Manhattanville

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  • 615 W 131st St New York City New York 10027 United States
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1REC's Take
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1REC's Take
Pros

✔ Home to Columbia University’s expansion. ✔ Mix of old and new developments. ✔ Potential for investment opportunities.

Cons

✘ Ongoing construction and development. ✘ Limited retail and dining currently. ✘ Potential displacement from gentrification.

Shopper Profile

✦ Young Professionals: Living in nearby apartments ✦ Students: Attending local universities ✦ Preferences: Cafes, casual dining, local shops

Successful Retail Uses:
Cafes, Casual Dining, Local Shops
About Location
A neighborhood in transition, Manhattanville melds its industrial past with a surge of new developments. The area, frequented by students and younger residents, offers a mix of local shops, eateries, and some larger retail anchors. Rents are diverse, reflecting its changing nature, with both local and emerging institutional landlords present.
Household Income in Trade Area: $80,000
Retail Sales in Trade Area: $600 million
Population in Trade Area: 140,000
Occupancy
Tenant Sales per Square Foot: $600
Occupancy Rate: 92%
Anchor Tenants: Columbia University
Tenant Rent/Sales Ratio (%): 16.67% – 33.33%
Rent $ / Visitor (relative cost of the foot traffic): $50 – $100
Other Notes: Data sourced from public and private records.
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Preferred ISP(s)
Spectrum, Verizon
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Medium
Union Labor Disharmony Likelihood
Medium
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Primary Landlord: NYC
Retail Type: Streets & Neighborhoods
Address: 615 W 131st St
New York City
New York
10027
United States
MSA: New York-Newark-Jersey City NY-NJ-PA

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