Pros
Cons
Shopper Profile
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.

Basic Demographics

Median Household Income: $136,167
Consumer Expenditure: $33,981,331,919
Population: 741,061
Daytime Population: 1,893,352
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 (60%)
Segment #2: I – Young Urban Singles (18%)
Segment #3: Q – City Hopefuls (13%)
All Other Segments: 9%

Source Notes: Segment data reflects 0.25mi radius and is provided by Spatial.ai, an AI-Powered segmentation platform for retail marketers.

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: $80
Source Notes: Data sourced from public and private records.
Average Rent (psf): $395
Median Rent (psf): $298
Rent Range (psf): $298-$480
Rent Variability: High
Source 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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