability: High
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: Be Featured! Contact Us

Store Designer: Carina Miranda Studio

Real Estate Attorney: Be Featured! Contact Us

General Contractor: Be Featured! Contact Us

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Get Directions
Primary Landlord: NYC
Retail Type: Streets & Neighborhoods
Address: 426 W 13th St
New York City
New York
10014
United States
MSA: New York-Newark-Jersey City NY-NJ-PA
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