Monroe Avenue

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  • 1789 Monroe Ave The Bronx New York 10457 United States
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1REC's Take
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1REC's Take
Pros

✔ Affordable housing ✔ Proximity to public transport ✔ Diverse community

Cons

✘ High crime rates in some areas ✘ Limited upscale amenities ✘ Traffic congestion

Shopper Profile

✦ Local Residents: Long-time residents and new arrivals ✦ Preferences: Local dining, retail stores

About Location
Monroe Avenue is a residential street that features a few local stores and eateries catering to the local community. It has a neighborhood feel, and rental prices are generally moderate to low.
Trade Area Summary

Basic Demographics

Median Household Income: $42,564
Consumer Expenditure: $40,916,535,250
Population: 1,668,304
Daytime Population: 952,424
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: Q – City Hopefuls (74%)
Segment #2: I – Young Urban Singles (16%)
Segment #3: P – Melting Pot Families (7%)
All Other Segments: 3%

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: $600
Occupancy Rate: 80%
Anchor Tenants: Monroe College, Various small businesses
Tenant Rent/Sales Ratio (%): 6.67% – 16.67%
Rent $ / Visitor: $12
Source Notes: Data sourced from public and private records.
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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Monroe Avenue
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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 1789 Monroe Ave
The Bronx
New York
10457
United States
Place Tags: Street
Retail Type: Streets & Neighborhoods

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