Hell's Kitchen/Clinton

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  • 458 W 49th St New York City New York 10019 United States
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1REC's Take
Pros

✔ Diverse dining options ✔ Vibrant nightlife ✔ Proximity to Broadway

Cons

✘ High noise levels ✘ Limited parking ✘ High cost of living

Shopper Profile

✦ Diverse Crowd: Young professionals, artists, and Long-term residents ✦ Visitors: Enjoy vibrant nightlife ✦ Preferences: Restaurants, bars, entertainment venues

Successful Retail Uses:
Restaurants, Bars, Entertainment Venues
About Location
From its gritty past rises a vibrant culinary and theater hub. Hell’s Kitchen/Clinton magnetizes with its array of global eateries, off-Broadway theaters, and bustling markets. The crowd is diverse, from theater enthusiasts to locals. While the rental market has seen an uptick, there’s a blend of local landlords and emerging developer interest.
Household Income in Trade Area: $90,000
Retail Sales in Trade Area: $1.02 billion
Population in Trade Area: 150,000
Occupancy
Tenant Sales per Square Foot: $850
Occupancy Rate: 93%
Anchor Tenants: Gotham West Market, Landmark Theatres
Tenant Rent/Sales Ratio (%): 20.6% – 41.2%
Rent $ / Visitor (relative cost of the foot traffic): $35 – $70
Other Notes: Data sourced from public and private records.
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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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Local Broker: Retail by MONA

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Permit Expeditor: Be Featured! Contact Us

Licensed Architect: Prose Architecture

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General Contractor: O'Leary Group

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Primary Landlord: NYC
Retail Type: Streets & Neighborhoods
Address: 458 W 49th St
New York City
New York
10019
United States
MSA: New York-Newark-Jersey City NY-NJ-PA
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