Randalls & Ward Islands

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  • 7 Wards Is New York City New York 10035 United States
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1REC's Take
About
Occupancy
Availabilities
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1REC's Take
Pros

✔ Ample green space ✔ Recreational facilities ✔ Scenic views

Cons

✘ Limited commercial activity ✘ Accessibility issues ✘ High noise from events

Shopper Profile

✦ Diverse Visitors: Enjoying recreational activities ✦ Local Residents: Living on the islands ✦ Preferences: Parks, sports facilities, local dining

About Location
Primarily recreational and institutional spaces, these islands have limited commercial activity. However, surrounding waterside areas might offer eateries and shops for visitors and athletic enthusiasts. Rents on the mainland nearby reflect its less commercial nature, with various landlord types involved.
Trade Area Summary

Basic Demographics

Median Household Income: $54,192
Consumer Expenditure: $66,859,083,378
Population: 2,373,620
Daytime Population: 1,663,947
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

Occupancy
Tenant Sales per Square Foot: $100
Occupancy Rate: 90%
Anchor Tenants: Icahn Stadium, Sportime Tennis
Tenant Rent/Sales Ratio (%): 10% – 20%
Rent $ / Visitor: $66.67 – $133.33
Source Notes: Data sourced from public and private records.
Availabilities
Know Before You Go
Preferred ISP(s)
Spectrum, Verizon
Estimated Permit Timeline (weeks)
8-12
Landmarks Risk
Low
Union Labor Disharmony Likelihood
Low
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Randalls & Ward Islands
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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 7 Wards Is
New York City
New York
10035
United States
Place Tags: NYC
Retail Type: Streets & Neighborhoods

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