Business Survivability in Parkchester, New York City
StreetSpring's 2026 analysis finds that the best business to open in Parkchester is a Convenience Store with a 87.8% 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 Convenience Store in Parkchester (87.8% Typical, 91.0% Best)
- Neighborhood rank: #113 of 180 neighborhoods in and around New York City
- Neighborhood average: 60.5% 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
- Is Parkchester 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 Parkchester is a Convenience Store with a 87.8% chance of surviving at least 2 years across the neighborhood on average, and 91.0% Best; next is a Clothing Store with 90.3% Best, followed by a Hair Salon with 90.3% Best.
Is Parkchester a good place to start a business?
StreetSpring ranks Parkchester #113 of 180 neighborhoods in and around New York City, with an average Survivability Score of 60.5% across the business types ranked there.
- For the top-ranked business type, 91.0% Best is 3.2 points above 87.8% Typical in Parkchester.
- However, those high-scoring categories placed at the least-competitive addresses in Parkchester often fall well below average. Picking the right block (not just the right neighborhood) is what actually determines survivability.
- The 90.8% employment rate in Parkchester supports consumer spending, while its 8.4% housing vacancy rate measures the share of homes and apartments standing empty: the model reads both as neighborhood characteristics.
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 Parkchester?
StreetSpring scores each block in Parkchester so you can see which ones give a business the best two-year chance. According to StreetSpring's 2026 data, this is the optimal address for a Convenience Store in Parkchester:
This map shows the optimal location for a Convenience Store in Parkchester based on StreetSpring's 2026 survivability analysis. Static rankings can't capture every recent change in competition or consumer spending; StreetSpring's live platform provides the current score for your exact address. 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 Parkchester?
| Rank | Business type | Best | Typical | Worst |
|---|---|---|---|---|
| 1 | Convenience Store | 91.0% | 87.8% | 83.5% |
| 2 | Clothing Store | 90.3% | 85.9% | 81.3% |
| 3 | Hair Salon | 90.3% | 86.4% | 81.5% |
| 4 | Laundromat | 89.9% | 85.4% | 80.3% |
| 5 | Cafe | 89.7% | 81.0% | 74.7% |
| 6 | Coffee Shop | 89.1% | 77.5% | 70.8% |
| 7 | Bar | 77.3% | 67.5% | 57.7% |
| 9 | Chiropractor Office | 76.8% | 68.6% | 60.5% |
| 10 | Spa | 75.4% | 68.5% | 61.5% |
| 11 | Gym | 75.4% | 66.2% | 57.0% |
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 Parkchester
- #1 Convenience Store (Ranked #1): 87.8% Typical in Parkchester. Best: 91.0%. Worst: 83.5%.
- #2 Clothing Store is ranked #2 for top businesses to open in Parkchester: 85.9% Typical, 90.3% Best, 81.3% Worst.
- #3 Hair Salon: 86.4% Typical across Parkchester; Best 90.3%, Worst 81.5%.
- #4 Opening a Laundromat in Parkchester shows 85.4% Typical survivability, 89.9% Best and 80.3% Worst.
- #5 Cafe (Ranked #5): 81.0% Typical in Parkchester. Best: 89.7%. Worst: 74.7%.
Strong Performers in Parkchester
- #6 Coffee Shop is ranked #6 for top businesses to open in Parkchester: 77.5% Typical, 89.1% Best, 70.8% Worst.
- #7 Bar: 67.5% Typical across Parkchester; Best 77.3%, Worst 57.7%.
- #9 Opening a Chiropractor Office in Parkchester shows 68.6% Typical survivability, 76.8% Best and 60.5% Worst.
- #10 Spa (Ranked #10): 68.5% Typical in Parkchester. Best: 75.4%. Worst: 61.5%.
- #11 Gym is ranked #11 for top businesses to open in Parkchester: 66.2% Typical, 75.4% Best, 57.0% Worst.
Top 3 Compared Nationally
- Convenience Store: See how this compares to other cities →
- Clothing Store: See how this compares to other cities →
- Hair Salon: See how this compares to other cities →
How much money could a business in Parkchester make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, selecting a storefront that StreetSpring ranks in the top tier for your business type in Parkchester 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
- No two business types have identical location needs; survivability scores reflect these differences at the address level.
- The right location can make a business; the wrong one can break it.
- When the question is money, the Revenue Capture Score comes first: it is StreetSpring's estimate of the revenue a business can capture at a specific address.
- StreetSpring generates location-specific predictions tailored to your exact site.
What businesses should open next in Parkchester?
The top businesses to open next in Parkchester:
- Convenience Stores: 87.8% Typical, 91.0% Best
- Clothing Stores: 85.9% Typical, 90.3% Best
- Hair Salons: 86.4% Typical, 90.3% Best
Static rankings can't capture every recent change in competition or consumer spending; StreetSpring's live platform provides the current score for your exact address. Our platform incorporates data from thousands of neighborhoods nationwide. 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 Parkchester draw on real Census conditions, including 90.8% employment and 8.4% housing vacancy, alongside competition and consumer spending. The data behind these rankings is updated regularly, so the best available storefront in Parkchester 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
Related Articles:
- See the New York City Business Survivability Rankings
- See the New York City Neighborhood Survivability Rankings
- Explore Convenience Store survivability across New York City neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Parkchester.
What type of business should you rent your Parkchester storefront to?
StreetSpring's 2026 model places Convenience Stores, Clothing Stores, and Hair Salons at the top of the survivability rankings for Parkchester, making them the safest long-term tenant bets for landlords here.
- The right location can make a business; the wrong one can break it.
- StreetSpring generates location-specific predictions tailored to your exact site. 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 Parkchester storefront to a Convenience Store?
Yes. Among all business types analyzed for Parkchester in 2026, a Convenience Store ranks first, at 91.0% Best and 83.5% Worst, making it the most reliable tenant choice here.
- StreetSpring generates location-specific predictions tailored to your exact site.
What should I consider when opening a business in Parkchester?
Location decisions in Parkchester should be grounded in Survivability Score data, not intuition. The score directly measures the competitive and spending conditions at your exact address.
- The Revenue Capture Score is the most important factor in choosing a location: it is StreetSpring's estimate of the revenue a business can capture at that address.
- The underlying models are StreetSpring's own: built, trained, and maintained using data external platforms cannot access.
- StreetSpring's address-level survivability data starts with a free 10-minute trial: begin with your top candidate locations in Parkchester.
See the best place for your business at StreetSpring.
Using predictive analytics, StreetSpring helps entrepreneurs and landlords make smarter location decisions. 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.