West Village

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  • 45 Perry 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

✔ Charming, historic architecture ✔ High foot traffic and vibrant nightlife ✔ Wide variety of dining and boutique shopping

Cons

✘ Expensive rent and property prices ✘ Crowded streets ✘ Limited parking options

Shopper Profile

✦ Affluent Residents: High-income individuals and families ✦ Tourists: Visiting cultural and historic sites ✦ Preferences: Boutique shopping, fine dining

Successful Retail Uses:
High-End Fashion, Restaurants, Cafes, Boutiques
About Location
An artistic enclave with historic charm, the West Village weaves cobblestone streets with modern sophistication. Attracting a cultured crowd that appreciates fine dining, artisan boutiques, and intimate music venues, its retail mix is eclectic and upscale. Rents here come at a premium, and the landscape is dotted with both local and prominent landlords.
Household Income in Trade Area: $150,000
Retail Sales in Trade Area: $1.98 billion
Population in Trade Area: 200,000
Occupancy Information
Tenant Sales per Square Foot: $1,100
Occupancy Rate: 95%
Anchor Tenants: Stonewall Inn, Magnolia Bakery
Tenant Rent/Sales Ratio (%): 22.7% – 45.5%
Rent $ / Visitor (relative cost of the foot traffic): $45 – $90
Other Notes: Data sourced from public and private records.
Destination Rents
Average Rent (psf): $158
Median Rent (psf): $146
Rent Range (psf): $146-$204
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, RCN
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
High
Union Labor Disharmony Likelihood
Medium
Recommended Vendors 🔗

Local Broker: Retail by MONA

Building Surveyor: DrafterMax

Permit Expeditor: Paul Fusco Consulting

Licensed Architect: Prose Architecture

Store Designer: Be Featured! Contact Us

Real Estate Attorney: Be Featured! Contact Us

General Contractor: O'Leary Group

Photos
What to do in Greenwich Village NYC New york city manhattan travel guide SVADORE travel blog 1 12 1024x467 2 768x350
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Get Directions
Primary Landlord: NYC
Retail Type: Streets & Neighborhoods
Address: 45 Perry St
New York City
New York
10014
United States
MSA: New York-Newark-Jersey City NY-NJ-PA
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