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 DiPietro Licensed 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.cbrcd.com
Bay Ridge Retail Space For Lease 7211 5th Ave, Brooklyn, NY 11209
Matthew DiPietro Licensed R.E. Salesperson Office: 718-921-3100 x165 Mobile: 347-885-9030 Email: [email protected]
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Table of Contents
Executive Summary____________________________________3
Property Details_______________________________________4
Maps & Aerials________________________________________5
Retail Map____________________________________________6
Traffic Count Report ___________________________________7
Demographic Market Comparison Report_______________8—9
Demographic Summary Report_________________________10
Daytime Employment Report___________________________11
Consumer Spending Report_________________________12 —13
Contact Information___________________________________ 14
Confidentiality Statement______________________________ 15
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Executive Summary
Executive Summary
The Property
7211 5th Avenue Brooklyn, NY 11209
Property Specifications Property Type:
Walk-up Apartment - Over Six Families with Stores (C7)
Building Size: 7,084 SF / 23ft x 77ft
Lot Size: 2,778 SF / 24ft x 115.75ft
Space Size: 1,150 SF / 23ft x 50ft
Stories: 4 + basement
Zoning: C1-3 / R6B / BR
Residential Units 7
Commercial Units 1
For Lease Price Lease Price: $4,700 monthly / $56,400 annually
Per SF PY Price: $49
The Offering:
Coldwell Banker Reliable Commercial
Division is pleased to offer 1,150 SF of
retail space for lease at 7211 5th Ave.
A mixed use building located in the Bay
Ridge section of Brooklyn NY. For
additional information, please contact
the exclusive broker Coldwell Banker
Reliable Commercial Division.
Investment Highlights:
Approximately 1,150 SF + 1,771 SF basement
23 Ft . Of frontage on 5th Avenue
$49 per SF per year / $4,700 monthly / $56,400 annually
.
Location Highlights:
5th Avenue is a major retail corridor consisting of local, national and global tenants.
Situated in the middle of the high
density retail strip from Bay Ridge Avenue to 86th Street.
Walking distance to the B63 Bus and
the R Train.
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Property Overview
Property Address
7211 5th Avenue Brooklyn, NY 11209
Property Details
Coldwell Banker Reliable Commercial Division is pleased to
offer 1,150 SF of retail space for lease at 7211 5th Ave. A
mixed use building located in the Bay Ridge section of
Brooklyn NY. For additional information, please contact the
exclusive broker Coldwell Banker Reliable Commercial
Division.
For Lease Price
$4,700 monthly / $56,400 annually / $49 per SF per year
Property Specifications
Property Type: Mixed Use
Building Class: Walk-up Apartment - Over Six Families with Stores (C7)
Building Size: 7,084 SF
Buildings on Lot 1
Stories 4
Zoning C1-3 / R6B / BR
Units 7 Residential / 1 Commercial
Location Information
Cross Street: 72nd Street
Metro Market: Brooklyn
Submarket: Bay Ridge
County: Kings
Tenancy Information
Tenancy: Occupied (Month to Month)
Property Details
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Maps & Aerials
Property Overview
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Retail Map
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Market Overview
Traffic Count Report
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Demographic Market Comparison Report
Market Overview
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Market Overview
Demographic Market Comparison Report (Continued)
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Demographic Summary Report
Market Overview
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Market Overview
Daytime Employment Report
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Market Overview
Consumer Spending Report
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Market Overview
Consumer Spending Report (Continued)
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Contact Information
Contact Info For more information, please contact: Richard DiPietro, Licensed 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 Commercial Division 7428 5th Ave Brooklyn, NY , 11209 Phone: 718-921-3100 Fax: 718-921-3110 Website: cbrcd.com
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.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 Seller. 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 buyers should be aware that the Seller 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, buyer will be given a reasonable opportunity to inspect and investigate the Property and all improvements thereon, either independently or through agents of the buyer’s choosing. The Seller 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 Seller and executed by both parties; and (iii) approved by Seller and such other parties who may have an interest in the Property. Neither the prospective buyer nor Seller 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 buyers shall be responsible for their costs and expenses of investigating the Property and all other expenses, professional or otherwise, incurred by them.
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