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Shopper Profile
Successful Retail Uses:
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.
Household Income in Trade Area: $120,000
Retail Sales in Trade Area: $585 million
Population in Trade Area: 700,000
Tenant Sales per Square Foot: $1,300
Occupancy Rate: 88%
Anchor Tenants: iPic Theaters, Pier 17
Tenant Rent/Sales Ratio (%): 15% – 31%
Rent $ / Visitor (relative cost of the foot traffic): $22.5 – $45
Other Notes: Data sourced from public and private records.
Preferred ISP(s)
Estimated Permit Timeline (weeks)
Landmarks Risk
Union Labor Disharmony Likelihood

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