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Kings Highway KINGS HIGHWAY PLAZA ANCHORED BY BROOKLYN, NYC INTRODUCING KINGS HIGHWAY PLAZA 80,000 SF OF NEW CONSTRUCTION A TRAFFIC LIGHT INTERSECTION 200+ PARKING SPOTS READY FOR OCCUPANCY Q2 2020 SITE INFO 5200 KINGS HIGHWAY EAST FLATBUSH, BROOKLYN Size Demographics Retail 1 50,053 SF - Selling Level - Target (Leased) .5 Mile 1 Mile 2 Miles Retail 2 10,455 SF - Selling Level - Five Below (Leased) Retail 3 12,916 SF - Selling Level Population 21,002 98,585 467,739 Retail 4 3,898 SF - Ground Floor Households 7,919 34,811 168,340 Retail 5 2,194 SF - Ground Floor - Smashburger (Leased) Average $88,836 $92,565 $84,267 Household Income Asking Rent Total 705 2,268 12,781 Upon Request Businesses Possession Comments Q3/2020 Over 12,000 SF adjacent to new Target Currently Over 3,800 SF on Kings Highway New Construction 200+ parking spaces at a traffic light intersection Frontage 270’ on Kings Highway Located at the convergence of Kings Highway, Foster Ave, Utica Ave, and Glenwood Rd Neighbors 65,000 total VPD on nearby major roads Kings Plaza Mall, BJ’s, Canarsie Plaza, CVS, Dollar Tree Excellent visibility from all directions Parking Free rooftop parking, 200+ cars 3 FLOOR PLANS MULTIPLE LEVELS OF DIVISIBLE RETAIL SPACES... ANCHORED BY TARGET. FLOOR PLANS SELLING LEVEL PLAN GROUND FLOOR Selling Level RETAIL RETAIL 3 10,455 SF 12,916 SF Ground Floor (DIVISIBLE) RETAIL 1 UTICA AVENUE UTICA 50,053 SF LOADING KINGS HIGHWAY Parking Lot COMMON LOBBY Loading Dock Retail Below Y A Retail W H Below IG H S 200 MIN. PARKING SPACES G N (STRIPING PLAN SHOWN FOR REFERENCE ONLY) UP I DN K UTICAUTICA AVE. AVE. UTICAUTICA AVE. AVE. OPEN TO BELOWBELOWBELOW Plaza Entry/Exit Ramp #2 Entry/Exit Ramp #1 16104NYKH 5200 Kings Highway DECK PLAN 1" = 40'-0" 5/15/2018 No copies, transmissions, reproductions, or electronic revisions of any portions of these drawings in whole or in 270 Lafayette St . Suite 700 part be made without the express written permission of Zyscovich Architects. All designs indicated in these New York . NY 10012 e [email protected] drawings are property of Zyscovich Architects. All copyrights reserved © 2018. t 212.343.0044 f 212.343.0046 w www.zyscovich.com S01_03 5 FLOOR PLANS GROUND FLOOR PLAN 2,100 SF RETAIL 4 3,898 SF (PROPOSED 1,798 SF Selling Level DIVISION) KINGS HIGHWAY Ground Floor RETAIL 5 2,194 SF PLAZA 500 SF Parking Lot Loading Dock Retail Below Y A Retail W H Below IG H S 200 MIN. PARKING SPACES G N (STRIPING PLAN SHOWN FOR REFERENCE ONLY) UP I DN K UTICAUTICA AVE. AVE. UTICAUTICA AVE. AVE. OPEN TO BELOWBELOWBELOW Plaza Entry/Exit Ramp #2 Entry/Exit Ramp #1 16104NYKH 5200 Kings Highway DECK PLAN 1" = 40'-0" 5/15/2018 No copies, transmissions, reproductions, or electronic revisions of any portions of these drawings in whole or in 270 Lafayette St . Suite 700 part be made without the express written permission of Zyscovich Architects. All designs indicated in these New York . NY 10012 e [email protected] drawings are property of Zyscovich Architects. All copyrights reserved © 2018. t 212.343.0044 f 212.343.0046 