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

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.
Trade Area Summary

Basic Demographics

Median Household Income: $111,724
Consumer Expenditure: $40,084,412,462
Population: 1,016,368
Daytime Population: 1,964,920
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 (88%)
Segment #2: I – Young Urban Singles (8%)
Segment #3: H – Young Professionals (2%)
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: $850
Occupancy Rate: 93%
Anchor Tenants: Gotham West Market, Landmark Theatres
Tenant Rent/Sales Ratio (%): 20.6% – 41.2%
Rent $ / Visitor: $35 – $70
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
Recommended Vendors' Links 🔗

Local Broker: Retail by MONA

Building Surveyor: Be Featured! Contact Us

Permit Expeditor: Be Featured! Contact Us

Licensed Architect: Prose Architecture

Store Designer: Be Featured! Contact Us

Real Estate Attorney: Be Featured! Contact Us

General Contractor: O'Leary Group

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

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