Manhattanville

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  • 615 W 131st St New York City New York 10027 United States
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1REC's Take
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1REC's Take
Pros

✔ Home to Columbia University’s expansion. ✔ Mix of old and new developments. ✔ Potential for investment opportunities.

Cons

✘ Ongoing construction and development. ✘ Limited retail and dining currently. ✘ Potential displacement from gentrification.

Shopper Profile

✦ Young Professionals: Living in nearby apartments ✦ Students: Attending local universities ✦ Preferences: Cafes, casual dining, local shops

About Location
A neighborhood in transition, Manhattanville melds its industrial past with a surge of new developments. The area, frequented by students and younger residents, offers a mix of local shops, eateries, and some larger retail anchors. Rents are diverse, reflecting its changing nature, with both local and emerging institutional landlords present.
Trade Area Summary

Basic Demographics

Median Household Income: $56,806
Consumer Expenditure: $48,580,088,898
Population: 1,731,234
Daytime Population: 1,290,193
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 (53%)
Segment #2: I – Young Urban Singles (25%)
Segment #3: G – Educated Urbanites (12%)
All Other Segments: 10%

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: 92%
Anchor Tenants: Columbia University
Tenant Rent/Sales Ratio (%): 16.67% – 33.33%
Rent $ / Visitor: $50 – $100
Source Notes: Data sourced from public and private records.
Availabilities
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Preferred ISP(s)
Spectrum, Verizon
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Medium
Union Labor Disharmony Likelihood
Medium
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Manhattanville
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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 615 W 131st St
New York City
New York
10027
United States
Place Tags: NYC
Retail Type: Streets & Neighborhoods

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