Greenwich Village

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  • 35 W 9th St New York City New York 10011 United States
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1REC's Take
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Occupancy
Rents
Availabilities
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1REC's Take
Pros

✔ Artistic and cultural scene ✔ Numerous parks and green spaces ✔ Walkable neighborhood

Cons

✘ Expensive real estate ✘ Limited parking ✘ Touristy areas

Shopper Profile

✦ Affluent Residents: Mix of Long-time locals and newcomers ✦ Students and Tourists: NYU and cultural attractions ✦ Preferences: Boutique shops, cafes, cultural venues

About Location
The birthplace of counterculture and a beacon of creativity, Greenwich Village captivates with its historic charm. Frequented by a diverse crowd, its streets showcase boutique shops, legendary music venues, and quaint cafes. Rents here can be high due to its iconic status, with a mix of longstanding local landlords and corporate entities.
Trade Area Summary

Basic Demographics

Median Household Income: $121,968
Consumer Expenditure: $22,586,981,185
Population: 517,518
Daytime Population: 1,548,749
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 (64%)
Segment #2: A – Ultra Wealthy Families (33%)
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: $900
Occupancy Rate: 92%
Anchor Tenants: Whole Foods, Apple Store
Tenant Rent/Sales Ratio (%): 16.7% – 33.3%
Rent $ / Visitor: $36 – $72
Source Notes: Data sourced from public and private records.
Destination Rents
Average Rent (psf): $196
Median Rent (psf): $149
Rent Range (psf): $149-$192
Rent Variability: Medium
Source Notes: Data provided by Retail by MONA, a New York based brokerage firm.
Availabilities
Know Before You Go
Preferred ISP(s)
Spectrum, Verizon, RCN
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
High
Union Labor Disharmony Likelihood
Medium
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Greenwich Village
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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 35 W 9th St
New York City
New York
10011
United States
Place Tags: NYC
Website
Retail Type: Streets & Neighborhoods

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