Pros
Cons
Shopper Profile
Successful Retail Uses:
The neon epicenter of New York City, Times Square is a pulsating hive that blends retail, entertainment, and spectacle like nowhere else. Attracting a broad swath of tourists and theatergoers, the area is flush with flagship stores from global brands to specialty shops. If you’re looking for high visibility—and have the budget to match—you won’t find a brighter spotlight. With skyrocketing rents and big players as landlords, this district is for brands ready to hit the high notes on Broadway and beyond. Feel the palpable energy as millennials snap selfies with street performers, while Gen Xers rush to catch the latest Broadway hit. Whether it’s your signage or your footfall, nothing shines brighter than retail in Times Square.
Household Income in Trade Area: $150,000
Retail Sales in Trade Area: $4 billion
Population in Trade Area: 300,000
Tenant Sales per Square Foot: $2,000
Occupancy Rate: 95%
Anchor Tenants: Disney Store, M&M’s World
Tenant Rent/Sales Ratio (%): 66.7% – 100%
Rent $ / Visitor (relative cost of the foot traffic): $80
Other Notes: Data sourced from public and private records.
Average Rent (psf): $395
Median Rent (psf): $298
Rent Range (psf): $298-$480
Rent Variability: High
Other Notes: Data provided by Retail by MONA, a New York based brokerage firm.
Preferred ISP(s)
Estimated Permit Timeline (weeks)
Landmarks Risk
Union Labor Disharmony Likelihood

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