1709 Avenue U, Brooklyn, NY

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    03-Feb-2016
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Coldwell Banker Reliable Commercial Division is pleased to offer 1,200 SF of prime retail space for lease at 1709 Avenue U. The property is a multiple occupant retail building with over 100 ft of frontage on Avenue U. The 1,200 SQFT space for lease is in front of a public bus stop and walking distance to the Q train. Neighboring local, national and global tenants include TD Bank, Chase, HSBC, Dunkin Donuts, Payless and Rite Aid, making for a high traffic retail corridor. For more information or to schedule a preview of the property please contact Exclusive Broker Coldwell Banker Reliable Commercial Division.

Transcript of 1709 Avenue U, Brooklyn, NY

  • Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Commercial Affiliates. Each Office is Independently Owned and Operated.

    Coldwell Banker Reliable Commercial Division

    Richard DiPietroRichard DiPietroRichard DiPietroRichard DiPietro Licensed R.E. SalespersonLicensed R.E. SalespersonLicensed R.E. SalespersonLicensed R.E. Salesperson Office: 718-921-3100 x107 Mobile: 347-693-2995 Email: richard.dipietro@coldwellbanker.com

    Prepared by:

    7428 Fifth Avenue, Brooklyn, NY 11209 Phone: (718)921-3100 Web: www.cbreliable.com

    Prime Retail Space For Lease 1709 Avenue U, Brooklyn, NY 11229

    1,200 SQFT / $50 Per SQFT Per Year

  • Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbreliable.com

    Table of Contents

    Executive Summary____________________________________3Executive Summary____________________________________3Executive Summary____________________________________3Executive Summary____________________________________3

    Property Overview _____________________________________4Property Overview _____________________________________4Property Overview _____________________________________4Property Overview _____________________________________4

    Maps & Aerials________________________________________5 Maps & Aerials________________________________________5 Maps & Aerials________________________________________5 Maps & Aerials________________________________________5

    Nearby Amenities______________________________________6Nearby Amenities______________________________________6Nearby Amenities______________________________________6Nearby Amenities______________________________________6

    Traffic Count Report____________________________________7Traffic Count Report____________________________________7Traffic Count Report____________________________________7Traffic Count Report____________________________________7

    Demographic Market Comparison Report_______________Demographic Market Comparison Report_______________Demographic Market Comparison Report_______________Demographic Market Comparison Report________________8 _8 _8 _8 ---- 9999

    Demographic Summary Report__________________________10Demographic Summary Report__________________________10Demographic Summary Report__________________________10Demographic Summary Report__________________________10

    Daytime Employment Report____________________________11Daytime Employment Report____________________________11Daytime Employment Report____________________________11Daytime Employment Report____________________________11

    Contact Information___________________________________ 12Contact Information___________________________________ 12Contact Information___________________________________ 12Contact Information___________________________________ 12

    Confidentiality Statement______________________________ 13Confidentiality Statement______________________________ 13Confidentiality Statement______________________________ 13Confidentiality Statement______________________________ 13

  • Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbreliable.com

    Executive Summary

    Executive Summary

    The PropertyThe PropertyThe PropertyThe Property

    1709 Avenue U, Brooklyn, NY 11229

    Property SpecificationsProperty SpecificationsProperty SpecificationsProperty Specifications

    Property Type: Retail

    Class: Miscellaneous (K9)

    Space Size: 1,200 SF

    Number of Stories: 2

    Tenants: Multiple Occupants

    Building dimensions 120 x 100

    Lot dimensions 140 x 105

    Zoning district C1-3/R5

    Lease Type Modified Gross

    For Lease PriceFor Lease PriceFor Lease PriceFor Lease Price

    Monthly: $5,000

    Per SF Per Year Price: $50

    The Offering:

    Coldwell Banker Reliable

    Commercial Division is

    pleased to offer 1,200 SF

    of prime retail space for

    lease at 1709 Avenue U.

