South Harlem

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  • 1916 Adam Clayton Powell Jr Blvd New York City New York 10026 United States
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1REC's Take
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Occupancy
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1REC's Take
Pros

✔ Emerging Retail Scene ✔ Cultural Diversity ✔ Growing Community Investments

Cons

✘ Higher Rent Costs ✘ Limited Retail Space ✘ Gentrification Concerns

Shopper Profile

✦ New Millennials and Established Residents: Mix of old and new ✦ Preferences: Modern eateries, boutique stores ✦ Demographics: Growing popularity, rising rents

Successful Retail Uses:
Restaurants, Boutique Stores, Modern Eateries
About Location
Often seen as the gateway to Harlem, South Harlem pulses with energy. A blend of new millennials and established residents find solace in its modern eateries and boutique stores. Rents are on the rise, reflecting its growing popularity, with both local and increasingly corporate landlords in the mix.
Household Income in Trade Area: $80,000
Retail Sales in Trade Area: $112.5 million
Population in Trade Area: 700,000
Occupancy
Tenant Sales per Square Foot: $150
Occupancy Rate: 90%
Anchor Tenants: None
Tenant Rent/Sales Ratio (%): 36.67%
Rent $ / Visitor (relative cost of the foot traffic): $0.11
Other Notes: Data sourced from public and private records.
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Know Before You Go
Preferred ISP(s)
Verizon, Spectrum
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Medium
Union Labor Disharmony Likelihood
High
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Primary Landlord: NYC
Retail Type: Streets & Neighborhoods
Address: 1916 Adam Clayton Powell Jr Blvd
New York City
New York
10026
United States
MSA: New York-Newark-Jersey City NY-NJ-PA
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