Upper West Side

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  • 175 W 85th St New York City New York 10024 United States
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1REC's Take
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1REC's Take
Pros

✔ Prestigious residential area. ✔ Abundant cultural institutions, including museums and theaters. ✔ Green spaces with Central Park and Riverside Park.

Cons

✘ High cost of living ✘ Heavy foot traffic ✘ Competitive real estate market

Shopper Profile

✦ Affluent Residents: High-income families and professionals ✦ Tourists: Visiting museums and cultural sites ✦ Preferences: Upscale retail, dining

About Location
With Central Park on one side and Riverside Park on the other, the UWS is an urban dweller’s dream. Home to families, creatives, and professionals, its retail scene combines gourmet food shops, boutique stores, and iconic cultural venues. The rental landscape is premium, with a balance of seasoned local landlords and corporate entities.
Trade Area Summary

Basic Demographics

Median Household Income: $85,810
Consumer Expenditure: $42,858,667,426
Population: 1,250,766
Daytime Population: 1,410,851
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 (56%)
Segment #2: A – Ultra Wealthy Families (42%)
Segment #3: J – Sunset Boomers (2%)
All Other Segments: 1%

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: $1,100
Occupancy Rate: 94%
Anchor Tenants: Lincoln Center, American Museum of Natural History
Tenant Rent/Sales Ratio (%): 18.18% – 36.36%
Rent $ / Visitor: $36.67 – $73.33
Source Notes: Data sourced from public and private records.
Destination Rents
Average Rent (psf): $199
Median Rent (psf): $158
Rent Range (psf): $158-$239
Rent Variability: High
Source Notes: Data provided by Retail by MONA, a New York based brokerage firm.
Know Before You Go
Preferred ISP(s)
Spectrum, Verizon Fios
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Medium
Union Labor Disharmony Likelihood
Medium
Recommended Vendors' Links 🔗

Local Broker: Retail by MONA

Building Surveyor: DrafterMax

Permit Expeditor: Paul Fusco Consulting

Licensed Architect: Prose Architecture

Store Designer: Carina Miranda Studio

Real Estate Attorney: Fentin Goldman

General Contractor: O'Leary Group

Photos
best co op building on the upper west side 1240x720 2 768x446
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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 175 W 85th St
New York City
New York
10024
United States
Place Tags: NYC
Website
Retail Type: Streets & Neighborhoods

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