Bensonhurst Commercial Building For Lease 7712—7720 New Utrecht Avenue, Brooklyn, NY 11214
Prepared by: Richard DiPietro Licensed R.E. Salesperson Office: 718-921-3100 x107 Mobile: 347-693-2995 Email: richard.dipietro@coldwellbanker.com 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.
Table of Contents
Executive Summary____________________________________3 Property Details_______________________________________4 Retail Map____________________________________________5 Floor Plans________________________________________6—8 Maps & Aerials________________________________________9 Traffic Count Report __________________________________10 Demographic Market Comparison Report_____________11 —12 Demographic Summary Report__________________________13 Daytime Employment Report____________________________14 Consumer Spending Report_____________________________15 Interior Photos____________________________________16—18 Contact Information___________________________________ 19 Confidentiality Statement______________________________ 20
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Executive Summary The Offering:
Executive Summary
Coldwell Banker Reliable Commercial Division is pleased to offer 7712-7720 New Utrecht Avenue for lease, a two story commercial building located in the Bensonhurst section of Brooklyn. The property features 21,700 SF, minimum divisible 1,600 SF. Currently set up as professional / medical offices, with zoning to accommodate a variety of retail and professional uses. For additional information please contact Exclusive Broker Coldwell Banker Reliable Commercial Division.
Investment Highlights:
Entire building 21,700 SF NNN: $29.36 Per SF Per Year / $53,100 Monthly / $637,200 Annually
8,500 SF 1st Floor: $28 Per SF Per Year / $19,833 Monthly / $238,000 Annually
7712-7720 New Utrecht Avenue, Brooklyn NY 11214
7,200 SF 2nd Floor: $26 Per SF Per Year / $15,600 Monthly / $187,200 Annually
Property Specifications
6,000 SF fully finished Lower Level: $24 Per SF Per Year / $12,000 Monthly / $144,000 Annually
Property Type:
Renovated in 2005, equipped with elevator, central A/C and handicap accessibility.
Class:
Currently set up as professional / medical offices, with zoning to accommodate a variety of commercial and residential uses. Four gas meters & five electric meters accommodating single or multi tenancy.
The Property
Commercial Professional Building (O7)
Building Size: Lot Size:
9,697 SF
Minimum / Maximum SF
1,600 SF up to 21,700 SF
Location Highlights: Entire Building
Corner location on New Utrecht Ave, a prime retail corridor.
1st Floor
Walking distance to public transportation. Steps away from the D train. Property positioned between three subway entry / exit ways.
2nd Floor
Near New Utrecht High School.
Year Built :
Average daily traffic count approximately 8,125. Population of approximately 897,368 within 3 miles.
Number of Stories: Zoning:
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
21,700 SF
Lower Level
21,700 SF NNN: $29.36 Per SF Per Year / $53,100 Monthly / $637,200 Annually 8,500 SF: $36 Per SF Per Year / $25,500 Monthly / $306,000 Annually 7,200 SF: $26 Per SF Per Year / $15,600 Monthly / $187,200 Annually 6,000 SF: $24Per SF Per Year / $12,000 Monthly / $144,000 Annually 1929 2 + fully finished lower level C1-2 / R5
Coldwell Banker Reliable Commercial Division
Property Overview Property Address 7712-7720 New Utrecht Avenue, Brooklyn, NY 11214
Property Details Coldwell Banker Reliable Commercial Division is pleased to offer 7712-7720 New Utrecht Avenue for lease, a two story commercial building located in the Bensonhurst section of Brooklyn. The property features 21,700 SF on a 9,697 SF lot, zoned C1-2 / R5. Currently set up as professional / medical offices, with zoning to accommodate a variety of retail and professional uses. Walking distance to public transportation, steps away from the D train and positioned between three subway entry / exit ways. For additional information please contact Exclusive Broker Coldwell Banker Reliable Commercial Division.
For Lease Price
Entire building 21,700 SF NNN: $29.36 Per SF Per Year / $53,100 Monthly / $637,200 Annually
8,500 SF 1st Floor: $28 Per SF Per Year / $19,833 Monthly / $238,000 Annually
7,200 SF 2nd Floor: $26 Per SF Per Year / $15,600 Monthly / $187,200 Annually
6,000 SF fully finished Lower Level: $24 Per SF Per Year / $12,000 Monthly / $144,000 Annually
Property Specifications Property Type: Building Class: Building Size: Buildings on Lot Stories Zoning
Commercial Professional Building (O7) 21,700 SF 1 2 + fully finished lower level C1-2 / R5
Semi Detached Amenities
Corner Location Elevator / Central A/C / Handicap Accessibility
Property Features
Location Information Cross Street: Metro Market: Submarket: County:
78th Street Brooklyn Bensonhurst Brooklyn
Tenancy Information Tenancy:
Suitable for Single NNN Tenant or Multiple Tenants
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Retail Map
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Floor Plans (1st Floor)
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Floor Plans (2nd Floor)
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Floor Plans (Lower Level)
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Property Overview Maps & Aerials
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Market Overview Traffic Count Report
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Market Overview Demographic Market Comparison Report
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Market Overview Demographic Market Comparison Report (Continued)
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Market Overview Demographic Summary Report
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Market Overview Daytime Employment Report
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Market Overview Consumer Spending Report
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Interior Photos 1st Floor
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Interior Photos 2nd Floor
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Interior Photos Lower Level
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Coldwell Banker Reliable Commercial Division
Contact Information
Contact Info For more information, please contact:
Richard DiPietro, Licensed R.E. Salesperson 7428 5th Ave. Brooklyn, NY, 11209 Phone: 1-347-809-5192 Fax: 1-347-809-5192 Mobile: 1-347-693-2995 Email: richard.dipietro@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 investor in determining whether it wishes to proceed with an indepth 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 Commercial affiliate or by the lessor. The projections and pro forma budget contained herein represent best estimates on assumptions considered reasonable under the circumstances. No representations or warranties, expressed or implied, are made that actual results will conform to such projections. 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. Interested lessees should be aware that the lessor is selling the Property “AS IS” CONDITION WITH ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE. Prior to and/or after contracting to purchase, as appropriate, lessee will be given a reasonable opportunity to inspect and investigate the Property and all improvements thereon, either independently or through agents of the lessee’s choosing. The lessor 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 buy must be: (i) presented in the form of a non-binding letter of intent; (ii) incorporated in a formal written contract of purchase and sale to be prepared by the lessor and executed by both parties; and (iii) approved by Lessor and such other parties who may have an interest in the Property. Neither the prospective lessee nor lessor shall be bound until execution of the contract of purchase and sale, which contract shall supersede prior discussions and writings and shall constitute the sole agreement of the parties. Prospective lessee 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