Crown Heights Corner Retail - Fronting Eastern Parkway
StoreStore AA CornerCorner StoreStore BB StoreStore CC
LEASEDLEASED
BedfordBedford AvenueAvenue EasternEastern ParkwayParkway Rendering 1519-1535 Bedford Avenue, Brooklyn, NYC - Northeast Corner of Eastern Parkway
SUBWAY RIDERSHIPAPPROXIMATE SIZE RENT POSSESSION 15,787 + Store A (Corner): 3,670 sf - Ground Upon Request New Construction delivering mid-2018 weekday subway 2,432 sf Lower Level riders - Franklin St Sta. Store B (in-line): 2,315 sf COMMENTS 24,479 + Store C (Corner): 7,091 sf LEASED At base of 133-unit residential development underway weekend subway One block from Franklin Avenue’s burgeoning retail corridor riders - Franklin St Sta. Area tenants including Chase Bank, Capital One, Banco Popular, 806 + FRONTAGE CEILING HEIGHT Pulp & Bean, Barboncino Pizza Retail Businesses TBD Ground: 12 ft. One block from Franklin Ave/Botanic Gdn subways; Radius - 1 mile Lower Level: 10 ft. two blocks from Nostrand Ave subways
EXCLUSIVE LEASING AGENT: MARK TERGESEN BEN WALLER FLORENCE WACK-WELCH 212-400-9528 | [email protected] 212-400-9515 | [email protected] 212-991-5050 | [email protected] 1519-1535 Bedford Avenue, Brooklyn, NYC - Northeast Corner of Eastern Parkway
Lincoln Place Store C- Market Lower Level LEASED Store C- Market Ground - 7,091 sf LEASED
Store A Bedford Avenue Lower Level 2,432 sf
Eastern Parkway
Store B 2,315 sf
Store A Store A 3,670 sf Possible Divisions
Store 1 Store 2 Store 3 (corner) (in-line) (in-line) 1,702 sf 1,359 sf 609 sf Eastern Parkway
EXCLUSIVE LEASING AGENT: MARK TERGESEN BEN WALLER FLORENCE WACK-WELCH 212-400-9528 | [email protected] 212-400-9515 | [email protected] 212-991-5050 | [email protected]
ABS Partners Real Estate, LLC • 200 Park Avenue South, New York, NY 10003 • T 212.400.6060 • F 212.400.6099 www.absre.com
“All information is from sources deemed reliable but is subject to errors or omissions of any magnitude, withdrawal from market, or changes in terms, all without notice. Brokers employment and payment only by written agreement.” *Licensed Real Estate Broker • **Licensed Associate Real Estate Broker • ***Licensed Real Estate Salesperson 1519-1535 Bedford Avenue, Brooklyn, NYC - Northeast Corner of Eastern Parkway
Neighborhood Overview: A central Brooklyn neighborhood with tree-lined streets and beautiful 19th and 20th Century architecture. Eastern Parkway serves as the main thoroughfare for Crown Heights.
Home to the Labor Day Carnival which attracts between 1-3 million participants.
Crown Heights has become one of the hottest neighborhoods in the Borough for homebuyers and developers; reportedly boasting more apartment-building transactions between October 2013 and March 2014 than any other neighborhood in the city.
Area attractions include the Brooklyn Museum, Brooklyn Children’s Museum, and the Brooklyn Botanic Garden.
StoreStore AA CornerCorner StoreStore BB StoreStore CC
LEASED
BedfordBedford AvenueAvenue Eastern Parkway
EXCLUSIVE LEASING AGENT: MARK TERGESEN BEN WALLER FLORENCE WACK-WELCH 212-400-9528 | [email protected] 212-400-9515 | [email protected] 212-991-5050 | [email protected]
ABS Partners Real Estate, LLC • 200 Park Avenue South, New York, NY 10003 • T 212.400.6060 • F 212.400.6099 www.absre.com
“All information is from sources deemed reliable but is subject to errors or omissions of any magnitude, withdrawal from market, or changes in terms, all without notice. Brokers employment and payment only by written agreement.” *Licensed Real Estate Broker • **Licensed Associate Real Estate Broker • ***Licensed Real Estate Salesperson 1519-1535 Bedford Avenue, Brooklyn, NYC - Northeast Corner of Eastern Parkway
Crown Heights Residential Development: There are approximately two-dozen projects in various stages of planning and development in the neighborhood, representing hundreds of units. Most are rentals, but there are a handful of condos, signifying that affluent professionals are being drawn to Crown Heights. Larger residential projects include:
1 3 4
109-111 Montgomery Street 341 Eastern Parkway (2014) 1515 Bedford Avenue 137-unit, 131,727-square-foot 66-unit, 62,712-square-foot 144-unit, 109,887-square-foot 5 8 9 8
1579 Bedford Avenue 6 505 St.Marks Avenue (2016) Bedford-Union Armory Redev. 147-unit, 99,821-square-foot 500,000-square-foot mixed-use development to include 12 private townhouses 4 7 3 10 9
5
2 1 7
267 Rogers Avenue (2016) 1040 Dean Street (2017) 165-unit, 112,155-square-foot 120-unit, 133,582-square-foot
2 902 Franklin Avenue 6 564 St. John’s Place 10 1040 St.John’s Place 209-unit project comprised of (4) buildings totaling 168,000 square feet 193-unit, 136,864-square-foot 122-unit, 122,075-square-foot mixed-use