Stuyvesant Town

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  • 12 Stuyvesant Oval New York City New York 10009 United States
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1REC's Take
Pros

✔ Large residential complex ✔ Abundant green space ✔ Family-friendly environment

Cons

✘ Limited commercial spaces ✘ High cost of living ✘ Strict lease policies

Shopper Profile

✦ Families: Long-term residents in the area ✦ Students: Attending nearby universities ✦ Preferences: Parks, local shops, casual dining

About Location
A residential oasis amidst the urban buzz, Stuyvesant Town, or ‘Stuy Town’, is a community unto itself. While primarily residential, its fringes offer essential shops and local eateries for its diverse residents. Rents within are more controlled, but fringes can vary, overseen predominantly by the primary institutional landlord with some local presence on the outskirts.
Trade Area Summary

Basic Demographics

Median Household Income: $116,175
Consumer Expenditure: $42,186,640,574
Population: 995,990
Daytime Population: 2,176,176
Source Notes: Data reflects Q3 2023 (Experian)

Household Segment Breakdown

Segment #1: G – Educated Urbanites (85%)
Segment #2: A – Ultra Wealthy Families (9%)
Segment #3: I – Young Urban Singles (5%)
All Other Segments: 1%
Source Notes: Segment data reflects 0.25mi radius and is provided by Spatial.ai, an AI-Powered segmentation platform for retail marketers.

Learn More: http://Taxonomy

Occupancy
Tenant Sales per Square Foot: $700
Occupancy Rate: 93%
Anchor Tenants: None
Tenant Rent/Sales Ratio (%): 14.3% – 28.6%
Rent $ / Visitor: $66.67 – $133.33
Source 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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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 12 Stuyvesant Oval
New York City
New York
10009
United States
Place Tags: NYC
Website
Retail Type: Streets & Neighborhoods

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