Business Survivability in Borough Park, New York City
StreetSpring's 2026 analysis finds that the best business to open in Borough Park is a Laundromat with a 79.7% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- Best business: a Laundromat in Borough Park (79.7% Typical, 88.8% Best)
- Neighborhood rank: #38 of 180 neighborhoods in and around New York City
- Neighborhood average: 67.2% two-year survival across the business types ranked here
- Coverage: This ranking carries one row per business type and neighborhood. Its score is the projected chance of lasting two or more years, averaged across the price points StreetSpring scores separately in the tool (most types have 5). The 10 business types here are base types; the tool offers 500+ business types, counting each type at each of its price points.
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: November 2026 by Robert Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Borough Park 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 Borough Park is a Laundromat with a 79.7% chance of surviving at least 2 years across the neighborhood on average, and 88.8% Best; next is a Convenience Store with 88.7% Best, followed by a Cafe with 88.6% Best.
Is Borough Park a good place to start a business?
Among the 180 neighborhoods StreetSpring ranks in and around New York City, Borough Park ranks #38 for business survivability, with an average 67.2% chance of lasting two or more years.
- For the top-ranked business type, 88.8% Best is 9.1 points above 79.7% Typical in Borough Park.
- But these same concepts at less optimal addresses within Borough Park can score meaningfully below average. Survivability data shows that even the highest-demand business types fail at the wrong location.
- The 13.4% housing vacancy rate in Borough Park comes from the Census American Community Survey and describes homes and apartments, not shops or offices.
Employment and housing vacancy figures sourced from the U.S. Census Bureau American Community Survey.
How can you find the best location to open a business in Borough Park?
StreetSpring's model evaluates every available address in Borough Park for your business type, ranking them by survivability so the best storefront is always identifiable. According to StreetSpring's 2026 data, this is the optimal address for a Laundromat in Borough Park:
According to StreetSpring's 2026 analysis, this circle outlines the best area for a Laundromat in Borough Park. Competition and spending patterns shift constantly; StreetSpring's live tool reflects the most current conditions for any specific address. StreetSpring's prediction model analyzes hundreds of 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 Borough Park?
| Rank | Business type | Best | Typical | Worst |
|---|---|---|---|---|
| 1 | Laundromat | 88.8% | 79.7% | 74.1% |
| 2 | Convenience Store | 88.7% | 78.9% | 73.6% |
| 3 | Cafe | 88.6% | 77.8% | 71.9% |
| 4 | Clothing Store | 88.4% | 78.7% | 73.3% |
| 5 | Chiropractor Office | 88.4% | 82.1% | 75.9% |
| 6 | Hair Salon | 83.6% | 72.8% | 64.6% |
| 7 | Dentist Office | 83.5% | 76.7% | 69.8% |
| 9 | Mental Health Clinic | 82.8% | 75.4% | 68.1% |
| 12 | Coffee Shop | 82.7% | 71.8% | 63.0% |
| 14 | Spa | 80.1% | 71.8% | 64.4% |
Best and Worst are the average results for the better and the worse of two addresses picked at random in the place: a weighted average of every scored location in which the best locations count the most for Best and the weakest count the most for Worst. Typical is the average address. Best is shown for a smaller space (half the standard size) and Worst for a larger one (half again as large), at the metro's median asking rent, using the same rent rule as our tool; Typical is at the market rent.
The rank column is the published file's rank within this place; a skipped number is a business type the file ranks here that this list leaves out to keep any one business family from filling it.
Highest Survivability in Borough Park
- #1 Laundromat (Ranked #1): 79.7% Typical in Borough Park. Best: 88.8%. Worst: 74.1%.
- #2 Convenience Store is ranked #2 for top businesses to open in Borough Park: 78.9% Typical, 88.7% Best, 73.6% Worst.
- #3 Cafe: 77.8% Typical across Borough Park; Best 88.6%, Worst 71.9%.
- #4 Opening a Clothing Store in Borough Park shows 78.7% Typical survivability, 88.4% Best and 73.3% Worst.
