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

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.
Trade Area Summary

Basic Demographics

Median Household Income: $51,981
Consumer Expenditure: $40,722,593,631
Population: 1,543,691
Daytime Population: 1,022,094
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 (44%)
Segment #2: I – Young Urban Singles (25%)
Segment #3: A – Ultra Wealthy Families (20%)
All Other Segments: 11%

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: Fort Tryon Park, Bennett Park
Tenant Rent/Sales Ratio (%): 20% – 41.7%
Rent $ / Visitor: $48 – $100
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
Low
Union Labor Disharmony Likelihood
Medium
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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 551 Ft Washington Ave
New York City
New York
10033
United States
Place Tags: NYC
Retail Type: Streets & Neighborhoods

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