Prime Borough Park Community Facility/Medical Space - For Lease 4616 Ft. Hamilton Pkwy, Brooklyn, NY - 1,800 SF
Rent Upon Request Joseph T. Hamdan, NYS Licensed Real Estate Broker Office: (718) 921-3100 x 105 Kimberly A. Fong, NYS Licensed Real Estate Salesperson
Office: (718) 921-3100 x 161
Phone: (718)921-3100 Web: www.cbrcd.com
Coldwell Banker Reliable Commercial Division
7428 Fifth Avenue, Brooklyn, NY 11209
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.
Executive Summary The Offering: Coldwell Banker Reliable Commercial Division is pleased to offer for lease 1,800 SF of ground floor community facility/medical space plus finished basement space at 4616 Fort Hamilton Parkway, Brooklyn, NY 11219. The renovated and open space will be delivered as a vanilla box. 4616 Fort Hamilton Parkway is centrally located, in close proximity to public transportation and is steps away from Maimonides Medical Center. Nearby tenants include Maimonides’ Center for Bloodless Medicine and Surgery and Perinatal Testing Center, as well as numerous schools. The space is suitable for uses including but not limited to healthcare, education, and child or adult care. For additional information, or to schedule a property tour, please contact Exclusive Broker, Coldwell Banker Reliable Commercial Division. Borough Park is a neighborhood in the southwestern part of Brooklyn. It is bounded by Bensonhurst and Dyker Heights to the south, Sunset Park to the west, Kensington to the northeast and Midwood to the southeast.
Investment Highlights:
Vanilla Box condition
Multiple Means of Egress
Executive Summary
The Property 4616 Fort Hamilton Parkway, Brooklyn, NY 11219
Property Specifications Property Type:
Mixed-Use Property
Space
1,800 SF plus Basement
Zoning
R6
Location Highlights:
Close proximity to Maimonides Medical Center and schools.
Close proximity to Fort Hamilton Parkway D train station and major Fort Hamilton Parkway and New Utrecht Avenue roads
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
4616 Fort Hamilton Pkwy Brooklyn, NY 11219
Population
1-mi.
3-mi.
5-mi.
188,575
1,047,415
2,164,083
797
8,200
31,528
188,575
1,047,415
2,164,083
Rural Population
0
0
0
Not defined
0
0
0
126,135
795,369
1,661,188
1.0
0.9
0.9
Female Population
92,480
539,414
1,139,258
Male Population
96,095
508,001
1,024,825
3.3
23.2
53.9
1-mi.
3-mi.
5-mi.
Median Age, Total
28.3
34.4
34.9
Median Age, Male
27.8
33.2
33.4
Median Age, Female
28.9
35.7
36.5
% Age 18+
66.9
75.9
76.8
% Age 21+
63.2
72.7
73.3
% Age 55+
17.1
22.5
23.5
% Age 65+
8.4
11.5
12.2
Total Population Group Quarters Population Urban Population
Adult Population Ratio of Males to Females
Land Area (Square Miles)
Age
Ethnicity
1-mi.
3-mi.
5-mi.
% White
41.2
44.3
39.6
% Black
1.0
17.4
29.4
% Asian
32.8
18.3
13.0
% Hispanic
23.4
17.6
15.5
1.5
2.4
2.5
1-mi.
3-mi.
5-mi.
189,866
1,054,628
2,200,565
797
8,204
31,535
Adult Population
127,034
801,496
1,692,493
Total Households
53,154
383,007
830,928
Per Capita Income (based on Total Population)
17,329
28,535
29,743
132,043
825,330
1,742,134
1-mi.
3-mi.
5-mi.
% White
39.8
43.0
38.7
% Black
1.0
16.9
28.9
% Asian
33.4
18.9
13.5
% Hispanic
24.3
18.5
16.3
1.6
2.6
2.7
Housing and Household's
1-mi.
3-mi.
5-mi.
Total Housing Units
54,061
391,332
846,860
Total Households
52,762
378,029
810,515
Owner-Occupied: Owned with a mortgage or loan
6,639
63,308
151,503
Owner-Occupied: Owned free and clear
5,314
37,344
77,957
40,809
277,377
581,054
$42,288,181
$298,130,144
$608,604,057
1.2
1.3
1.3
% Other
5 Year Projections Total Population Group Quarters Population
Total Population 16+
5 Year Ethnicity Projections
% Other
Renter-Occupied Aggregate Contract Rent Average (Mean) Number of Vehicles Available
Housing Value
1-mi.
