Market overview for restaurant operators evaluating Union Square, Manhattan.
Walker's Paradise
Excellent Transit
Median household income
The crossroads of downtown Manhattan. Greenmarket energy, diverse foot traffic, and strong restaurant demand year-round.
Union Square is located in Manhattan and offers average commercial rents of $100-160/sf per square foot annually. The neighborhood's central, energetic character makes it suitable for restaurant concepts that align with the local demographics and foot traffic patterns.
With a population of approximately 32,000 and median rent of $3,200/month, Union Square provides a strong residential base for restaurant operators. The area has 850 active businesses, indicating a mature commercial environment.
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