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

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.
Trade Area Summary

Basic Demographics

Median Household Income: $38,266
Consumer Expenditure: $32,281,406,109
Population: 1,349,520
Daytime Population: 740,519
Source Notes: Data reflects 20 minute drive times as of Q3 2023 (Experian) and is provided by Dallimore & Co, a boutique advisory firm specializing in growth strategy, real estate solutions, and M&A for specialty retail and consumer brands.

Household Segment Breakdown

Segment #1: Q – City Hopefuls (56%)
Segment #2: I – Young Urban Singles (25%)
Segment #3: P – Melting Pot Families (17%)
All Other Segments: 2%

Source Notes: Segment data reflects 0.25mi radius and is provided by Spatial.ai, an AI-Powered segmentation platform for retail marketers.

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: $15
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: 2344 Arthur Ave
The Bronx
New York
10458
United States
Place Tags: Street
Retail Type: Streets & Neighborhoods

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