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Is 10016 a good location for a restaurant?

What public records measure around the center of ZIP 10016 in New York County, New York for a restaurant: households and income, jobs within reach, resident spending and the restaurants already mapped there. Whether a particular address fits is a question about that address; check one free below.

ZIP check

ZIP 10016, New York County, New York

Restaurant. Measured from the center of the ZIP, not an address. ZIP 10016 covers under a square mile, so its edges are about half a mile from the center. Jobs and competitors are counted within a mile of the center and resident spending within 3 miles; the household figures beside are for the whole ZIP. Checked Oct 17, 2026.

ZIP 10016
30,235 households
Median household income
$140,381
Residents
52,971
Restaurants with employees, 2023
179

What stands out

  1. A real daytime workforce within a short walk

    12,569Jobs
    86,490Households

    12,569 jobs are within a 5-minute walk (0.25 mile) and 232,412 within 10 minutes (0.5 mile), from Census workplace records for 2023.

  2. More nearby competition than most

    921Sit-down and casual restaurants
    110 ftNearest rival

    Overture's places data lists 921 sit-down and casual restaurants within half a mile (77 chain, 194 local multi-location and 650 independent) and 3,384 within a mile.

  3. What spending nearby can support

    $239KMiddle-case sales
    $2,000Rent the middle case supports

    Spending near the center of this ZIP supports an estimated $128,000 to $458,000 a year in sales for this business (middle case $239,000).

  4. 3rd Ave carries about 25,824 vehicles a day

    25,824Vehicles a day
    28,397Busiest road nearby

    The nearest counted roads are 3rd Ave, 25,824 vehicles a day (FHWA HPMS 2024), about 110 feet away; E 34th St, 15,510 vehicles a day (FHWA HPMS 2022), about 160 feet away; and Unnamed local road, 6,375 vehicles a day (FHWA HPMS 2017), about 370 feet away.

Measured around the center of ZIP 10016

Computed from public records at this location

What the center of ZIP 10016 can sell each year

Middle case$239K

Sales a year, planning range

Low case$128K
High case$458K
Rivals within 2 mi7,038
Healthy share for this business
6% to 10%
Base rent the ZIP center supports
$650 to $3,800 a month

Resident, worker and student spending near the ZIP center, shared among competitors by distance (Huff model). A planning range with stated assumptions, not a forecast.

Competition

Competitors within half a mile921

89th percentile for nearby competition among 64,060 similar businesses in the New York-Newark-Jersey City metro area

15.6× the metro median of 59
Within a quarter mile207
Within 1 mile3,384

Nearest competitors

  • Competitor 1IndependentAt this address
  • Competitor 2Local group80 ft
  • Competitor 6Independent90 ft
  • Competitor 7Independent100 ft
  • Competitor 8Independent110 ft

Overture Maps Foundation places, 2026-09-23.1. Listings, not verified hours or menus.

Jobs within walking distance

10-minute walk232,412

Jobs at workplaces within half a mile

5-minute walk12,569
Within 1 mile1,008,348
Office-type, half mile90,087

Largest employers within a 10-minute walk

  • Health care41,205
  • Professional services40,472
  • Education26,769
  • Administrative support25,409
  • Finance and insurance17,330

Census LEHD workplace records, jobs as of 2023. Straight-line distances. Office attendance is still roughly half to 60% of 2020 levels. Jobs are workplaces, not visits.

Traffic on nearby roads

Vehicles a day on 3Rd Ave25,824

Nearest counted road, 2024 count

Busiest nearby, 2Nd Ave28,397

Other counted roads nearby

  • E 34Th St160 ft15,510
  • Unnamed Local Road370 ft6,375
  • E 35Th St440 ft8,642
  • 2Nd Ave620 ft28,397

State DOT and FHWA annual average daily traffic, both directions. Vehicles, not foot traffic.

What an address adds

  • The free check of an addressThe same measurements within a short walk of one address in 10016: who lives and works right there, the competition on that block and the traffic on its road. No account.
  • The full reportFor one address: whether the rules allow a restaurant there, the rent the location supports against the asking rent, what has opened and closed nearby, and the questions to settle before signing.

Have an address in 10016 in mind?

Check the address free

The restaurant check reads the same public records at the address itself.

Sources: Overture Maps Foundation: Places (Overture Places release 2026-09-23.1); DoorWorthy demand model: resident, worker and student spending shared among competitors (ACS 2020-2024; 2020 Census; BLS CE 2024; prices 2026-08); U.S. Census Bureau: ACS (ACS 2020-2024 five-year estimates); U.S. Census Bureau Gazetteer: ZIP Code Tabulation Area center (ZCTA internal point; land area under a square mile); U.S. Census ACS households by income with BLS Consumer Expenditure Survey spending (ACS 2020-2024; 2020 Census; BLS CE 2024; prices 2026-08); FHWA Highway Performance Monitoring System (Annual average daily traffic, latest count 2024); U.S. Census Bureau: LEHD LODES workplace jobs (LODES8 workplace area characteristics, jobs as of 2023); U.S. Census Bureau ZIP Code Business Patterns 2023 (establishments with paid employees). Listings and counts are public records, not visits or sales in this ZIP.

Questions about ZIP 10016.

ZIP 10016 for another business