Hudson Heights

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  • 551 Ft Washington Ave New York City New York 10033 United States
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1REC's Take
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1REC's Take
Pros

✔ Stunning views of the Hudson River and George Washington Bridge ✔ Vibrant, diverse community ✔ Access to Fort Tryon Park

Cons

✘ Limited retail and commercial space ✘ Higher living costs ✘ Steep terrain can be challenging for walking

Shopper Profile

✦ Diverse Residents: Long-term locals and new arrivals ✦ Tourists: Exploring historic sites ✦ Preferences: Local eateries, parks, community activities

Successful Retail Uses:
Local Eateries, Parks, Community Retail
About Location
Overlooking the Hudson, this heighted enclave exudes a suburban feel amidst city bounds. Families and older residents are drawn to its parks, local diners, and essential service shops. Rents are relatively moderate, with a good number of properties under the helm of local landlords, though there’s some institutional presence.
Household Income in Trade Area: $95,000
Retail Sales in Trade Area: $480 million
Population in Trade Area: 90,000
Occupancy
Tenant Sales per Square Foot: $600
Occupancy Rate: 92%
Anchor Tenants: Fort Tryon Park, Bennett Park
Tenant Rent/Sales Ratio (%): 20% – 41.7%
Rent $ / Visitor (relative cost of the foot traffic): $48 – $100
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
Low
Union Labor Disharmony Likelihood
Medium
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Primary Landlord: NYC
Retail Type: Streets & Neighborhoods
Address: 551 Ft Washington Ave
New York City
New York
10033
United States
MSA: New York-Newark-Jersey City NY-NJ-PA

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