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Coldwell Banker Reliable Commercial Division
Coldwell Banker Reliable Commercial Division
Office: (718)921-3100
Prepared by:
7428 Fifth Avenue, Brooklyn, NY 11209
Phone: (718)921-3100 Web: www.cbrcd.com
Industrial Warehouse For Lease -10,000 SQFT
473 President Street, Brooklyn, NY
Coldwell Banker Reliable Commercial Division
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Table of Contents
Executive Summary____________________________________3
Property Overview _____________________________________4
Property Photos_______________________________________5
Maps & Aerials_______________________________________6-7
Traffic Count Report___________________________________8
Demographic Market Comparison Report________________9-10
Demographic Summary Report__________________________11
Daytime Employment Report____________________________12
Consumer Spending Report_________________________13 —14
Contact Information___________________________________ 15
Confidentiality Statement______________________________ 16
Coldwell Banker Reliable Commercial Division
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Executive Summary
Executive Summary
The Property
473 President Street, Brooklyn, NY 11215
Property Specifications
Property Type:
Industrial Warehouse
Class:
Industrial Warehouse
Space Available:
10,000 SQFT
Zoning: M1-2
For Lease Price
Price Month
$19,500 Per/Month
The Offering:
Coldwell Banker Reliable
Commercial Division is
pleased to offer 473
President Street, Brooklyn,
NY 11215 For Lease. With
10,000 SQFT of Industrial
space available in the
Gowanus section of Brooklyn,
NY. Use types include Gyms,
woodworking shops, auto
storage and repair shops,
wholesale services, storage
facilities, office, community
facility and most retail uses
can be considered. Close
proximity to public
transportation and roads into
Manhattan a short distance
away. The building features
180 feet of frontage on
Presi-dent Street and 190 feet of
frontage on Union street. To
schedule a property tour
please contact exclusive
broker Coldwell Banker
Relia-ble Commercial Division.
Location Highlights:
•
10,000 SQFT
•
Close Proximity to City
•
Many Uses can be
Coldwell Banker Reliable Commercial Division
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Property Overview
Property Address
473 President Street, Brooklyn, NY 11215
Property Details
Coldwell Banker Reliable Commercial Division is pleased to
offer 473 President Street, Brooklyn, NY 11215 For Lease.
With 10,000 SQFT of Industrial space available in the
Gowanus section of Brooklyn, NY. Use types include Gyms,
woodworking shops, auto storage and repair shops,
wholesale services, storage facilities, office, community
facility and most retail uses can be considered. Close
proximity to public transportation and roads into Manhattan
a short distance away. The building features 180 feet of
frontage on President Street and 190 feet of frontage on
Union street. To schedule a property tour please contact
exclusive broker Coldwell Banker Reliable Commercial
Division.
