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
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: [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
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 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.