East Village

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  • 500 E 9th St New York City New York 10009 United States
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1REC's Take
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1REC's Take
Pros

✔ Vibrant nightlife ✔ Diverse dining options ✔ Rich cultural history

Cons

✘ High noise levels ✘ Expensive rent ✘ Crowded streets

Shopper Profile

✦ Young and Hip: Attracts bohemian and alternative crowd ✦ Students and Artists: NYU proximity and creative vibes ✦ Preferences: Vintage stores, eclectic eateries, indie music spots

About Location
A mecca of bohemian and alternative culture, the East Village dances to its own beat. A magnet for younger generations, it’s rife with vintage stores, eclectic eateries, and indie music spots. Given its trendy status, rents can be steep, but they vary; landlords range from old-time locals to bigger corporate entities.
Trade Area Summary

Basic Demographics

Median Household Income: $116,132
Consumer Expenditure: $37,263,197,796
Population: 886,165
Daytime Population: 1,806,404
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: G – Educated Urbanites (66%)
Segment #2: I – Young Urban Singles (18%)
Segment #3: H – Young Professionals (8%)
All Other Segments: 8%

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: $600
Occupancy Rate: 92%
Anchor Tenants: Whole Foods, Target
Tenant Rent/Sales Ratio (%): 12.5% – 25%
Rent $ / Visitor: $12 – $24
Source Notes: Data sourced from public and private records.
Destination Rents
Average Rent (psf): $131
Median Rent (psf): $120
Rent Range (psf): $120-$137
Rent Variability: Medium
Source Notes: Data provided by Retail by MONA, a New York based brokerage firm.
Know Before You Go
Preferred ISP(s)
Spectrum, Verizon, Astound
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Medium
Union Labor Disharmony Likelihood
Medium
Recommended Vendors' Links 🔗

Local Broker: Be Featured! Contact Us

Building Surveyor: Be Featured! Contact Us

Permit Expeditor: Paul Fusco Consulting

Licensed Architect: Be Featured! Contact Us

Store Designer: Be Featured! Contact Us

Real Estate Attorney: Be Featured! Contact Us

General Contractor: O'Leary Group

Photos
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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 500 E 9th St
New York City
New York
10009
United States
Place Tags: NYC
Retail Type: Streets & Neighborhoods

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