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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

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

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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

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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

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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

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(6)

Aerial / Map Report

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Aerial / Map Report

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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

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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 radius

(10)

1 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 radius

(11)

Radius 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

(12)

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 Radius

(13)

2013 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

(14)

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

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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:

Coldwell Banker Reliable

Commercial Division

7428 5th Ave

Brooklyn, NY , 11209

Phone: (718)921-3100

Fax: (718)921-3110

Website:

cbrcd.com

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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 tenants 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 Reliable Commercial Division or by Ownership.

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 of

Coldwell Banker Reliable Commercial Division or the property Ownership.

The Owner 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 lease must be: (i) presented

in the form of a non-binding letter of intent; (ii) incorporated in a formal written

contract to lease and prepared by the Owner or their representatives and executed

by both parties; and (iii) approved by the Owner and such other parties who may

have an interest in the Property. Neither the prospective tenant nor Owner shall be

bound until execution of a formal lease, which contract shall supersede prior

discussions and writings and shall constitute the sole agreement of the parties.

Prospective tenants shall be responsible for their costs and expenses of

investigating the Property and all other expenses, professional or otherwise,

incurred by them.

References

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