Business Survivability in Elm Park, New York City
StreetSpring's 2026 analysis finds that the best business to open in Elm Park is a Physical Therapy Clinic with a ~84% 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 Physical Therapy Clinic in Elm Park (~84% average survival rate, ~86% at best locations)
- Neighborhood rank: #180 across all neighborhoods in and around New York City
- Neighborhood average: ~77% two-year survival across all business types
- 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: September 2026 by Robert Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Elm 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 Elm Park is a Physical Therapy Clinic with a ~84% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~86% chance; next is a Dermatology Clinic with a 83.30% chance, followed by a Veterinary Clinic with a 82.50% chance.
Is Elm Park a good place to start a business?
Across all neighborhoods in and around New York City, StreetSpring's data places Elm Park at #180 with a ~77% average Survivability Score.
- The most promising business types in the best locations score a ~6% higher chance of surviving 2 years than the average.
- Still, those same business types at weaker addresses in Elm Park can score well below the neighborhood mean. Even the most viable concept here requires the right address to reach its potential.
- The 6.8% commercial vacancy rate in Elm Park is a leading indicator of the neighborhood's business health; StreetSpring factors this directly into each business type's survivability score.
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 Elm Park?
StreetSpring's address-level analysis reveals which specific storefronts in Elm Park offer the strongest survivability odds for your business type. StreetSpring's 2026 analysis identifies this area as the top location for a Physical Therapy Clinic in Elm Park:
This map shows the optimal location for a Physical Therapy Clinic in Elm Park based on StreetSpring's 2026 survivability analysis. These figures represent averages across a neighborhood; your specific address may score meaningfully higher or lower depending on block-level competitive conditions. The prediction model incorporates hundreds of location-specific factors, including competitive density, forecasted consumer spending, mobility patterns, and Revenue Capture Score.
Check if this location is still available →
What are the best businesses to open in Elm Park?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Physical Therapy Clinic | 85.30% |
| 2 | Dermatology Clinic | 84.50% |
| 3 | Veterinary Clinic | 83.20% |
| 4 | Italian Restaurant | 81.80% |
| 5 | Bar | 81.79% |
| 6 | Gym | 79.50% |
| 7 | Cafe | 79.49% |
| 8 | Thai Restaurant | 79.48% |
| 9 | Acupuncture Clinic | 79.39% |
| 10 | Liquor Store | 79.00% |
#1-5: Highest Survivability in Elm Park
- Physical Therapy Clinic is ranked #1 for top businesses to open in Elm Park: 84.30% chance on average, best at ~86%, challenging at ~81%.
- Dermatology Clinic: ~81% to ~85% survivability range, with an average of 83.30% across Elm Park.
- Opening a Veterinary Clinic in Elm Park shows 82.50% average survivability. Top locations reach ~85%; lower-end sites show ~80%.
- Italian Restaurant (Ranked #4): 79.70% average in Elm Park. Best-case storefronts: ~82%. Challenging locations: ~77%.
- Bar is ranked #5 for top businesses to open in Elm Park: 78.90% chance on average, best at ~83%, challenging at ~76%.
#6-10: Strong Performers in Elm Park
- Gym: ~77% to ~81% survivability range, with an average of 78.70% across Elm Park.
- Opening a Cafe in Elm Park shows 78.60% average survivability. Top locations reach ~82%; lower-end sites show ~76%.
- Thai Restaurant (Ranked #8): 78.60% average in Elm Park. Best-case storefronts: ~80%. Challenging locations: ~78%.
- Acupuncture Clinic is ranked #9 for top businesses to open in Elm Park: 78.59% chance on average, best at ~80%, challenging at ~77%.
- Liquor Store: ~77% to ~80% survivability range, with an average of 78.30% across Elm Park.
Top 3 Compared Nationally
- Physical Therapy Clinic: See how this compares to other cities →
- Dermatology Clinic: See how this compares to other cities →
- Veterinary Clinic: See how this compares to other cities →
How much money could a business in Elm Park make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, securing a location with maximum Revenue Capture potential in Elm Park could lead to you making ~6% more than if you selected an average location, and ~19% more than if you selected one of the worst locations.
How StreetSpring calculates location value
- StreetSpring calculates survivability for each business type separately at each address, so the best location for your concept may differ from the neighborhood's overall top-ranked site.
- Among all variables that affect business outcomes, location has the highest predictive weight in our models.
- Businesses in high-scoring locations consistently outperform those in average or low-scoring sites.
- StreetSpring analyzes your specific address against comparable businesses to forecast success.
What businesses should open next in Elm Park?
The top businesses to open next in Elm Park:
- Physical Therapy Clinics: 84.30% average survival rate, ~86% at the best address
- Dermatology Clinics: 83.30% average survival rate
- Veterinary Clinics: 82.50% average survival rate
These figures represent averages across a neighborhood; your specific address may score meaningfully higher or lower depending on block-level competitive conditions. StreetSpring has analyzed hundreds of thousands of business outcomes across major U.S. metros. 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. The survivability rankings for Elm Park are grounded in real economic conditions: 92.9% employment and 6.8% vacancy are among the key inputs that separate high-scoring locations from low-scoring ones here. StreetSpring refreshes survivability scores every week to reflect new competition and updated spending data: see which locations in Elm Park are available right now and how they rank.
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 Physical Therapy Clinic survivability across New York City neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Elm Park.
What type of business should you rent your Elm Park storefront to?
If you own commercial space in Elm Park, StreetSpring's 2026 data points to Physical Therapy Clinics, Dermatology Clinics, and Veterinary Clinics as the tenant types with the strongest projected longevity at this location.
- Among all variables that affect business outcomes, location has the highest predictive weight in our models.
- StreetSpring analyzes your specific address against comparable businesses to forecast success. StreetSpring's tool, free for a 10-minute trial, lets you check the survivability score for any business type at any address in Elm Park: a powerful filter when evaluating prospective tenants.
Related: See How Landlord Representatives in New York City Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Elm Park storefront to a Physical Therapy Clinic?
The data shows a Physical Therapy Clinic is the safest long-term bet for an Elm Park storefront. Top locations reach ~86% survivability; the least favorable addresses in this neighborhood score around ~81%.
- StreetSpring analyzes your specific address against comparable businesses to forecast success.
What should I consider when opening a business in Elm Park?
Location decisions in Elm Park should be grounded in Survivability Score data, not intuition. The score directly measures the competitive and spending conditions at your exact address.
- Among all the inputs that shape survivability, Revenue Capture Score carries the most predictive weight.
- StreetSpring's in-house models are trained on 570,000+ real business outcomes.
- Check StreetSpring's current survivability data for any address in Elm Park, starting with a free 10-minute trial.
See the best place for your business at StreetSpring.
StreetSpring uses AI to predict business survivability across U.S. neighborhoods, trusted by real estate professionals and entrepreneurs nationwide. 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.