3-mi.
5-mi.
14
167
708
Housing Value $10,000-$14,999
25
234
680
Housing Value $15,000-$19,999
5
297
882
Housing Value $20,000-$24,999
6
228
851
Housing Value $25,000-$29,999
12
146
385
Housing Value $30,000-$34,999
21
216
414
Housing Value $35,000-$39,999
31
370
699
Housing Value $40,000-$49,999
62
511
1,164
Housing Value $50,000-$59,999
68
624
1,388
Housing Value $60,000-$69,999
104
744
1,295
Housing Value $70,000-$79,999
105
652
1,314
Housing Value $80,000-$89,999
105
480
962
Housing Value $90,000-$99,999
62
650
1,384
Housing Value $100,000-$124,999
84
1,084
2,627
Housing Value $125,000-$149,999
63
910
2,105
Housing Value $150,000-$174,999
137
1,850
4,722
Housing Value $175,000-$199,999
281
2,229
5,207
Housing Value $200,000-$249,999
503
3,985
9,527
Housing Value $250,000-$299,999
641
5,367
12,929
Housing Value $300,000-$399,999
899
9,513
28,977
Housing Value $400,000-$499,999
1,675
14,319
40,564
Housing Value $500,000-$749,999
3,806
28,692
62,758
Housing Value $750,000-$999,999
2,505
17,270
29,228
Housing Value $1,000,000 or more
738
10,114
18,690
Total Owner-occupied housing units (OOHU)
11,953
100,652
229,460
Income
1-mi.
3-mi.
5-mi.
Per Capita Income (based on Total Population)
$15,204
$25,006
$25,792
Average (Mean) Household Income
$55,335
$71,466
$70,861
Median Household Income
$37,392
$48,226
$46,782
$2,929,819,964
$27,121,998,667
$57,841,841,635
Housing Value
< $10,000
Aggregate Income
% Households by Income
1-mi.
3-mi.
5-mi.
% Household Income < $10,000
11.2
9.7
11.6
% Household Income $10,000-$14,999
9.4
6.8
6.9
% Household Income $15,000-$19,999
8.0
5.7
5.7
% Household Income $20,000-$24,999
7.4
5.6
5.5
% Household Income $25,000-$29,999
6.5
5.4
5.1
% Household Income $30,000-$34,999
5.2
4.9
4.8
% Household Income $35,000-$39,999
5.1
4.6
4.5
% Household Income $40,000-$44,999
4.9
4.5
4.4
% Household Income $45,000-$49,999
4.1
4.3
4.0
% Household Income $50,000-$59,999
7.9
8.2
7.7
% Household Income $60,000-$74,999
8.9
9.8
9.3
% Household Income $75,000-$99,999
8.3
10.6
10.4
% Household Income $100,000-$124,999
5.3
7.0
7.1
% Household Income $125,000-$149,999
3.1
4.2
4.2
% Household Income $150,000-$199,999
2.6
4.5
4.3
% Household Income $200,000-$249,999
0.9
1.8
1.8
% Household Income $250,000-$499,999
0.9
1.5
1.6
% Household Income $500,000+
0.5
1.0
1.1
Education
1-mi.
3-mi.
5-mi.
College undergraduate
10,492
59,301
129,281
Graduate or prof school
1,716
17,600
39,101
Employment and Occupation
1-mi.
3-mi.
5-mi.
Total Civilian employed population aged 16+
64,511
421,175
873,713
% Employment by Industry
1-mi.
3-mi.
5-mi.
1.1
0.3
0.3
89.6
90.7
90.6
9.4
9.0
9.1
45.3
43.5
43.8
0
0.1
0.1
% Construction
7.5
6.1
5.2
% Manufacturing
8.2
4.8
4.0
% Wholesale trade
4.0
3.0
2.4
10.5
9.1
9.1
% Transportation and warehousing and utilities
4.4
5.4
5.8
% Information
1.5
3.5
3.7
% Finance and ins, real estate, rental and leasing
6.1
8.3
8.8
% Professional, sci, mgmt, admin and waste mgmt svcs
8.2
12.3
12.7
% Educational svcs, health care and social asst
20.7
26.7
28.9
% Arts, entertainmnt, recreation, accom. and food svcs
20.1
11.3
9.4
% Other svcs, except public admin
7.2
6.1
5.7
% Public admin
1.7
3.4
4.2
Transportation to Work
1-mi.