Property Specifications
Property Type: Ground Lease
Building Class: Industrial
Zoning M1-2
Property Features
Commercial Units 1
Location Information
Cross Street: 3rd Avenue
Located: President
Street
Metro Market: Brooklyn
Submarket: Gowanus
County: Kings
Lease Information
Tenancy: Vacant
% Leased: 70%
Space Available: 10,000 SQFT
Annual Rent: $24.00 PSF
Building Square Footage: 36,155
Available Square Footage: 10,000
Aerial / Map Report
Aerial / Map Report
Street Cross Street Cross Str Dist CountYear Avg DailyVolume VolumeType Subject PropMiles from
1 Union St Nevins St 0.06 SE 2012 5,331 MPSI .11
2 3rd Ave 1st St 0.03 SW 2012 17,404 MPSI .13
3 Carroll St Bond St 0.06 NW 2012 848 MPSI .13
4 3rd Ave Degraw St 0.02 SW 2012 9,993 MPSI .16
5 3rd Ave Douglass St 0.02 SW 2012 10,258 MPSI .21
6 3rd St Bond St 0.11 NW 2012 10,106 MPSI .24
7 4th Ave Garfield Pl 0.02 NE 2012 40,760 MPSI .24
8 3rd Ave 6th St 0.07 SW 2012 21,690 MPSI .32
9 3rd St Hoyt St 0.03 NW 2012 5,261 MPSI .34
10 Hoyt St 3rd St 0.02 SW 2012 3,695 MPSI .35
Traffic Count Report
1 Mile County
Population Growth Household Growth
2013 Med Household Inc 2013 Households by Household Income
2013 Median Age 2013 Population by Race
2013 Renter vs. Owner 2013 Employed vs. Unemployed
Type:
Specialty/Self-Storage
Demographic Market Comparison Report
1 mile radius1 Mile County Population Growth
2013 Population by Race 137,815 2,599,555
Household Growth
2013 Households by Household Income 62,628 952,000
Growth 2010 - 2013 6.19% 3.79% Growth 2013 - 2018 6.06% 5.29% 92.76% 90.16% Employed 79,024 1,130,618 7.24% 9.84% Unemployed 6,172 123,394 73.42% 49.52% White 101,186 1,287,217 14.88% 36.14% Black 20,503 939,591 0.66% 1.04%
Am. Indian & Alaskan 912 27,143
7.54% 10.98%
Asian 10,391 285,498
0.10% 0.14%
Hawaiian & Pacific Island 142 3,693
3.40% 2.17% Other 4,681 56,413 Growth 2010 - 2013 3.11% 0.39% Growth 2013 - 2018 5.91% 5.34% 68.91% 73.23% Renter Occupied 43,160 697,113 31.09% 26.77% Owner Occupied 19,469 254,887 15.88% 31.75% Income <$25K 9,947 302,251 12.83% 22.45% Income $25K - $50K 8,036 213,700 14.43% 15.92% Income $50K - $75K 9,036 151,539 12.63% 10.77% Income $75K - $100K 7,907 102,529 10.13% 6.67% Income $100K - $125K 6,345 63,513 7.52% 4.29% Income $125K - $150K 4,708 40,845 9.92% 4.20% Income $150K - $200K 6,214 39,937 16.66% 3.96% Income $200K+ 10,435 37,686
2013 Med Household Inc $88,579 $44,375
2013 Median Age 36.70 35.00
Demographic Market Comparison Report
1 mile radiusRadius 1 Mile 3 Mile 5 Mile Population 2018 Projection 146,167 1,185,350 2,798,867 2013 Estimate 137,816 1,111,069 2,650,410 2010 Census 129,786 1,024,089 2,523,328 Growth 2013 - 2018 6.06% 6.69% 5.60% Growth 2010 - 2013 6.19% 8.49% 5.04%
2013 Population by Hispanic Origin 23,165 233,613 531,861
2013 Population By Race 137,816 1,111,069 2,650,410
White 101,187 73.42% 543,173 48.89% 1,406,509 53.07%
Black 20,503 14.88% 374,306 33.69% 805,784 30.40%
Am. Indian & Alaskan 912 0.66% 11,979 1.08% 25,821 0.97%
Asian 10,391 7.54% 151,112 13.60% 346,569 13.08%
Hawaiian & Pacific Island 142 0.10% 1,529 0.14% 3,748 0.14%
