Arthur Avenue

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  • 2344 Arthur Ave The Bronx New York 10458 United States
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1REC's Take
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1REC's Take
Pros

✔ Renowned for Italian food ✔ Strong community ✔ Unique shopping experience

Cons

✘ Limited parking ✘ High traffic ✘ Safety concerns in some areas

Shopper Profile

✦ Local Shoppers: Residents and visitors ✦ Preferences: Authentic Italian cuisine, local markets

Successful Retail Uses:
Authentic Italian Cuisine, Specialty Markets
About Location
Often referred to as the “real Little Italy,” Arthur Avenue is rich in culture and offers a variety of food shops, bakeries, delis, and restaurants. It caters mostly to local families and tourists seeking an authentic Italian experience. Rental prices are moderate, and the area is a hotspot for family-owned businesses.
Household Income in Trade Area: $80,000
Retail Sales in Trade Area: $1.2 billion
Population in Trade Area: 200,000
Occupancy
Tenant Sales per Square Foot: $800
Occupancy Rate: 88%
Anchor Tenants: Arthur Avenue Retail Market, Bronx Zoo
Tenant Rent/Sales Ratio (%): 10% – 20%
Rent $ / Visitor (relative cost of the foot traffic): $15
Other Notes: Data sourced from public and private records.
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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: Street
Retail Type: Streets & Neighborhoods
Address: 2344 Arthur Ave
The Bronx
New York
10458
United States
MSA: New York-Newark-Jersey City NY-NJ-PA

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