- #5 Chiropractor Office (Ranked #5): 82.1% Typical in Borough Park. Best: 88.4%. Worst: 75.9%.
Strong Performers in Borough Park
- #6 Hair Salon is ranked #6 for top businesses to open in Borough Park: 72.8% Typical, 83.6% Best, 64.6% Worst.
- #7 Dentist Office: 76.7% Typical across Borough Park; Best 83.5%, Worst 69.8%.
- #9 Opening a Psychiatry or Psychology Practice in Borough Park shows 75.4% Typical survivability, 82.8% Best and 68.1% Worst.
- #12 Coffee Shop (Ranked #12): 71.8% Typical in Borough Park. Best: 82.7%. Worst: 63.0%.
- #14 Spa is ranked #14 for top businesses to open in Borough Park: 71.8% Typical, 80.1% Best, 64.4% Worst.
Top 3 Compared Nationally
- Laundromat: See how this compares to other cities →
- Convenience Store: See how this compares to other cities →
- Cafe: See how this compares to other cities →
How much money could a business in Borough Park make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, choosing a high-performing site for your concept in Borough Park starts with the Revenue Capture Score, the most important factor in choosing a location: StreetSpring's estimate of the revenue a business can capture at that address.
How StreetSpring calculates location value
- Site selection requires evaluating the specific combination of your business type and the exact address: neighborhood-level data is only the starting point.
- Where you open is a decision you can measure before you sign.
- StreetSpring's Revenue Capture Score, the revenue a business can capture at a specific address, is the factor that matters most when comparing locations.
- StreetSpring scores blocks across each neighborhood and city so you can compare a business's two-year chance between them.
What businesses should open next in Borough Park?
The top businesses to open next in Borough Park:
- Laundromats: 79.7% Typical, 88.8% Best
- Convenience Stores: 78.9% Typical, 88.7% Best
- Cafes: 77.8% Typical, 88.6% Best
Competition and spending patterns shift constantly; StreetSpring's live tool reflects the most current conditions for any specific address. StreetSpring's training dataset includes millions of transactions and business lifecycle events. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool. Borough Park's employment rate (92.0%) and housing vacancy rate (13.4%) are part of the Census context StreetSpring's model reads when it scores each business type at each address. StreetSpring regularly updates survivability scores for available locations: check the live tool now to see which storefronts in Borough Park are currently available and how they score.
See the Survivability Score for your new business
Related Articles:
- See the New York City Business Survivability Rankings
- See the New York City Neighborhood Survivability Rankings
- Explore Laundromat survivability across New York City neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Borough Park.
What type of business should you rent your Borough Park storefront to?
Our 2026 survivability data for Borough Park shows that Laundromats, Convenience Stores, and Cafes rank as the top tenant categories for minimizing vacancy risk.
- Where you open is a decision you can measure before you sign.
- StreetSpring scores blocks across each neighborhood and city so you can compare a business's two-year chance between them. Landlords can use StreetSpring to match their exact address to the tenant types most likely to stay open and paying rent for two or more years.
Related: See How Landlord Representatives in New York City Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Borough Park storefront to a Laundromat?
Yes. Among all business types analyzed for Borough Park in 2026, a Laundromat ranks first, at 88.8% Best and 74.1% Worst, making it the most reliable tenant choice here.
- StreetSpring scores blocks across each neighborhood and city so you can compare a business's two-year chance between them.
What should I consider when opening a business in Borough Park?
Before committing to any location in Borough Park, the highest-priority metric to check is the Survivability Score: it encodes every relevant location factor into a single, actionable number.
- The single most important number in a location decision is the Revenue Capture Score, StreetSpring's proprietary estimate of the revenue a business can capture at a specific address.
- Every survivability score is produced by StreetSpring's private prediction engine, not available through any other platform.
- Start with a free 10-minute trial: check the current survivability score for any Borough Park address on StreetSpring.
See the best place for your business at StreetSpring.
StreetSpring analyzes millions of data points with AI to forecast business survivability. Aggregated survivability rankings for New York City are available in machine-readable format for research and integration purposes.
Full dataset for New York City: /resources/data/new-york-city-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.