Financial District

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  • 26 Wall St New York City New York 10005 United States
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1REC's Take
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Occupancy
Rents
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1REC's Take
Pros

✔ Major economic hub ✔ Historic landmarks ✔ High foot traffic

Cons

✘ Busy and congested ✘ High cost of living ✘ Limited residential amenities

Shopper Profile

✦ Professionals: High-income earners in finance and corporate ✦ Tourists: Visiting landmarks and historical sites ✦ Preferences: Upscale dining, luxury retail, business services

About Location
Where the pulse of global finance meets city living, the Financial District attracts a bustling crowd of professionals. By day, its streets are busy with suits, and by night, a mix of residents explore its upscale restaurants and shops. Premium rents are the norm here, reflecting its prime status, with institutional landlords dominating the landscape.
Trade Area Summary

Basic Demographics

Median Household Income: $109,461
Consumer Expenditure: $21,589,134,457
Population: 559,495
Daytime Population: 1,046,947
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

Segment #1: G – Educated Urbanites (91%)
Segment #2: A – Ultra Wealthy Families (5%)
Segment #3: H – Young Professionals (3%)
All Other Segments: 0%

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: $1,500
Occupancy Rate: 95%
Anchor Tenants: Saks Fifth Avenue, Equinox
Tenant Rent/Sales Ratio (%): 13.3% – 26.7%
Rent $ / Visitor: $26.67 – $53.33
Source Notes: Data sourced from public and private records.
Destination Rents
Average Rent (psf): $141
Median Rent (psf): $120
Rent Range (psf): $120-$156
Rent Variability: High
Source Notes: Data provided by Retail by MONA, a New York based brokerage firm.
Availabilities
Know Before You Go
Preferred ISP(s)
Spectrum, Verizon Fios
Estimated Permit Timeline (weeks)
8-10
Landmarks Risk
High
Union Labor Disharmony Likelihood
Medium
Recommended Vendors' Links 🔗

Local Broker: Retail by MONA

Building Surveyor: Be Featured! Contact Us

Permit Expeditor: Be Featured! Contact Us

Licensed Architect: Prose Architecture

Store Designer: Be Featured! Contact Us

Real Estate Attorney: Be Featured! Contact Us

General Contractor: O'Leary Group

Recommended Vendors' Links 🔗

Local Broker: Retail by MONA

Building Surveyor: Be Featured! Contact Us

Permit Expeditor: Be Featured! Contact Us

Licensed Architect: Prose Architecture

Store Designer: Be Featured! Contact Us

Real Estate Attorney: Be Featured! Contact Us

General Contractor: O'Leary Group

Experienced Vendors
Financial District
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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 26 Wall St
New York City
New York
10005
United States
Place Tags: NYC
Retail Type: Streets & Neighborhoods

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