Other 4,681 3.40% 28,971 2.61% 61,979 2.34% Households 2018 Projection 66,333 457,048 1,112,736 2013 Estimate 62,629 428,053 1,053,141 2010 Census 59,303 394,009 1,001,966 Growth 2013 - 2018 5.91% 6.77% 5.66% Growth 2010 - 2013 3.11% 5.54% 1.84% Owner Occupied 19,469 31.09% 90,984 21.26% 253,128 24.04% Renter Occupied 43,160 68.91% 337,069 78.74% 800,013 75.96% 2013 Households by HH Income 62,628 428,053 1,053,140 Income: <$25,000 9,947 15.88% 130,860 30.57% 295,381 28.05% Income: $25,000 - $50,000 8,036 12.83% 84,723 19.79% 205,801 19.54% Income: $50,000 - $75,000 9,036 14.43% 63,380 14.81% 157,684 14.97% Income: $75,000 - $100,000 7,907 12.63% 44,076 10.30% 111,463 10.58% Income: $100,000 - $125,000 6,345 10.13% 29,770 6.95% 76,878 7.30% Income: $125,000 - $150,000 4,708 7.52% 19,521 4.56% 51,045 4.85% Income: $150,000 - $200,000 6,214 9.92% 22,782 5.32% 62,245 5.91% Income: $200,000+ 10,435 16.66% 32,941 7.70% 92,643 8.80%
2013 Avg Household Income $117,652 $76,670 $81,845
2013 Med Household Income $88,579 $49,406 $53,830
Demographic Summary Report
Business Employment by Type # of Businesses # Employees #Emp/Bus
Total Businesses 7,512 71,705 10
Retail & Wholesale Trade 1,427 10,751 8
Hospitality & Food Service 966 10,069 10
Real Estate, Renting, Leasing 376 2,421 6
Finance & Insurance 233 1,302 6
Information 171 978 6
Scientific & Technology Services 608 2,986 5
Management of Companies 9 34 4
Health Care & Social Assistance 1,731 19,053 11
Educational Services 199 6,866 35
Public Administration & Sales 106 5,575 53
Arts, Entertainment, Recreation 125 681 5
Utilities & Waste Management 259 1,291 5
Construction 336 2,186 7
Manufacturing 145 1,699 12
Agriculture, Mining, Fishing 3 12 4
Other Services 818 5,801 7
Daytime Employment Report
1 Mile Radius2013 Annual Spending ($000s) 1 Mile 3 Mile 5 Mile
Total Specified Consumer Spending $1,917,703 $10,199,056 $26,074,525
Total Apparel $108,310 $678,132 $1,675,671 Women's Apparel 46,657 274,748 687,012 Men's Apparel 24,416 143,248 359,823 Girl's Apparel 6,959 50,000 119,746 Boy's Apparel 4,662 34,238 81,617 Infant Apparel 4,845 33,160 79,095 Footwear 20,772 142,738 348,378
Total Entertainment & Hobbies $144,123 $755,691 $1,941,854
Entertainment 21,025 113,824 289,830
Audio & Visual Equipment/Service 72,367 412,901 1,041,147
Reading Materials 8,815 37,712 101,963
Pets, Toys, & Hobbies 41,916 191,254 508,914
Total Food and Alcohol $510,152 $2,933,983 $7,405,116
Food At Home 250,009 1,624,935 4,024,207
Food Away From Home 217,475 1,110,711 2,858,226
Alcoholic Beverages 42,668 198,337 522,682
Total Household $312,236 $1,455,701 $3,788,708
House Maintenance & Repair 32,883 139,266 383,998
Household Equip & Furnishings 119,106 599,993 1,540,428
Household Operations 109,058 509,060 1,312,311
Housing Costs 51,189 207,382 551,971
Consumer Spending Report
Consumer Spending Report
473 President St, Brooklyn, NY 11215
2013 Annual Spending (000s) 1 Mile 3 Mile 5 Mile
Total Transportation/Maint. $451,660 $2,460,600 $6,271,469
Vehicle Purchases 97,417 463,828 1,237,809
Gasoline 185,001 1,116,717 2,792,233
Vehicle Expenses 47,462 258,982 640,618
Transportation 78,611 414,086 1,048,553
Automotive Repair & Maintenance 43,168 206,987 552,256
Total Health Care $86,515 $460,033 $1,197,832
Medical Services 53,879 268,163 702,402
Prescription Drugs 23,310 140,271 363,556
Medical Supplies 9,326 51,598 131,874
Total Education/Day Care $174,003 $798,258 $2,099,129
Education 106,647 514,649 1,346,000