Meatpacking

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  • 426 W 13th St New York City New York 10014 United States
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1REC's Take
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Occupancy
Rents
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Vendors
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1REC's Take
Pros

✔ Trendy, high-end retail and dining ✔ Vibrant nightlife ✔ Proximity to the High Line

Cons

✘ Expensive rent and property prices ✘ Limited parking ✘ Crowded, especially on weekends

Shopper Profile

✦ Fashion Enthusiasts: Attracted to High-end boutiques ✦ Tourists: Exploring the vibrant nightlife ✦ Preferences: Designer stores, upscale dining, nightlife

About Location
Once industrial, Meatpacking is now a pinnacle of style and nightlife. Its cobbled streets are lined with high-end boutiques, upscale eateries, and chic clubs. Drawing a fashionable crowd, especially during evenings and weekends, the district demands premium rents and is overseen by both prominent and local landlords.
Trade Area Summary

Basic Demographics

Median Household Income: $123,116
Consumer Expenditure: $23,508,558,108
Population: 537,529
Daytime Population: 1,545,998
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 (66%)
Segment #2: I – Young Urban Singles (20%)
Segment #3: A – Ultra Wealthy Families (13%)
All Other Segments: 1%

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: $1,600
Occupancy Rate: 98%
Anchor Tenants: Apple Store, Chelsea Market, The Standard
Tenant Rent/Sales Ratio (%): 6.25% – 9.38%
Rent $ / Visitor: $33.33
Source Notes: Data sourced from public and private records.
Destination Rents
Average Rent (psf): $249
Median Rent (psf): $200
Rent Range (psf): $200-$354
Rent Variability: High
Source Notes: Data provided by Retail by MONA, a New York based brokerage firm.
Know Before You Go
Preferred ISP(s)
Spectrum, Verizon Fios
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Medium
Union Labor Disharmony Likelihood
Medium
Recommended Vendors' Links 🔗

Local Broker: Retail by MONA

Building Surveyor: DrafterMax

Permit Expeditor: Paul Fusco Consulting

Licensed Architect: Be Featured! Contact Us

Store Designer: Carina Miranda Studio

Real Estate Attorney: Be Featured! Contact Us

General Contractor: Be Featured! Contact Us

Reviews

1 Reviews on “Meatpacking”

Overall rating
Parking
Foot Traffic
Cleanliness
Safety
  • clicks2bricksguy
    Parking
    Foot Traffic
    Cleanliness
    Safety

    Really depends on what you’re looking for here. I’ve never heard of a brand “killing it” here, but seems like if you can appeal to tourists and maybe nightlife then can work

     Reply

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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 426 W 13th St
New York City
New York
10014
United States
Place Tags: NYC
Website
Retail Type: Streets & Neighborhoods

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