Yorkville

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  • 1715 1st Ave New York City New York 10128 United States
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1REC's Take
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Occupancy
Rents
Availabilities
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1REC's Take
Pros

✔ Strong sense of community. ✔ Diverse dining options. ✔ Close to Carl Schurz Park.

Cons

✘ Rising rental prices. ✘ Limited nightlife. ✘ Construction noise from ongoing developments.

Shopper Profile

✦ Young Families: Residents with children ✦ Professionals: Working in nearby offices ✦ Preferences: Parks, schools, casual dining

About Location
Once a melting pot of cultures, Yorkville retains its diverse roots while welcoming new urbanites. Its streets are lined with a mix of traditional eateries, modern cafes, and local boutiques. Rents vary but lean towards the affordable side for the UES, with a blend of long-time local landlords and some corporate presence.
Trade Area Summary

Basic Demographics

Median Household Income: $74,140
Consumer Expenditure: $47,331,510,538
Population: 1,460,596
Daytime Population: 1,528,536
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 (20%)
Segment #3: J – Sunset Boomers (7%)
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.

Occupancy
Tenant Sales per Square Foot: $700
Occupancy Rate: 93%
Anchor Tenants: Fairway Market, Whole Foods
Tenant Rent/Sales Ratio (%): 14.3% – 28.6%
Rent $ / Visitor: $26 – $52
Source Notes: Data sourced from public and private records.
Destination Rents
Average Rent (psf): $59
Median Rent (psf): $59
Rent Range (psf): $59-$59
Rent Variability: Low
Source Notes: Data provided by Retail by MONA, a New York based brokerage firm.
Availabilities
Know Before You Go
Preferred ISP(s)
Spectrum, Verizon
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Medium
Union Labor Disharmony Likelihood
Medium
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Yorkville
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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 1715 1st Ave
New York City
New York
10128
United States
Place Tags: NYC
Retail Type: Streets & Neighborhoods

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