Port Authority

No Reviews
Favorite
  • 625 8th Ave New York City New York 10018 United States
Write A Review
Claim Listing
1REC's Take
About
Occupancy
Know Before
Vendors
Reviews
1REC's Take
Pros

✔ High foot traffic ✔ Central location near Times Square ✔ Access to various transport options

Cons

✘ Overcrowded and hectic ✘ Higher crime rates ✘ Limited upscale retail options

Shopper Profile

✦ Commuters: Using the bus terminal ✦ Tourists: Catching buses to various destinations ✦ Preferences: Fast food, convenience stores, quick services

About Location
The nexus for inter-city bus travelers, Port Authority bustles with transient energy. Within and around, travelers find a mix of quick bites, convenience stores, and service-oriented retail. Given its centrality and heavy foot traffic, rents in the vicinity are predictably high. The landlord scene is diverse, with the major terminal spaces overseen by institutional entities, while the fringes have a mix of local and corporate landlords.
Trade Area Summary

Basic Demographics

Median Household Income: $122,448
Consumer Expenditure: $27,042,874,702
Population: 625,875
Daytime Population: 1,629,638
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 (55%)
Segment #2: I – Young Urban Singles (23%)
Segment #3: H – Young Professionals (10%)
All Other Segments: 12%

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: $800
Occupancy Rate: 85%
Anchor Tenants: Port Authority Bus Terminal
Tenant Rent/Sales Ratio (%): 12.5% – 31.2%
Rent $ / Visitor: $13.33 – $33.33
Source Notes: Data sourced from public and private records.
Know Before You Go
Preferred ISP(s)
Spectrum, Verizon Fios
Estimated Permit Timeline (weeks)
8-10
Landmarks Risk
High
Union Labor Disharmony Likelihood
High
Recommended Vendors' Links 🔗

Local Broker: Be Featured! Contact Us

Building Surveyor: Be Featured! Contact Us

Permit Expeditor: Rizzo-Brookbridge

Licensed Architect: Be Featured! Contact Us

Store Designer: Be Featured! Contact Us

Real Estate Attorney: Be Featured! Contact Us

General Contractor: Be Featured! Contact Us

Reviews

Leave a Review

Select a rating
Overall
Select a rating
Occupancy %
Select a rating
Parking
Select a rating
Foot Traffic
Select a rating
Cleanliness
Select a rating
Safety
Drop files here

OR

Allowed file types: .jpg, .jpe, .jpeg, .gif, .png, .bmp, .ico
(You can upload 10 files)
Please drag & drop the files to rearrange the order

Get Directions

Look for something else…

{"hide_search_input":"0","hide_near_input":"0","show":"","filters_pos":"","input_size":"","bar_flex_wrap":"","bar_flex_wrap_md":"","bar_flex_wrap_lg":"","input_border":"","input_border_opacity":"","input_rounded_size":"","btn_bg":"","btn_rounded_size":"","btn_rounded_size_md":"","btn_rounded_size_lg":"","bg":"","mt":"","mr":"","mb":"3","ml":"","pt":"","pr":"","pb":"","pl":"","border":"","rounded":"","rounded_size":"","rounded_size_md":"","rounded_size_lg":"","shadow":"","css_class":""}
MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 625 8th Ave
New York City
New York
10018
United States
Place Tags: NYC
Website
Retail Type: Transportation Hubs

The 1REC Directory helps brands, brokers, and others by providing location intelligence and transparency

Get in touch
About

© Copyright 1REC 2024. All Rights Reserved.