Morningside Heights

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  • 3025 Broadway New York City New York 10027 United States
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1REC's Take
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1REC's Take
Pros

✔ Academic hub with Columbia University and other institutions. ✔ Scenic views and parks. ✔ Strong community feel.

Cons

✘ High student population can dominate the area. ✘ Expensive real estate near the university. ✘ Limited nightlife options.

Shopper Profile

✦ Students and Faculty: Nearby universities influence foot traffic ✦ Local Families: Enjoy the park’s green space ✦ Preferences: Casual eateries, community businesses

Successful Retail Uses:
Cafes, Community Shops, Casual Dining
About Location
Anchored by Columbia University, this academic enclave buzzes with student activity. Bookstores, coffee shops, and casual eateries cater to the scholarly crowd, along with local residents. While rents can be influenced by the university, there’s a mix of institutional and local landlords at play.
Household Income in Trade Area: $110,000
Retail Sales in Trade Area: $700 million
Population in Trade Area: 125,000
Occupancy
Tenant Sales per Square Foot: $700
Occupancy Rate: 92%
Anchor Tenants: Columbia University, Riverside Church
Tenant Rent/Sales Ratio (%): 21.4% – 42.9%
Rent $ / Visitor (relative cost of the foot traffic): $46.67 – $93.33
Other Notes: Data sourced from public and private records.
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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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Primary Landlord: NYC
Retail Type: Streets & Neighborhoods
Address: 3025 Broadway
New York City
New York
10027
United States
MSA: New York-Newark-Jersey City NY-NJ-PA
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