3-mi.
5-mi.
Total Workers 16+
64,511
421,175
873,713
Car, truck, or van
16,450
104,378
225,217
Public transport (not taxi)
33,323
253,750
517,938
342
1,621
3,546
43
158
537
Bicycle
571
3,565
7,152
Walked
11,005
39,409
81,712
393
2,097
4,525
2,383
16,197
33,085
% Armed Forces % Civilian, Employed % Civilian, Unemployed % Not in Labor Force % Agriculture, forestery, fishing/hunting, mining
% Retail trade
Taxicab Motorcycle
Other means Worked at home
Consumer Expenditures
1-mi.
3-mi.
5-mi.
Average Apparel
$1,702.5
$1,873.9
$1,874.3
Average Education
$2,179.6
$1,932.7
$1,862.1
Average Entertainment
$2,178.2
$2,404.2
$2,314.6
Average Food and Beverages
$6,283.9
$6,768.1
$6,660.3
$712.9
$820.8
$806.5
Average Health Care
$2,657.6
$2,808.4
$2,681.2
Average Household Furnishings and Equipment
$1,360.0
$1,526.1
$1,469.2
Average Household Operations
$1,042.0
$1,180.3
$1,168.7
Average Personal Care
$513.3
$580.0
$588.6
Average Personal Expenditure
$538.6
$601.2
$569.0
$97.3
$109.8
$103.5
$12,599.2
$13,528.8
$13,202.8
Average Transportation
$7,559.3
$8,219.0
$7,766.5
Average Utilities
$3,461.9
$3,686.6
$3,656.5
1-mi.
3-mi.
5-mi.
$140,780,691
$1,122,985,638
$2,200,619,478
Furniture & Home Furnishings Stores
$22,033,618
$178,086,660
$373,192,558
Electronics & Appliance Stores
$15,762,313
$125,105,962
$259,919,403
Building Material & Garden Equipment & Supply Dealers
$31,612,901
$258,366,202
$530,455,373
$154,253,689
$1,141,627,986
$2,432,148,575
$22,318,623
$168,005,870
$349,110,269
$122,313,974
$917,548,245
$1,923,354,598
Clothing & Clothing Accessories Stores
$43,423,916
$342,105,317
$731,402,009
Sporting Goods, Hobby, Book, & Music Stores
$12,595,445
$96,658,395
$201,894,055
General Merchandise Stores
$119,889,788
$917,570,571
$1,944,051,368
Miscellaneous Store Retailers
$19,881,288
$153,206,725
$317,808,254
Nonstore retailers
$56,555,857
$435,457,873
$900,749,286
$125,148,508
$1,032,940,214
$2,142,997,196
General Merchandise, Apparel and Accessories, Furniture and Other $220,190,561 Sales
$1,710,211,102
$3,616,203,648
Average Gifts
Average Reading Average Shelter
Demand by Store Type Motor Vehicle & Parts Dealers
Food & Beverage Stores Health & Personal Care Stores Gasoline stations
Foodservice & Drinking Places
2015/2016 Demographics provided by Experian through Alteryx
Contact Information
Contact Info For more information, please contact:
Joseph T. Hamdan, NYS Licensed Real Estate Broker 7428 5th Ave Brooklyn, NY, 11209 Phone: (718) 921-3100 x105 Mobile: (917) 365-0215 Email: jhamdan@cbreliable.com Kimberly A. Fong, NYS Licensed Real Estate Salesperson 7428 5th Ave. Brooklyn, NY, 11209 Phone: (718) 921-3100 x161 Mobile: (917) 903-1002 Email: kimberly.fong@coldwellbanker.com Coldwell Banker Reliable Commercial Division 7428 5th Ave Brooklyn, NY, 11209 Phone: (718) 921-3100 Fax: (718) 921-3110 Website: cbrcd.com
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Confidentiality Statement
Confidentiality Statement This offering has been prepared solely for informational purposes. It is designed to assist a potential tenant 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.
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division