    Investment Highlights:

    1,200 SF Retail Space

    $50 Per SQFT Per Year

    2nd Floor available for additional $15 Per SQFT Per Year

    Basement Included

    Location Highlights:

    High traffic retail

    corridor

    Located near public

    transportation (B3 bus

    stop and Q train)

    Nearby tenants include

    TD Bank, Chase,

    HSBC, Dunkin Donuts,

    Payless and Rite Aid

  • Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbreliable.com

    Property Overview

    Property AddressProperty AddressProperty AddressProperty Address

    1709 Avenue U, Brooklyn, NY 11229

    Property DetailsProperty DetailsProperty DetailsProperty Details

    The property is a multiple occupant retail building with over 100 ft of

    frontage on Avenue U. The 1,200 SQFT space for lease is in front of a

    public bus stop and walking distance to the Q train. Neighboring local,

    national and global tenants.

    Property SpecificationsProperty SpecificationsProperty SpecificationsProperty Specifications

    Property Type: Retail Building Class: Miscellaneous (K9)

    Space Size 1,200 SF

    Stories 2

    Zoning C1-3/R5

    Property FeaturesProperty FeaturesProperty FeaturesProperty Features

    Commercial Units 7

    Amenities 2nd floor available for additional $15 per SQFT per year / Basement included / Metered Parking

    Location InformationLocation InformationLocation InformationLocation Information

    Cross Street: East 18th Street

    Metro Market: Brooklyn

    Submarket: Sheepshead Bay

    County: Kings

    Lease InformationLease InformationLease InformationLease Information

    Tenancy: Multiple % Leased: 85%

    Space Available: 1,200 SF Annual Rent: $50/SF/Year

    Property Details

  • Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbreliable.com

    Maps & Aerials

    Property Overview

  • Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbreliable.com

    Retail Map

    Property Overview

  • Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbreliable.com

    Market Overview

    Traffic Count Report

  • Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbreliable.com

    Demographic Market Comparison Report

    Market Overview

  • Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbreliable.com

    Market Overview

    Demographic Market Comparison Report (Continued)

  • Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbreliable.com

    Demographic Summary Report

    Market Overview

  • Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbreliable.com

    Market Overview

    Daytime Employment Report

  • Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbreliable.com

    Contact Information

    Contact Info For more information, please contact:

    Richard DiPietro,Richard DiPietro,Richard DiPietro,Richard DiPietro, Licensed R.E. SalespersonLicensed R.E. SalespersonLicensed R.E. SalespersonLicensed R.E. Salesperson 7428 5th Ave. Brooklyn, NY, 11209 Phone: 718-921-3100 x107 Fax: 718-921-3110 Mobile: 347-693-2995 Email: richard.dipietro@coldwellbanker.com

    Coldwell Banker Reliable Coldwell Banker Reliable Coldwell Banker Reliable Coldwell Banker Reliable Commercial DivisionCommercial DivisionCommercial DivisionCommercial Division 7428 5th Ave Brooklyn, NY , 11209 Phone: 718-921-3100 Fax: 718-921-3110 Website: cbreliable.com

  • Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbreliable.com

    Confidentiality Statement

    Confidentiality Statement

    This offering has been prepared solely for informational purposes. It is designed to assist a potential investor in determining whether it wishes to proceed with an in-depth investigation of the subject property. While the information contained herein is from sources deemed reliable, it has not been independently verified by the Coldwell Banker Commercial affiliate or by the lessor. The projections and pro forma budget contained herein represent best estimates on assumptions considered reasonable under the circumstances. No representations or warranties, expressed or implied, are made that actual results will conform to such projections. This document is provided subject to errors, omissions and changes in the information and is subject to modification or withdrawal. The contents herein are confidential and are not to be reproduced without the express written consent. Interested lessees should be aware that the lessor is selling the Property AS IS CONDITION WITH ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE. Prior to and/or after contracting to purchase, as appropriate, lessee will be given a reasonable opportunity to inspect and investigate the Property and all improvements thereon, either independently or through agents of the lessees choosing. The lessor reserves the right to withdraw the P