The Hub

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  • 502 Willis Ave The Bronx New York 10455 United States
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1REC's Take
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1REC's Take
Pros

✔ Major shopping destination ✔ Accessible public transport ✔ Diverse retail mix

Cons

✘ High crime rates ✘ Overcrowding ✘ Noise pollution

Shopper Profile

✦ Local Shoppers: Residents and professionals ✦ Preferences: Retail stores, dining, services

Successful Retail Uses:
Retail Stores, Dining, Services
About Location
Known as the retail heart of the South Bronx, The Hub is a bustling commercial and transportation center. It features a variety of retailers, from well-known chains to smaller local stores, serving a mainly local clientele. Rents are generally moderate.
Household Income in Trade Area: $40,000
Retail Sales in Trade Area: $480 million
Population in Trade Area: 250,000
Occupancy
Tenant Sales per Square Foot: 600
Occupancy Rate: 80%
Anchor Tenants: The Hub Shopping Center, Various small businesses
Tenant Rent/Sales Ratio (%): 6.67% – 16.67%
Rent $ / Visitor (relative cost of the foot traffic): $10.67
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: 502 Willis Ave
The Bronx
New York
10455
United States
MSA: New York-Newark-Jersey City NY-NJ-PA

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