Download - 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: [email protected]

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


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


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


Maps & Aerials

Property Overview


Retail Map

Property Overview


Market Overview

Traffic Count Report


Demographic Market Comparison Report

Market Overview


Market Overview

Demographic Market Comparison Report (Continued)


Demographic Summary Report

Market Overview


Market Overview

Daytime Employment Report


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: [email protected]

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


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 lessee’s choosing. The lessor reserves the right to withdraw the Property being marketed at any time without notice, to reject all offers, and to accept any offer without regard to the relative price and terms of any other offer. Any offer to buy must be: (i) presented in the form of a non-binding letter of intent; (ii) incorporated in a formal written contract of purchase and sale to be prepared by the lessor and executed by both parties; and (iii) approved by Lessor and such other parties who may have an interest in the Property. Neither the prospective lessee nor lessor shall be bound until execution of the contract of purchase and sale, which contract shall supersede prior discussions and writings and shall constitute the sole agreement of the parties. Prospective lessee shall be responsible for their costs and expenses of investigating the Property and all other expenses, professional or otherwise, incurred by them.