Retail Space / New York / Brooklyn / 11234 / 5401 Flatlands Avenue

5401 Flatlands Avenue

Q: What is the asking price for 5401 Flatlands Avenue in Brooklyn?

The asking price for 5401 Flatlands Avenue is $5,100,000

Q: What is the building size of this Retail property in Brooklyn, NY?

The size of the building/unit at 5401 Flatlands Avenue in Brooklyn is 9,950 square feet.

Q: How much land does the Brooklyn, NY property at 5401 Flatlands Avenue include?

5401 Flatlands Avenue in Brooklyn includes 0.228 acres of land.

Q: What kind of Retail is the propery at 5401 Flatlands Avenue?

The property at 5401 Flatlands Avenue Brooklyn, NY 11234 is listed as a Shopping Center Retail property.

Q: What is the population within 1 mile of 5401 Flatlands Avenue?

The population within 1 mile of 5401 Flatlands Avenue Brooklyn, NY 11234 is 98,614 people.

Q: Who do I contact for questions about 5401 Flatlands Avenue?

You should contact the listing agent, Greg Melanson, for any details regarding this commercial listing.

Brooklyn, NY 11234

Listing ID: 252219

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5401 Flatlands Avenue | for Sale | Thumbnail 1

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Building Size: 9,950 SF

Lot Size: 0.228 AC

Land Size: 9,932 SF

Building $/SF: $512.56

Land $/SF: $513.49

Price

$5,100,000

Property Highlights

Fully occupied with strong COVID collection history

Neighborhood based retail tenants have been immune to ecommerce and thrived during the pandemic

Description

5401 Flatlands Avenue is a +/- 9,950 square foot retail shopping center occupying a full block on Flatlands Avenue between E 54th Street and E 55th Street in the Flatlands neighborhood of Brooklyn. The property is 100% leased to 7 different tenants all with multiple years remaining and currently reimbursing for property tax increases above their individual base years.

Attachments & Files

setup-12-pBC-WH9.pdf

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

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Listing Demographics for 5401 Flatlands Avenue Brooklyn, NY 11234

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 Population		98,614	878,736	2,171,382
Population Median Age		40	38	37
Population by Age	0-9 Yrs	10909 (11%)	115365 (13%)	291835 (13%)
	10-19 Yrs	12280 (12%)	109781 (12%)	252866 (11%)
	20-29 Yrs	13212 (13%)	124495 (14%)	334134 (15%)
	30-39 Yrs	12423 (12%)	120221 (13%)	332319 (15%)
	40-49 Yrs	12053 (12%)	108669 (12%)	271561 (12%)
	50-59 Yrs	14143 (14%)	111176 (12%)	260536 (11%)
	60-69 Yrs	12913 (13%)	99696 (11%)	223142 (10%)
	70+ Yrs	10681 (10%)	89333 (10%)	204988 (9%)

Median HH Income		$78,114	$57,249	$58,129
Total Household Income	< 24K	5067 (15%)	78646 (24%)	197482 (25%)
	25-49K	5959 (17%)	66651 (20%)	154621 (19%)
	50-74K	5042 (15%)	50462 (15%)	116396 (14%)
	75-99K	4842 (14%)	38880 (12%)	91084 (11%)
	100-199K	9793 (29%)	67500 (20%)	165143 (20%)
	200K+	2640 (7%)	20242 (6%)	63143 (8%)

Highest Education Level	No Diploma	7599	86531	267041
	Diploma or GED	21210	177799	407654
	Some College	13078	99598	203285
	Assoc. Degree	5811	44148	97481
	Bachelors Degree	13647	116304	309271
	Higher Degree	8046	73599	203009

Total Housing Units		35,719	349,900	859,144
--Owner-Occupied		19,459	112,586	254,792
--Renter-Occupied		13,883	209,794	533,077
Owner-Occupied Values	< 100K	448	3329	7957
	100-199K	413	4293	9002
	200-299K	902	5990	13122
	300-399K	1661	10787	19653
	400-499K	4857	18122	27824
	500K+	11178	70067	177233

Total Working Age Population		80,107	694,945	1,720,282
In Work Force		50,827	429,620	1,080,986
Not In Work Force		29,279	265,326	639,296
Workforce Employed		47,712	401,292	1,013,635
Workforce Unemployed		3,090	28,132	66,852
Civlian Workforce		50,802	429,424	1,080,488
Military Workforce		25	196	499

Total Households		33,342	322,380	787,869
Family Households		25,190	209,658	500,185
Non-Family Households		8,152	112,722	287,684
Married Couple		14,064	119,481	303,450
Other Family		11,127	90,178	196,735
Married w/Child		5,430	51,834	136,848
Single Male w/Child		629	5,535	14,286
Single Female w/Child		3,109	28,403	62,588

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
New Jersey	8,414,350	+4	8,791,894	+4	9,132,700	+4	9,530,900
Hudson County	608,975	+4	634,266	+12	708,100	+6	747,400
New York	18,976,457	+2	19,378,102	+4	20,146,131	+2	20,604,030
Kings County	2,465,326	+2	2,504,700	+9	2,738,283	+5	2,863,996
New York County	1,537,195	+3	1,585,873	+6	1,688,894	+2	1,727,631
Queens County	2,229,379	0	2,230,722	+9	2,436,549	+5	2,565,268

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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 asking price for 5401 Flatlands Avenue in Brooklyn?

The asking price for 5401 Flatlands Avenue is $5,100,000

What is the building size of this Retail property in Brooklyn, NY?

The size of the building/unit at 5401 Flatlands Avenue in Brooklyn is 9,950 square feet

How much land does the Brooklyn, NY property at 5401 Flatlands Avenue include?

5401 Flatlands Avenue in Brooklyn includes 0.228 acres of land

What kind of Retail is the propery at 5401 Flatlands Avenue?

The property at 5401 Flatlands Avenue Brooklyn, NY 11234 is listed as a Shopping Center Retail property

What is the population within 1 mile of 5401 Flatlands Avenue in Brooklyn?

The population within 1 mile of 5401 Flatlands Avenue Brooklyn, NY 11234 is 98,614 people.

Who do I contact for questions about 5401 Flatlands Avenue?

You should contact the listing agent, Greg Melanson, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
4315 Farragut Road, Brooklyn, NY	CALL	12000	-
1797 Flatbush Avenue, Brooklyn, NY	$1,900,000	3846	0.04
5817 Avenue T, Brooklyn, NY	$5,500,000	16090	0.27
8720 Flatlands Avenue, Brooklyn, NY	CALL	8640	-
2925 Avenue I, Brooklyn, NY	$6,995,000	3750	0.05
2923 Avenue I, Brooklyn, NY	$3,499,000	3000	-
2441 Flatbush Avenue, Brooklyn, NY	$7,217,188	12030	1
2917 Avenue I, Brooklyn, NY	$1,800,000	2560	0.46
2919 Avenue I, Brooklyn, NY	$1,999,000	2093	0.46
5202 Church Avenue, Brooklyn, NY	$1,500,000	3595	0.09

Closest Commercial Airports

Airport	Distance (mi)
John F Kennedy International Airport (JFK)	8
La Guardia Airport (LGA)	11
Newark Liberty International Airport (EWR)	14