Business Survivability in Old Town, New York City

StreetSpring's 2026 analysis finds that the best business to open in Old Town is a Veterinary Clinic with a 88.9% chance of surviving at least 2 years across the neighborhood on average.

•13 min read

Quick Summary

  • Survivability Score: the projected chance a business type lasts two or more years at a specific address
  • Best business: a Veterinary Clinic in Old Town (88.9% Typical, 90.7% Best)
  • Neighborhood rank: #19 of 180 neighborhoods in and around New York City
  • Neighborhood average: 72.5% 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

StreetSpring's 2026 analysis finds that the best business to open in Old Town is a Veterinary Clinic with a 88.9% chance of surviving at least 2 years across the neighborhood on average, and 90.7% Best; next is a Convenience Store with 90.1% Best, followed by a Coffee Shop with 89.1% Best.


Is Old Town a good place to start a business?

Old Town is ranked number 19 of 180 neighborhoods in and around New York City to start a business, with an average 72.5% chance of lasting two or more years across the business types ranked there.

  • For the top-ranked business type, 90.7% Best is 1.8 points above 88.9% Typical in Old Town.
  • Still, those same business types at weaker addresses in Old Town can score well below the neighborhood mean. Even the most viable concept here requires the right address to reach its potential.
  • Housing vacancy in Old Town sits at 4.9%, a Census figure that StreetSpring's model reads for every business type it scores here.

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 Old Town?

With StreetSpring, location selection in Old Town moves from guesswork to a precise, address-level survivability score for any business type you're considering. The map below highlights the highest-survivability address for a Veterinary Clinic in Old Town:

Loading live map preview...

The highlighted area represents the address in Old Town that StreetSpring's 2026 analysis ranks highest for a Veterinary Clinic survivability. For the most current predictions, visit StreetSpring to analyze your specific location in real-time. StreetSpring's scoring incorporates hundreds of inputs, including competitive quality and density, projected consumer spending, Revenue Capture Score, and local demand patterns.

Check if this location is still available →


What are the best businesses to open in Old Town?

RankBusiness typeBestTypicalWorst
1Veterinary Clinic90.7%88.9%87.0%
2Convenience Store90.1%81.7%76.0%
3Coffee Shop89.1%84.4%79.6%
4Chiropractor Office89.1%83.9%78.7%
5Clothing Store88.9%79.1%73.7%
6Hair Salon88.8%80.6%75.0%
7Spa88.6%83.1%77.8%
8Bar88.2%81.5%76.4%
9Cafe88.1%79.3%74.0%
10Dentist Office85.8%79.1%72.3%

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.

Highest Survivability in Old Town

  • #1 Veterinary Clinic: 88.9% Typical across Old Town; Best 90.7%, Worst 87.0%.
  • #2 Opening a Convenience Store in Old Town shows 81.7% Typical survivability, 90.1% Best and 76.0% Worst.
  • #3 Coffee Shop (Ranked #3): 84.4% Typical in Old Town. Best: 89.1%. Worst: 79.6%.
  • #4 Chiropractor Office is ranked #4 for top businesses to open in Old Town: 83.9% Typical, 89.1% Best, 78.7% Worst.
  • #5 Clothing Store: 79.1% Typical across Old Town; Best 88.9%, Worst 73.7%.

Strong Performers in Old Town

  • #6 Opening a Hair Salon in Old Town shows 80.6% Typical survivability, 88.8% Best and 75.0% Worst.
  • #7 Spa (Ranked #7): 83.1% Typical in Old Town. Best: 88.6%. Worst: 77.8%.
  • #8 Bar is ranked #8 for top businesses to open in Old Town: 81.5% Typical, 88.2% Best, 76.4% Worst.
  • #9 Cafe: 79.3% Typical across Old Town; Best 88.1%, Worst 74.0%.
  • #10 Opening a Dentist Office in Old Town shows 79.1% Typical survivability, 85.8% Best and 72.3% Worst.

Top 3 Compared Nationally


How much money could a business in Old Town make?

Best location vs. average location

Based on StreetSpring's 2026 analysis, prioritizing survivability score in your site-selection process in Old Town 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-specific factors can dramatically alter outcomes even within the same neighborhood.
  • Location is the part of a new business you can compare address by address before committing.
  • StreetSpring's Revenue Capture Score, the revenue a business can capture at a specific address, is the factor that matters most when comparing locations.
  • Two storefronts on the same street can have different survivability scores: StreetSpring calculates each one individually.

What businesses should open next in Old Town?

The top businesses to open next in Old Town:

  • Veterinary Clinics: 88.9% Typical, 90.7% Best
  • Convenience Stores: 81.7% Typical, 90.1% Best
  • Coffee Shops: 84.4% Typical, 89.1% Best

For the most current predictions, visit StreetSpring to analyze your specific location in real-time. StreetSpring's accuracy is built on studying businesses that serve more than 180 million+ Americans across 24 cities. 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 94.2% employment rate in Old Town is a key signal of consumer health, and the 4.9% housing vacancy rate is another Census characteristic the model reads for the rankings above. The data behind these rankings is updated regularly, so the best available storefront in Old Town today may score differently than it did last month: check StreetSpring's live tool for the current picture.

See the Survivability Score for your new business

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Frequently Asked Questions

Here are the most common questions about opening a business in Old Town.


What type of business should you rent your Old Town storefront to?

The analysis is clear: in Old Town, Veterinary Clinics, Convenience Stores, and Coffee Shops consistently score highest on survivability, giving landlords the best chance of retaining tenants for two or more years.

  • Location is the part of a new business you can compare address by address before committing.
  • Two storefronts on the same street can have different survivability scores: StreetSpring calculates each one individually. StreetSpring can show you which specific address in your portfolio scores highest for each tenant type.

Related: See How Landlord Representatives in New York City Can Reduce Vacancy & Increase Tenant Longevity


Should you rent your Old Town storefront to a Veterinary Clinic?

Yes, our 2026 model ranks a Veterinary Clinic first among business types for Old Town storefronts, with 90.7% Best and 87.0% Worst.

  • Two storefronts on the same street can have different survivability scores: StreetSpring calculates each one individually.

What should I consider when opening a business in Old Town?

When evaluating potential locations in Old Town, start with the Survivability Score. It accounts for competition, spending, mobility, and market share in a single figure.

  • StreetSpring's proprietary Revenue Capture Score, the revenue a business can capture at a specific address, is the factor that matters most when choosing where to open.
  • These predictions are generated by StreetSpring's proprietary machine learning system, validated against hundreds of thousands of real business outcomes.
  • Start with a free 10-minute trial: check the current survivability score for any Old Town address on StreetSpring.

See the best place for your business at StreetSpring.


StreetSpring's AI platform has studied businesses serving more than 180 million+ Americans, giving its predictions a scale of validation unmatched in site-selection tools. 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.