430 ALBEE SQUARE DOWNTOWN, BROOKLYN 430 Albee Square DOWNTOWN, BROOKLYN
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COMMERCIAL SPACE FOR LEASE 430 ALBEE SQUARE DOWNTOWN, BROOKLYN 430 Albee Square DOWNTOWN, BROOKLYN LOCATION GROUND FLOOR Between Fulton Street and Willoughby Street Space: 10,054 SF Directly across from City Point Frontage: 100 FT Adjacent to One Willoughby Square Tower Ceiling Height: 16 FT Steps away from Fulton Street Mall One block from Metro-Tech Campus SECOND FLOOR Space: 9,017 SF POSSESSION Outdoor: 2,132 SF Ceiling Height: 16 FT Immediate LOWER LEVEL ASKING RENT Space: 7,953 SF Upon Request Ceiling Height: 16 FT PROPERTY OVERVIEW • Retail is located at the base of a brand new 28 story luxury residential tower with 150 residential units • Premium retail space featuring 100 FT of floor to ceiling glass frontage • Centered within the heart of Downtown Brooklyn’s most highly anticipated new development projects NEIGHBORING TENANTS 430 Albee Square DOWNTOWN, BROOKLYN FLOORPLAN: GROUND LEVEL FLOORPLAN: SECOND LEVEL Outdoor Albee Square Albee Square 430 Albee Square DOWNTOWN, BROOKLYN FLOORPLAN: LOWER LEVEL Albee Square 430 Albee Square DOWNTOWN, BROOKLYN DEMOGRAPHICS • Average Annual Household Income: $158,471 • Average age of residents: 37 • 77.7% of residents have a bachelor’s or graduate 13,091,255 annual ridership degree • Over 100,000 office workers within ½ mile radius Willoughby Square Park • One Willoughby $1,200 psf retail sales Square Tower • Home to 35 million annual shoppers City Point HIGHLIGHTS 2,356,001 annual ridership • Centered in Downtown Brooklyn’s most popular business district • Within a few block radius of nearly 15,000 up- and-coming apartments • 13 Subway lines – 26,737,339 annual subway transfers 5,640,329 annual ridership • Parking garage with 700 parking spaces below Willoughby Square Park, a one-acre park on the same block TRANSPORTATION 3,082,398 annual ridership • 3,220,745 annual ridership at DeKalb Avenue – 0.2 mile 430 Albee Square • at Nevins Street – 0.3 mile • at Hoyt-Schermerhorn – 0.3 mile • at Hoyt Street – 0.3 mile • at Jay St-MetroTech – 0.3 mile Neighbors CITY POINT / BROOKLYN POINT GLA H e i g h t 675,000 SF 720 FT Residential Unit's F l o o r s 16 FT 1,290 68 ANCHOR TENANTS Century 21 Trader Joe’s Target Alamo Cinemas Dekalb Food Hall (Anchored by Katz’s Deli) SITE STATUS City Point – Completed 2016 Brooklyn Point (Residential Tower) – Occupancy 2020 OVERVIEW • City Point is Downtown Brooklyn’s largest new retail development • $1,200 per square foot retail sales • 35 million annual shoppers Neighbors ONE WILLOUGHBY SQUARE / WILLOUGHBY SQUARE PARK GLA Parking Spaces 390,000 SF 700 SITE STATUS One Willoughby Square (Mixed-Use Tower) – Occupancy 2020 Willoughby Square Park / Parking Garage – Completion 2020 OVERVIEW • Willoughby Park will have the largest self-parking garage in the country with 700 self-park spaces below a 1-acre park • 300-Seat Public School occupying 87K SF at One Willoughby Square • FXCollaborative Architects occupying 40K SF at One Willoughby Square • Downtown Brooklyn is home to over 17M SF of office space, making the area the third largest office market in NYC • Plans to add over 2M SF of office space in the next few years • Demand for office space is at an all time high (3% vacancy rate) • Beneficial Tax Incentives for companies moving to Brooklyn Contact Harrison Balisky Keat Chew Brad Krosser 516.672.4493 Harrison Balisky 347.571.3338Brendan Thrapp 862.368.7271 [email protected] [email protected] [email protected] [email protected] [email protected].