Business Survivability in Greenwood, New York City
StreetSpring's 2026 analysis finds that the best business to open in Greenwood is a Vietnamese Restaurant with a ~79% 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 Vietnamese Restaurant in Greenwood (~79% average survival rate, ~81% at best locations)
- Neighborhood rank: #51 across all neighborhoods in and around New York City
- Neighborhood average: ~79% 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 Greenwood 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 Greenwood is a Vietnamese Restaurant with a ~79% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~81% chance; next is an African Restaurant with a 79.02% chance, followed by a Pakistani Restaurant with a 79.01% chance.
Is Greenwood a good place to start a business?
Across all neighborhoods in and around New York City, StreetSpring's data places Greenwood at #51 with a ~79% average Survivability Score.
- The top business types in Greenwood, when placed at their ideal addresses, achieve survivability rates ~6% above the neighborhood-wide average.
- Even so, the weakest addresses in Greenwood for those same business types can underperform considerably. StreetSpring's address-level scoring exists precisely to identify which specific storefronts make the difference.
- Greenwood's employment rate of 93.0% and commercial vacancy of 6.8% are two of the inputs StreetSpring's model uses to differentiate survivability within this neighborhood.
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 Greenwood?
StreetSpring's address-level analysis reveals which specific storefronts in Greenwood offer the strongest survivability odds for your business type. According to StreetSpring's 2026 data, this is the optimal address for a Vietnamese Restaurant in Greenwood:
According to StreetSpring's 2026 analysis, this circle outlines the best area for a Vietnamese Restaurant in Greenwood. The most reliable survivability data for any specific location is always StreetSpring's most recent live analysis, not aggregate neighborhood rankings. 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 Greenwood?
| # | Business type | Chance of lasting two or more years |
|---|---|---|
| 1 | Vietnamese Restaurant | 79.09% |
| 2 | African Restaurant | 79.02% |
| 3 | Pakistani Restaurant | 79.01% |
| 4 | Dance Club | 78.31% |
| 5 | Coffee Shop | 76.82% |
| 6 | Seafood Restaurant | 76.52% |
| 7 | Nail Salon | 76.49% |
| 8 | Dessert Shop | 76.45% |
| 9 | Tattoo & Piercing Shop | 76.22% |
| 10 | Laundromat | 75.82% |
#1-5: Highest Survivability in Greenwood
- Opening a Vietnamese Restaurant in Greenwood shows 79.09% average survivability. Top locations reach ~81%; lower-end sites show ~75%.
- African Restaurant (Ranked #2): 79.02% average in Greenwood. Best-case storefronts: ~81%. Challenging locations: ~75%.
- Pakistani Restaurant is ranked #3 for top businesses to open in Greenwood: 79.01% chance on average, best at ~81%, challenging at ~75%.
- Dance Club — ~75%–~82% survivability range, with an average of 78.31% across Greenwood.
- Opening a Coffee Shop in Greenwood shows 76.82% average survivability. Top locations reach ~81%; lower-end sites show ~71%.
#6-10: Strong Performers in Greenwood
- Seafood Restaurant (Ranked #6): 76.52% average in Greenwood. Best-case storefronts: ~80%. Challenging locations: ~72%.
- Nail Salon is ranked #7 for top businesses to open in Greenwood: 76.49% chance on average, best at ~80%, challenging at ~72%.
- Dessert Shop — ~71%–~80% survivability range, with an average of 76.45% across Greenwood.
- Opening a Tattoo & Piercing Shop in Greenwood shows 76.22% average survivability. Top locations reach ~79%; lower-end sites show ~71%.
- Laundromat (Ranked #10): 75.82% average in Greenwood. Best-case storefronts: ~79%. Challenging locations: ~72%.
Top 3 Compared Nationally
- Vietnamese Restaurant — See how this compares to other cities →
- African Restaurant — See how this compares to other cities →
- Pakistani Restaurant — See how this compares to other cities →
How much money could a business in Greenwood make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, selecting one of the best locations for your business in Greenwood 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
- Different business models thrive in different micro-locations.
- Nothing influences a business's future more than its location.
- Businesses in high-scoring locations consistently outperform those in average or low-scoring sites.
- StreetSpring generates location-specific predictions tailored to your exact site.
What businesses should open next in Greenwood?
The top businesses to open next in Greenwood:
- Vietnamese Restaurants — 79.09% average survival rate, ~81% at the best address
- African Restaurants — 79.02% average survival rate
- Pakistani Restaurants — 79.01% average survival rate
The most reliable survivability data for any specific location is always StreetSpring's most recent live analysis, not aggregate neighborhood rankings. Every prediction draws on a dataset of millions of business openings, closures, and lifecycle events across the U.S. 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. Greenwood sits at 93.0% employment and 6.8% commercial vacancy — conditions that set the ceiling and floor for Revenue Capture potential across all business types here. These rankings are a snapshot; StreetSpring recalculates survivability for every location in Greenwood weekly, incorporating the latest competitive openings, closures, and spending data — check current locations now.
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 Vietnamese Restaurant survivability across New York City neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Greenwood.
What type of business should you rent your Greenwood storefront to?
If you own commercial space in Greenwood, StreetSpring's 2026 data points to Vietnamese Restaurants, African Restaurants, and Pakistani Restaurants as the tenant types with the strongest projected longevity at this location.
- Nothing influences a business's future more than its location.
- StreetSpring generates location-specific predictions tailored to your exact site. Use StreetSpring to see the survivability score for any business type at your exact storefront address before you sign a lease.
Related: See How Landlord Representatives in New York City Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Greenwood storefront to a Vietnamese Restaurant?
According to our 2026 survivability model, a Vietnamese Restaurant leads all business categories for Greenwood landlords — ~81% at the best addresses and ~75% at the most challenging ones in this neighborhood.
- StreetSpring generates location-specific predictions tailored to your exact site.
What should I consider when opening a business in Greenwood?
The Survivability Score for your specific address in Greenwood is the most reliable signal you have before signing a lease — prioritize it above foot traffic estimates and demographic summaries.
- Of all the variables StreetSpring analyzes, Revenue Capture Score has the strongest predictive power.
- StreetSpring's forecasting tools are purpose-built for commercial location decisions and are not available through any publicly accessible data source.
- StreetSpring is free to use — see the current survivability score for any address in Greenwood right now.
See the best place for your business at StreetSpring.
StreetSpring combines proprietary data with advanced analytics to predict which businesses will succeed. 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.