Jacob K Javitz Federal Building

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  • 49 Chambers St New York City New York 10007 United States
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1REC's Take
Pros

✔ Central location ✔ Modern architecture ✔ Proximity to other federal offices

Cons

✘ Security restrictions ✘ Limited retail options ✘ Crowded during events

Shopper Profile

✦ Government Employees: Workers at the federal building ✦ Professionals: Nearby office workers ✦ Preferences: Quick dining, convenience stores, services

About Location
More than just a federal establishment, its vicinity offers a blend of government hustle with urban life. Professionals and tourists alike navigate its surroundings, punctuated by essential service spots and quick bites. Rents in the area reflect its central location, and the landscape is overseen predominantly by institutional entities.
Trade Area Summary

Basic Demographics

Median Household Income: $110,277
Consumer Expenditure: $23,223,718,021
Population: 598,646
Daytime Population: 1,159,876
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: A – Ultra Wealthy Families (44%)
Segment #2: G – Educated Urbanites (41%)
Segment #3: E – Near-Urban Diverse Families (10%)
All Other Segments: 5%

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: 90%
Anchor Tenants: None
Tenant Rent/Sales Ratio (%): 16.7% – 33.3%
Rent $ / Visitor: $32 – $64
Source Notes: Data sourced from public and private records.
Know Before You Go
Preferred ISP(s)
Spectrum, Verizon
Estimated Permit Timeline (weeks)
8-12
Landmarks Risk
High
Union Labor Disharmony Likelihood
High
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Local Broker: Retail by MONA

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      MSA: New York-Newark-Jersey City NY-NJ-PA
      Address: 49 Chambers St
      New York City
      New York
      10007
      United States
      Place Tags: NYC
      Website
      Retail Type: Streets & Neighborhoods

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