Business Survivability in Elm Park, New York City
StreetSpring's 2026 analysis finds that the best business to open in Elm Park is a Veterinary Clinic with a 85.9% 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 Veterinary Clinic in Elm Park (85.9% average survival rate, 89.2% at best locations)
- Neighborhood rank: #72 of 180 neighborhoods in and around New York City
- Neighborhood average: 66.2% 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: October 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 Veterinary Clinic with a 85.9% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a 89.2% chance; next is a Chiropractor Office with a 79.5% chance, followed by a Convenience Store with a 82.9% chance.
Is Elm Park a good place to start a business?
Elm Park is ranked number 72 of 180 neighborhoods in and around New York City to start a business, with an average 66.2% chance of lasting two or more years across the business types ranked there.
- In Elm Park, the strongest addresses for the top-ranked business type sit 3.3 points above that type's average.
- Even so, the weakest addresses in Elm Park for those same business types can underperform considerably. StreetSpring's address-level scoring exists precisely to identify which specific storefronts make the difference.
- Housing vacancy in Elm Park sits at 6.8%, 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 Elm Park?
Rather than relying on neighborhood averages, StreetSpring's scoring tells you which specific addresses in Elm Park give your concept the best odds of survival. This is the address StreetSpring's 2026 analysis recommends most strongly for a Veterinary Clinic in Elm Park:
Based on StreetSpring's 2026 analysis of hundreds of location-specific factors, this area offers the highest projected survivability for a Veterinary Clinic in Elm Park. Even the best-ranked neighborhoods contain locations that underperform, and the worst-ranked ones have hidden gems. Factors evaluated include competition at every distance band, consumer spending forecasts, mobility patterns, and market share projections.
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 | Veterinary Clinic | 88.7% |
| 2 | Chiropractor Office | 86.2% |
| 3 | Convenience Store | 84.1% |
| 4 | Hair Salon | 83.6% |
| 5 | Cafe | 83.1% |
| 6 | Bar | 83.1% |
| 7 | Eye Care Center | 82.8% |
| 8 | Clothing Store | 82.3% |
| 9 | Spa | 81.3% |
| 10 | Acupuncture Clinic | 81.1% |
Ties at a good address: Cafe and Bar are tied. A tie is a tie: the rank column is the published file's order, which looks at the average and the best address next.
Highest Survivability in Elm Park
- #1 Veterinary Clinic: 85.9% on average across Elm Park; best at 89.2%, challenging at 79.0%.
- #2 Opening a Chiropractor Office in Elm Park shows 79.5% average survivability. Top locations reach 87.4%; lower-end sites show 63.6%.
- #3 Convenience Store (Ranked #3): 82.9% average in Elm Park. Best-case storefronts: 85.0%. Challenging locations: 69.2%.
- #4 Hair Salon is ranked #4 for top businesses to open in Elm Park: 76.9% chance on average, best at 84.0%, challenging at 58.8%.
- #5 Cafe: 80.4% on average across Elm Park; best at 83.1%, challenging at 70.5%.
Strong Performers in Elm Park
- #6 Opening a Bar in Elm Park shows 74.7% average survivability. Top locations reach 83.6%; lower-end sites show 60.6%.
- #7 Eye Care Center (Ranked #7): 78.2% average in Elm Park. Best-case storefronts: 86.2%. Challenging locations: 70.4%.
- #8 Clothing Store is ranked #8 for top businesses to open in Elm Park: 78.0% chance on average, best at 82.8%, challenging at 69.2%.
- #9 Spa: 76.7% on average across Elm Park; best at 81.8%, challenging at 69.2%.
- #10 Opening an Acupuncture Clinic in Elm Park shows 71.0% average survivability. Top locations reach 82.4%; lower-end sites show 57.7%.
Top 3 Compared Nationally
- Veterinary Clinic: See how this compares to other cities →
- Chiropractor Office: See how this compares to other cities →
- Convenience Store: 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, selecting a storefront that StreetSpring ranks in the top tier for your business type in Elm 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
- However, each business concept should be evaluated for fit within each potential location.
- Location is a decision you can check before you open.
- Compare the Revenue Capture Score of each shortlisted address first: it is the top factor in choosing a location, and it estimates the revenue a business can capture there.
- StreetSpring generates location-specific predictions tailored to your exact site.
What businesses should open next in Elm Park?
The top businesses to open next in Elm Park:
- Veterinary Clinics: 85.9% average survival rate, 89.2% at the best address
- Chiropractor Offices: 79.5% average survival rate
- Convenience Stores: 82.9% average survival rate
Even the best-ranked neighborhoods contain locations that underperform, and the worst-ranked ones have hidden gems. The model draws from 100+ location-specific factors to generate each survivability score. 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. StreetSpring's model accounts for Elm Park's 92.9% employment rate when projecting survivability: businesses reliant on discretionary spend benefit disproportionately in well-employed neighborhoods. The data behind these rankings is updated regularly, so the best available storefront in Elm Park 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 Veterinary 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?
The analysis is clear: in Elm Park, Veterinary Clinics, Chiropractor Offices, and Convenience Stores consistently score highest on survivability, giving landlords the best chance of retaining tenants for two or more years.
- Location is a decision you can check before you open.
- 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 Elm Park storefront to a Veterinary Clinic?
StreetSpring's data confirms a Veterinary Clinic as the highest-survivability tenant type for Elm Park. The best addresses show a 89.2% chance of lasting more than 2 years; less optimal addresses score around 79.0%.
- StreetSpring generates location-specific predictions tailored to your exact site.
What should I consider when opening a business in Elm Park?
When evaluating potential locations in Elm Park, start with the Survivability Score. It accounts for competition, spending, mobility, and market share in a single figure.
- Revenue Capture is where competition meets spending, and it's the number that matters most when choosing a location.
- StreetSpring's forecasting tools are purpose-built for commercial location decisions and are not available through any publicly accessible data source.
- You can check the most up-to-date forecasts with StreetSpring, starting with a free 10-minute trial.
See the best place for your business at StreetSpring.
Real estate professionals and business owners across 24 major metros use StreetSpring to ground their site-selection decisions in data, not guesswork. 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.