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

Successful Retail Uses:
Upscale Retail, Dining, Cultural Institutions
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.
Household Income in Trade Area: $130,000
Retail Sales in Trade Area: $2.2 billion
Population in Trade Area: 250,000
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 (relative cost of the foot traffic): $36.67 – $73.33
Other Notes: Data sourced from public and private records.
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Destination Rents
Average Rent (psf): $199
Median Rent (psf): $158
Rent Range (psf): $158-$239
Rent Variability: High
Other 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

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