Executive Summary
AI-GeneratedLocated at 270 Park Avenue in the heart of New York City, this prime commercial property sits within a dynamic 3-mile trade area characterized by an affluent, highly educated professional demographic. With a median household income of $139,964 and 86% college educated population, the area presents exceptional opportunities for sophisticated, high-end retail and service tenants. The current business landscape reveals a diverse but strategically uneven market, with 966 businesses spanning multiple categories and significant potential for targeted tenant expansion.
The most compelling opportunities emerge in the restaurant, wellness, and professional service sectors, where substantial market gaps align perfectly with the area's demographic profile. An upscale cafe or restaurant represents the highest-potential tenant, with a remarkable 98/100 and 96/100 fit score respectively, driven by the area's high-income professionals seeking premium dining experiences. The veterinary and spa markets also show strong potential, with fit scores of 77/100 and 75/100, reflecting the neighborhood's demonstrated need for specialized professional services.
Report Information
Property
270 Park Ave, New York, NY 10017
Trade Area
3-mile radius
966 businesses analyzed
Generated
December 13, 2025
Generation Time
9.2s
90
Categories
10
Recommendations
39
Opportunities
6
Insights
Trade Area Map
3-mile radius around 270 Park Ave, New York, NY 10017
Showing 50 of 966 businesses
Demographics
Total Population
14,486
Median Household Income
$139,964
Median Age
41.2 years
College Educated
86.0%
Median Home Value
$850,100
Employment Rate
95.1%
Housing & Income Details
Total Households
9,155
Per Capita Income
$121,788
Avg Household Size
1.56
Homeownership Rate
31.0%
Source: US Census Bureau ACS 5-Year Estimates (2022) | Geography: ZCTA 10017
Tenant Mix Analysis
90
Categories
966
Total Businesses
Store
Top Category
Top 10 Categories
Category Groups
Retail
630
65.2%
Food & Dining
178
18.4%
Healthcare
55
5.7%
Home Services
27
2.8%
Other
26
2.7%
Automotive
13
1.3%
Gap Analysis
39
Opportunities
21
Balanced
30
Saturated
Top Opportunities
Restaurant
(Food & Dining)High-income area ($140K median) with only 9 restaurant options (gap score: 65)
Supply
12/100
Demand
77/100
Existing
9 locations
Beauty Salon
(Health & Beauty)High-income area ($140K median) with only 1 beauty salon options (gap score: 61)
Supply
4/100
Demand
65/100
Existing
1 locations
Hair Salon
(Health & Beauty)High-income area ($140K median) with only 2 hair salon options (gap score: 58)
Supply
7/100
Demand
65/100
Existing
2 locations
Italian Restaurant
(Food & Dining)High-income area ($140K median) with only 4 italian restaurant options (gap score: 56)
Supply
28/100
Demand
84/100
Existing
4 locations
Veterinary
(Healthcare)High-income area ($140K median) with only 2 veterinary options (gap score: 56)
Supply
35/100
Demand
91/100
Existing
2 locations
Saturated Markets
Convenience Store
13 locations competing for limited market share
Clothing Store
77 locations competing for limited market share
Bakery
31 locations competing for limited market share
Tenant Recommendations
10 opportunities identified
Cafe
Food & DiningTop RecommendationExcellent Fit
Restaurant
Food & DiningExcellent Fit
Veterinary
HealthcareGood Fit
Spa
Health & BeautyGood Fit
Coffee Shop
Food & DiningGood Fit
Key Insights
4
Opportunities
1
Warnings
1
Info
Restaurant shows strong unmet demand with a gap score of 65, indicating significant market opportunity.
2 categories show strong fit scores (80+), indicating multiple high-confidence tenant opportunities.
High-income area ($139,964 median) is underserved by upscale and premium options in restaurant and cafe.
High-income demographic ($139,964 median) creates strong purchasing power for quality-focused businesses.
Drug Store market is highly saturated with 8 existing locations competing for limited demand.
Diverse retail environment with 90 different business categories suggests mature, established trade area.
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