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

Successful Retail Uses:
Convenience Stores, Quick Dining, Office 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.
Household Income in Trade Area: $80,000
Retail Sales in Trade Area: $480 million
Population in Trade Area: 100,000
Occupancy
Tenant Sales per Square Foot: $600
Occupancy Rate: 90%
Anchor Tenants: None
Tenant Rent/Sales Ratio (%): 16.7% – 33.3%
Rent $ / Visitor (relative cost of the foot traffic): $32 – $64
Other Notes: Data sourced from public and private records.
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Preferred ISP(s)
Spectrum, Verizon
Estimated Permit Timeline (weeks)
8-12
Landmarks Risk
High
Union Labor Disharmony Likelihood
High
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Primary Landlord: NYC
Retail Type: Streets & Neighborhoods
Address: 49 Chambers St
New York City
New York
10007
United States
MSA: New York-Newark-Jersey City NY-NJ-PA
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