University Avenue

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  • 1707 University Ave The Bronx New York 10453 United States
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1REC's Take
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1REC's Take
Pros

✔ Close to major universities ✔ Good public transport ✔ Affordable housing options

Cons

✘ Safety concerns ✘ Limited upscale amenities ✘ High population density

Shopper Profile

✦ Students and Locals: Living nearby ✦ Preferences: Affordable dining, local shops

Successful Retail Uses:
Affordable Dining, Local Shops, Community Services
About Location
This avenue serves as one of the main commercial arteries near Bronx Community College. It features a mix of local stores, fast-food chains, and services targeting students and local residents. Rental prices are moderate.
Household Income in Trade Area: $60,000
Retail Sales in Trade Area: $585 million
Population in Trade Area: 250,000
Occupancy
Tenant Sales per Square Foot: $650
Occupancy Rate: 85%
Anchor Tenants: Bronx Community College, Various small businesses
Tenant Rent/Sales Ratio (%): 7.69% – 23.08%
Rent $ / Visitor (relative cost of the foot traffic): $12.86
Other Notes: Data sourced from public and private records.
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Preferred ISP(s)
Spectrum, Verizon
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Medium
Union Labor Disharmony Likelihood
Medium
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Primary Landlord: Street
Retail Type: Streets & Neighborhoods
Address: 1707 University Ave
The Bronx
New York
10453
United States
MSA: New York-Newark-Jersey City NY-NJ-PA

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