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Shopper Profile
Successful Retail Uses:
A vibrant blend of cultures, Washington Heights thrums with energy. Frequented by a diverse populace, its streets are lined with eclectic eateries, music venues, and local boutiques. Rents are increasingly competitive but offer pockets of affordability, with a majority of local landlords but also a growing interest from institutional ones as the area gains popularity.
Household Income in Trade Area: $58,373
Retail Sales in Trade Area: $700 million
Population in Trade Area: 150,000
Tenant Sales per Square Foot: $700
Occupancy Rate: 90%
Anchor Tenants: Yeshiva University, NewYork-Presbyterian Hospital
Tenant Rent/Sales Ratio (%): 10% – 20%
Rent $ / Visitor (relative cost of the foot traffic): $66.67 – $133.33
Other Notes: Data sourced from public and private records.
Average Rent (psf): $125
Median Rent (psf): $125
Rent Range (psf): $125-$125
Rent Variability: Low
Other Notes: Data provided by Retail by MONA, a New York based brokerage firm.
Preferred ISP(s)
Estimated Permit Timeline (weeks)
Landmarks Risk
Union Labor Disharmony Likelihood

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