w www.zyscovich.com S01_03 6 FLOOR PLANS PARKING LOT GROUND FLOOR Selling Level RETAIL 200+ PARKING SPOTS Ground Floor LOADING UTICA AVENUE UTICA KINGS HIGHWAY Parking Lot Loading Dock Retail Below Y A Retail W H Below IG H S 200 MIN. PARKING SPACES G N (STRIPING PLAN SHOWN FOR REFERENCE ONLY) UP I DN K UTICAUTICA AVE. AVE. UTICAUTICA AVE. AVE. OPEN TO BELOWBELOWBELOW Plaza Entry/Exit Ramp #2 Entry/Exit Ramp #1 16104NYKH 5200 Kings Highway DECK PLAN 1" = 40'-0" 5/15/2018 No copies, transmissions, reproductions, or electronic revisions of any portions of these drawings in whole or in 270 Lafayette St . Suite 700 part be made without the express written permission of Zyscovich Architects. All designs indicated in these New York . NY 10012 e [email protected] drawings are property of Zyscovich Architects. All copyrights reserved © 2018. t 212.343.0044 f 212.343.0046 w www.zyscovich.com S01_03 7 DEMOGRAPHICS + MAPS 65,000 CARS CIRCLING THE SITE UTICA AVE KINGS HWY FOSTER AVE GLENWOOD RD GLENWOOD RD KINGS HWY UTICA AVE REGIONAL MAPS RETAIL AND TRAFFIC MAP CANARSIE PLAZA REMSEN AVE FOSTER AVE UTICA AVE AVE UTICA UTICA FARRAGUT RD RALPH AVE KIINGS HWY FLATLANDS AVE GLENWOOD RD FLATBUSH AVE 5200 Kings Hwy TRIANGLE PLAZA NOSTRAND AVE UTICA AVE AVE UTICA UTICA GEORGETOWN S.C. 9 REGIONAL MAPS RETAIL AND TRAFFIC MAP CANARSIE PLAZA MALL GLENWOOD RD – 10,463 VPD FOSTER AVE – 20,256 VPD KINGS HIGHWAY – 25,385 VPD TRIANGLE JUNCTION 5200 KINGS HIGHWAY KINGS HIGHWAY – 25,385 VPD 65,000 CARS RALPH AVENUE CIRCLING THE SITE FLATBUSH AVE FLATBUSH FLATLANDS AVE UTICA AVE – 19,484 VPD FLATLANDS AVE KINGS HIGHWAY – 25,385 VPD FLATLANDS AVE GEORGETOWN SHOPPING CENTER UTICA AVE – 19,484 VPD RALPH AVENUE FLATBUSH AVE FLATBUSH RALPH AVENUE PLAZA N 10 DEMOGRAPHICS BROOKLYN DEMOGRAPHICS BROOKLYN NEIGHBORHOOD DEMOGRAPHIC BREAKDOWN (2016) GREENPOINT NEIGHBORHOOD POPULATION MED. HH. INC. WILLIAMSBURG FLATLANDS/CANARSIE 208,091 $76,870 FLATBUSH AVENUE DUMBO NAVY YARD BUSHWICK BENSONHURST 189,426 $52,080 DOWNTOWN BROOKLYNHEIGHTS BROOKLYN CLINTON HILL COBBLE FORT BEDFORD- GREENPOINT/WILLIAMSBURG 166,361 $71,050 HILL BOERUM GREENE STUYVESANT HILL ATLANTIC AVENUE CYPRESS HILLS CARROLL GARDENS ATLANTIC AVENUE FLATBUSH/MIDWOOD 163,620 $51,640 RED PROSPECT ATLANTIC AVENUE FLATBUSH AVENUE HOOK HEIGHTS PARK GOWANUS SLOPE EAST NEW YORK/STARRETT CITY 160,769 $38,620 CROWN HEIGHTS BROWNSVILLE EAST NEW YORK Prospect Park SHEEPSHEAD BAY 159,017 $61,330 LEFFERTS GARDENS FLATB USHAVENUE Green-Wood WINDSOR BOROUGH PARK 151,250 $46,690 Cemetary TERRACE SUNSET PARK PROSPECT PARK EAST SOUTH FLATBUSH KENSINGTON SUNSET PARK 149,399 $53,310 EAST FLATBUSH CANARSIECANARSIE FLATBUSH FLATBUSH AVENUE SITE PARKVILLE BEDFORD STUYVESANT 148,237 $52,440 BOROUGH PARK BAY RIDGE FLATLANDS FLATLANDS EAST FLATBUSH MIDWOOD 145,860 $52,260 BERGEN DYKER HEIGHTS BEACH FLATBUSH AVENUE FORT HAMILTON FORT GREENE/BROOKLYN HEIGHTS 143,328 $88,690 BENSONHURST MARINE PARK MILL BASIN BUSHWICK 139,306 $49,380 Brooklyn BATH BEACH Marine Park GRAVESEND SHEEPSHEAD CROWN HEIGHTS/PROSPECT HEIGHTS 134,788 $52,900 BAY Gerritsen Barren Island Beach CONEY ISLAND 116,847 $39,980 BRIGHTON PARK SLOPE/CARROLL GARDENS 114,007 $105,910 BEACH MANHATTAN SEA BEACH GATE CONEY ISLAND S. CROWN HEIGHTS/LEFFERTS GARDENS 110,382 $51,790 BROWNSVILLE 109,658 $30,800 THE NEIGHBORHOODS SURROUNDING KINGS HIGHWAY PLAZA HAVE THE HIGHEST POPULATIONS, AND ARE AMONG HIGHEST INCOMES IN BROOKLYN! 