Battery Park City

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  • 225 Liberty St New York City New York 10281 United States
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1REC's Take
Pros

✔ Scenic Waterfront ✔ Family-Friendly Amenities ✔ High Safety Standards

Cons

✘ High Rent Costs ✘ Limited Retail Space ✘ Seasonal Foot Traffic

Shopper Profile

✦ Affluent Residents: High-income Gen X, Baby Boomers, young professionals, families ✦ Corporate Professionals: Financial and corporate sector employees ✦ Tourists: Looking for upscale shopping and dining ✦ Preferences: Convenience, quality, serene environment

Successful Retail Uses:
High-End Fashion, Gourmet Groceries, Fine Dining
About Location
Nestled at Manhattan’s southwestern tip, this waterfront haven draws affluent Gen X and Boomer crowds. They’re met with a mix of high-end boutiques and gourmet eateries, and rents here soar, with corporate landlords largely in command.
Household Income in Trade Area: $160,000
Retail Sales in Trade Area: $1.65 billion
Population in Trade Area: 1,300,000
Occupancy
Tenant Sales per Square Foot: $1,100
Occupancy Rate: 94%
Anchor Tenants: Whole Foods, Regal Cinemas
Tenant Rent/Sales Ratio (%): 14% – 27%
Rent $ / Visitor (relative cost of the foot traffic): $37.5 – $75
Other Notes: Data sourced from public and private records.
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Preferred ISP(s)
Verizon, Spectrum
Estimated Permit Timeline (weeks)
8-12
Landmarks Risk
High
Union Labor Disharmony Likelihood
Medium
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Primary Landlord: NYC
Retail Type: Streets & Neighborhoods
Address: 225 Liberty St
New York City
New York
10281
United States
MSA: New York-Newark-Jersey City NY-NJ-PA
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