Business Survivability in Brooklyn, Baltimore
StreetSpring's 2026 analysis finds that the best business to open in Brooklyn is a Pet Boarding Facility with a ~82% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Best business: a Pet Boarding Facility in Brooklyn (~82% average survival rate, ~84% at best locations)
- Neighborhood rank: #18 across all neighborhoods in and around Baltimore
- Neighborhood average: ~73% two-year survival across all business types
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: April 2026 by Bobby Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Brooklyn a good place to start a business?
- How to find the best location
- Best businesses to open
- How much money could a business make?
- What businesses should open next?
- Frequently Asked Questions
Summary
StreetSpring's 2026 analysis finds that the best business to open in Brooklyn is a Pet Boarding Facility with a ~82% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~84% chance; next is a Kosher Restaurant with a ~82% chance, followed by a Singaporean Restaurant with a ~81% chance.
Is Brooklyn a good place to start a business?
StreetSpring ranks Brooklyn #18 among all analyzed neighborhoods in and around Baltimore, with a neighborhood-wide average survivability of ~73%.
- The highest-scoring business types in Brooklyn — at their optimal addresses — outperform the neighborhood average by ~2%.
- But at poorly chosen addresses within Brooklyn, even the top-ranked business types can fall well below the neighborhood average. Location selection remains critical — a promising concept at the wrong spot still carries significant risk.
- At 92.9% employed, Brooklyn's consumer base has the spending capacity that makes the neighborhood viable for a wide range of business types — though location selection within the neighborhood still determines actual survivability.
Employment and vacancy figures sourced from the U.S. Census Bureau American Community Survey.
How can you find the best location to open a business in Brooklyn?
Using StreetSpring, you can identify the exact address in Brooklyn that gives your specific business concept the highest survivability score. StreetSpring's 2026 analysis identifies this area as the top location for a Pet Boarding Facility in Brooklyn:
According to StreetSpring's 2026 analysis, this circle outlines the best area for a Pet Boarding Facility in Brooklyn. Static rankings can't capture every recent change in competition or foot traffic; StreetSpring's live platform provides the current score for your exact address. StreetSpring's prediction model analyzes 100 factors across competition, spending on the specific potential business, projected revenue, projected market share, Revenue Capture Score, mobility patterns, and many more.
Check if this location is still available →
What are the best businesses to open in Brooklyn?
#1-5: Highest Survivability in Brooklyn
- Pet Boarding Facility is ranked #1 for top businesses to open in Brooklyn: ~82% chance on average, best at ~84%, challenging at ~80%.
- Kosher Restaurant — ~80%–~84% survivability range, with an average of ~82% across Brooklyn.
- Opening a Singaporean Restaurant in Brooklyn shows ~81% average survivability. Top locations reach ~83%; lower-end sites show ~79%.
- American Restaurant (Ranked #4): ~81% average in Brooklyn. Best-case storefronts: ~82%. Challenging locations: ~79%.
- Filipino Restaurant is ranked #5 for top businesses to open in Brooklyn: ~81% chance on average, best at ~82%, challenging at ~79%.
#6-10: Strong Performers in Brooklyn
- Japanese / Sushi Restaurant — ~78%–~82% survivability range, with an average of ~80% across Brooklyn.
- Opening a Watch Store or Repair Shop in Brooklyn shows ~80% average survivability. Top locations reach ~83%; lower-end sites show ~78%.
- Pet Grooming Shop (Ranked #8): ~80% average in Brooklyn. Best-case storefronts: ~81%. Challenging locations: ~77%.
- Day Care Center is ranked #9 for top businesses to open in Brooklyn: ~80% chance on average, best at ~82%, challenging at ~77%.
- Music Store — ~77%–~82% survivability range, with an average of ~80% across Brooklyn.
Top 3 Compared Nationally
How much money could a business in Brooklyn make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, prioritizing survivability score in your site-selection process in Brooklyn could lead to you making ~2% more than if you selected an average location, and ~5% more than if you selected one of the worst locations.
How StreetSpring calculates location value
- Different business models thrive in different micro-locations.
- Location is the biggest factor in a business's future success.
- The businesses that outperform their category averages most consistently are those that scored highest on survivability before opening.
- Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually.
What businesses should open next in Brooklyn?
The top businesses to open next in Brooklyn:
- Pet Boarding Facilities — ~82% average survival rate, up to ~84% at best locations
- Kosher Restaurants — ~82% average survival rate
- Singaporean Restaurants — ~81% average survival rate
Static rankings can't capture every recent change in competition or foot traffic; StreetSpring's live platform provides the current score for your exact address. StreetSpring's accuracy is built on studying businesses that serve more than 180 million+ Americans across 24 cities. StreetSpring's model accounts for Brooklyn's 92.9% employment rate when projecting survivability — businesses reliant on discretionary spend benefit disproportionately in well-employed neighborhoods. Survivability scores are recalculated weekly as new competitors open and spending patterns shift — visit StreetSpring to see the current score for any open location in Brooklyn right now.
See the Survivability Score for your new business
Related Articles:
- See the Baltimore Business Survivability Rankings
- See the Baltimore Neighborhood Survivability Rankings
Frequently Asked Questions
Here are the most common questions about opening a business in Brooklyn.
What type of business should you rent your Brooklyn storefront to?
According to StreetSpring's 2026 data, the strongest tenant types for a storefront in Brooklyn are Pet Boarding Facilities, Kosher Restaurants, and Singaporean Restaurants.
- Location is the biggest factor in a business's future success.
- Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually. Rather than guessing which tenant type will last, landlords can verify survivability for each category at their exact address using StreetSpring.
Related: See How Landlord Representatives in Baltimore Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Brooklyn storefront to a Pet Boarding Facility?
StreetSpring's 2026 analysis strongly supports renting to a Pet Boarding Facility in Brooklyn: best-in-class addresses achieve ~84% survivability, and even the lower-end sites come in at ~80% — above average for most business types.
- Two storefronts on the same street can have survivability scores that differ by 20 points or more — StreetSpring calculates each one individually.
What should I consider when opening a business in Brooklyn?
Location decisions in Brooklyn should be grounded in Survivability Score data, not intuition. The score directly measures the competitive and spending conditions at your exact address.
- The most important driver of a high Survivability Score is the Revenue Capture Score for the business at the location it selects.
- StreetSpring's forecasting tools are purpose-built for commercial location decisions and are not available through any publicly accessible data source.
- You can access the most up-to-date forecasts with StreetSpring for free.
See the best place for your business at StreetSpring.
Powered by machine learning models trained on real business outcomes, StreetSpring delivers actionable insights. Aggregated survivability rankings for Baltimore are available in machine-readable format for research and integration purposes.
Full dataset for Baltimore: /resources/data/baltimore-survivability-scores-2026.csv — includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.