Retail Space
71 Brooklyn Ave Brooklyn, NY 11216
Details & Description
Call for Pricing
    52,000 sf, Cap Rate: 9.0% , Zoning: C8-2, 52,000 SF, 2-story, elevatored commercial building on the busy block create non-stop pedestrian and automobile traffic. The property generates nearly $1,100,000 in gross income and with a net income of $874,000 the offering price represents a 9.0% capitalization rate. A savvy investor may see added value in approximately 20,000 SF of air rights the C8-2 zoning allows.
    Listing Agents
    Robert Isaacs

    O: 212-581-3003
    robert@rimanhattan.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    71 Brooklyn Ave

    Brooklyn, NY 11216

    Listing ID: 216256
    71 Brooklyn Ave Brooklyn, NY 11216 | for Sale | Photo 1
    Building Size: 52,000 SF
    Lot Size: --
    Land Size: --
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Description

    52,000 sf, Cap Rate: 9.0% , Zoning: C8-2, 52,000 SF, 2-story, elevatored commercial building on the busy block create non-stop pedestrian and automobile traffic. The property generates nearly $1,100,000 in gross income and with a net income of $874,000 the offering price represents a 9.0% capitalization rate. A savvy investor may see added value in approximately 20,000 SF of air rights the C8-2 zoning allows.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    New York History of Retail Space for Sale

    Brooklyn Area Market Trends

    Listing Demographics for 71 Brooklyn Ave Brooklyn, NY 11216

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population188,8141,319,0692,800,014
    Population Median Age373637
    Population by Age0-9 Yrs20345 (10%)168573 (12%)355109 (12%)
    10-19 Yrs17992 (9%)143325 (10%)308578 (11%)
    20-29 Yrs39946 (21%)238928 (18%)479144 (17%)
    30-39 Yrs34727 (18%)242192 (18%)483138 (17%)
    40-49 Yrs23093 (12%)166986 (12%)355490 (12%)
    50-59 Yrs20886 (11%)143719 (10%)317395 (11%)
    60-69 Yrs16176 (8%)113966 (8%)264412 (9%)
    70+ Yrs15648 (8%)101379 (7%)236747 (8%)
    Median HH Income$58,848$63,029$66,966
    Total Household Income< 24K20257 (26%)125836 (24%)244372 (22%)
    25-49K14045 (18%)90754 (17%)187857 (17%)
    50-74K11234 (14%)70212 (13%)145320 (13%)
    75-99K8804 (11%)56267 (11%)118253 (11%)
    100-199K16467 (21%)111986 (21%)237837 (22%)
    200K+6664 (8%)55413 (10%)133103 (12%)
    Highest Education LevelNo Diploma19493143913324875
    Diploma or GED30890221872468212
    Some College20706127776248965
    Assoc. Degree802551480108823
    Bachelors Degree34984221382472363
    Higher Degree22099150080322406
    Total Housing Units85,678557,3781,175,732
    --Owner-Occupied15,941120,993298,597
    --Renter-Occupied61,529389,475768,146
    Owner-Occupied Values< 100K49140909710
    100-199K32123986553
    200-299K344405411485
    300-399K379931320334
    400-499K4421236831941
    500K+1396488769218573
    Total Working Age Population157,3221,061,0072,256,169
    In Work Force105,420708,8281,474,744
    Not In Work Force51,902352,179781,425
    Workforce Employed98,564663,3271,389,578
    Workforce Unemployed6,84345,27684,608
    Civlian Workforce105,407708,6031,474,186
    Military Workforce13225558
    Total Households77,470510,4681,066,743
    Family Households38,756283,646610,090
    Non-Family Households38,714226,822456,653
    Married Couple18,873154,095377,469
    Other Family19,883129,550232,621
    Married w/Child8,08369,995167,838
    Single Male w/Child1,2099,02316,831
    Single Female w/Child6,04443,26674,731

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Hudson County608,975+4634,266+12708,100+6747,400
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Kings County2,465,326+22,504,700+92,738,283+52,863,996
    New York County1,537,195+31,585,873+61,688,894+21,727,631
    Queens County2,229,37902,230,722+92,436,549+52,565,268

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the building size of this Retail property in Brooklyn, NY?
    The size of the building/unit at 71 Brooklyn Ave in Brooklyn is 52,000 square feet
    What kind of Retail is the propery at 71 Brooklyn Ave?
    The property at 71 Brooklyn Ave Brooklyn, NY 11216 is listed as a Other Retail Retail property
    What is the population within 1 mile of 71 Brooklyn Ave in Brooklyn?
    The population within 1 mile of 71 Brooklyn Ave Brooklyn, NY 11216 is 188,814 people.
    Who do I contact for questions about 71 Brooklyn Ave?
    You should contact the listing agent, Robert Isaacs, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    La Guardia Airport (LGA) 8
    John F Kennedy International Airport (JFK) 9
    Newark Liberty International Airport (EWR) 12