The Seaport

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  • 19 Fulton St New York City New York 10038 United States
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1REC's Take
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Occupancy
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1REC's Take
Pros

✔ High Foot Traffic ✔ Historical Charm ✔ Diverse Retail and Dining Options

Cons

✘ High Rent Costs ✘ Limited Parking ✘ Vulnerability to Flooding

Shopper Profile

✦ Tourists and locals: Enjoy waterfront views and maritime history ✦ Diverse: Mix of families, professionals, and visitors ✦ Preferences: Unique shops, dining, cultural events

About Location
An iconic waterfront district with maritime heritage, South Street Seaport combines old-world ambiance with modern amenities. With a mix of retail shops, restaurants, and cultural venues, it’s a destination for tourists and locals alike. Its range of tenants—from boutique to established—reflects its mix of high and moderate rents, governed by a few significant landlords.
Trade Area Summary

Basic Demographics

Median Household Income: $110,373
Consumer Expenditure: $28,255,605,314
Population: 711,940
Daytime Population: 1,290,130
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 (79%)
Segment #2: J – Sunset Boomers (10%)
Segment #3: I – Young Urban Singles (5%)
All Other Segments: 6%

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: $1,300
Occupancy Rate: 88%
Anchor Tenants: iPic Theaters, Pier 17
Tenant Rent/Sales Ratio (%): 15% – 31%
Rent $ / Visitor: $22.5 – $45
Source Notes: Data sourced from public and private records.
Destination Rents
Average Rent (psf): Please reach out to contact@1rec.co if you’d like to share rent comps!
Rent Range (psf): $200 – $400
Source Notes: Data sourced from public and private records.
Know Before You Go
Preferred ISP(s)
Verizon, Spectrum
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
High
Union Labor Disharmony Likelihood
Medium
Recommended Vendors' Links 🔗

Local Broker: Retail by MONA

Building Surveyor: DrafterMax

Permit Expeditor: Be Featured! Contact Us

Licensed Architect: Be Featured! Contact Us

Store Designer: Carina Miranda Studio

Real Estate Attorney: Be Featured! Contact Us

General Contractor: O'Leary Group

Photos
2022 09 12 Seaport MikeSzpot 57 1 2500x1667 3 768x512
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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 19 Fulton St
New York City
New York
10038
United States
Place Tags: NYC
Website
Retail Type: Streets & Neighborhoods

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