11 REGIONAL MAPS DRIVETIME MAP DISTANCE MAP 15 min drivetime 10 min drivetime 2 Mile Radius 1 Mile Radius 5 min drivetime .5 Mile Radius Demographics Demographics 5 Minutes 10 Minutes 15 Minutes 5 Minutes 10 Minutes 15 Minutes .5 Mile 1 Mile 2 Miles .5 Mile 1 Mile 2 Miles Population 132,854 400,595 769,604 Average $91,586 $85,775 $79,356 Population 21,002 98,585 467,739 Average $88,836 $92,565 $84,267 Household Household Income Income Households 46,847 144,488 282,988 Total 3,966 11,499 21,585 Households 7,919 34,811 168,340 Total 705 2,268 12,781 Businesses Businesses 12 RENDERINGS INTERIORS, FRONTAGE, PARKING, AND ENTRANCES RENDERINGS KINGS HIGHWAY – CORNER AERIAL 14 RENDERINGS KINGS HIGHWAY FRONTAGE 15 RENDERINGS KINGS HIGHWAY – CORNER AERIAL 16 RENDERINGS ROOFTOP PARKING 17 RENDERINGS INTERIOR LOWER LOBBY 18 RENDERINGS INTERIOR 19 LEASING TEAM PETER RIPKA GEOFF BAILEY Co-Founder Managing Director Peter Ripka co-founded Ripco Real Estate Corp Geoff Baily is a seasoned real estate professional in 1991 with his close friend and current partner, with over 12 years of experience in the outer Todd Cooper. Since that time, Ripco has grown boroughs and Manhattan. He began his career to have four offices in Manhattan, Brooklyn, Long in Southeast Brooklyn covering investment sales Island, and New Jersey and there now over 70 for Massey Knakal. He then founded the retail associates. practice at boutique Brooklyn Firm TerraCRG. Peter has been instrumental in leasing over Geoff came to RIPCO from SCG Retail in 2018. 3 million SF of retail space throughout New His experience covers storefront leasing, York City for a number of developers including investment sales, and large retail project Forest City Ratner, Related Cos., Vornado, and consulting and leasing. His client list includes Equity One. He has also leased retail properties tenants such as Lady M Cakes, Starbucks, throughout metro NY including Westchester, the Joel Robuchon, Brooklyn Flea, Soul Cycle, and Hamptons, and New Jersey. He completed deals landlords including Extell, Hudson Companies, in these buildings and projects with such diverse RXR, Sterling Project Development, Jamestown, retailers as: Apple, Barneys, Sephora, H&M, F&T Group, Shanghai Construction Group, Williams Sonoma, and Legoland Discovery Center. Allyear Management, and Sydell Group. Peter has been a multiple winner of the Retail Deal of the Year award from the Real Estate Board of New York (REBNY), is a member of the Real Estate Board of New York (REBNY), and the International Council of Shopping Centers (ICSC). He holds a B.A. from Northwestern University and J.D. from Hofstra Law School. Brooklyn 32 Court Street 10th Floor Brooklyn, NY 11201 718.233.6565 ripcony.com.
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