St Nicolas Park

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  • 2463 Frederick Douglass Blvd New York City New York 10027 United States
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1REC's Take
Pros

✔ Scenic Park Views ✔ Community Engagement ✔ Proximity to Educational Institutions

Cons

✘ Limited Retail Space ✘ Higher Rent Costs ✘ Seasonal Foot Traffic

Shopper Profile

• Local Families and Students: Frequent park and surrounding shops • Preferences: Quaint cafes, niche boutiques • Landlords: Mostly local ownership

Successful Retail Uses:
Cafes, Local Shops, Niche Boutiques
About Location
A lush retreat within urban bounds, St Nicolas Park’s vicinity draws in local families and students alike. While the park itself is a respite, surrounding areas buzz with quaint cafes and niche boutiques. Rents here are reasonable, with local landlords holding most of the keys.
Household Income in Trade Area: $70,000
Retail Sales in Trade Area: $40 million
Population in Trade Area: 400,000
Occupancy
Tenant Sales per Square Foot: $100
Occupancy Rate: 92%
Anchor Tenants: None
Tenant Rent/Sales Ratio (%): 45%
Rent $ / Visitor (relative cost of the foot traffic): $0.14
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Know Before You Go
Preferred ISP(s)
Verizon, Spectrum
Estimated Permit Timeline (weeks)
8-10
Landmarks Risk
Medium
Union Labor Disharmony Likelihood
Medium
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Primary Landlord: NYC
Retail Type: Streets & Neighborhoods
Address: 2463 Frederick Douglass Blvd
New York City
New York
10027
United States
MSA: New York-Newark-Jersey City NY-NJ-PA

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