Specialty Real Estate
1377 Brooklyn Avenue Brooklyn, NY 11203
Details & Description
Price: $8,500,000
    B6 Real Estate Advisors is pleased to announce that it has been retained on an exclusive basis to arrange for the sale of 1377 Brooklyn Avenue, an extensive residential development site with located in the Flatbush neighborhood of BrooklynThe property features approximately 81,486 buildable square feet, just two blocks from the Newkirk Avenue 2 & 5 Subway station, with convenient access to Northern Brooklyn and Manhattan. The large scale of this offering, is uncommon for this section of Flatbush, providing developers with the critical mass necessary to gain a substantial footprint in what has become one of Brooklyn’s most evolving neighborhoods.The purchase also includes a vacant 23,000 SF building, currently used as a dormitory and administrative offices for a nonprofit organization. This building is ideal for an end user looking to expand their educational campus in Central Brooklyn. The building can be used for additional classrooms, administrative offices, or student/faculty housing.
    Property Highlights
    Listing Agents
    Jermaine Pugh

    O: 646-933-2633
    jpugh@b6realestate.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.

    1377 Brooklyn Avenue

    Brooklyn, NY 11203

    Listing ID: 252241
    1377 Brooklyn Avenue Brooklyn, NY 11203 | for Sale | Photo 1
    Building Size: 81,000 SF
    Lot Size: 0.498 AC
    Land Size: 21,700 SF
    Building $/SF: $104.94
    Land $/SF: $391.71
    Price
    $8,500,000
    Property Highlights
    217 x 100 lot coverage on the corner of Brooklyn Avenue and Foster
    Split zoned lot R6R4 with 81,000 BSF
    22,000 SF vacant dormschool building
    2 Blocks to Newkirk 2 5 Trains
    Description

    B6 Real Estate Advisors is pleased to announce that it has been retained on an exclusive basis to arrange for the sale of 1377 Brooklyn Avenue, an extensive residential development site with located in the Flatbush neighborhood of Brooklyn

    The property features approximately 81,486 buildable square feet, just two blocks from the Newkirk Avenue 2 & 5 Subway station, with convenient access to Northern Brooklyn and Manhattan. The large scale of this offering, is uncommon for this section of Flatbush, providing developers with the critical mass necessary to gain a substantial footprint in what has become one of Brooklyn’s most evolving neighborhoods.

    The purchase also includes a vacant 23,000 SF building, currently used as a dormitory and administrative offices for a nonprofit organization. This building is ideal for an end user looking to expand their educational campus in Central Brooklyn. The building can be used for additional classrooms, administrative offices, or student/faculty housing.

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    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 Specialty Real Estate for Sale

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    Brooklyn Area Market Trends

    Listing Demographics for 1377 Brooklyn Avenue Brooklyn, NY 11203

    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 Population134,7901,140,5622,505,722
    Population Median Age383737
    Population by Age0-9 Yrs16613 (12%)159030 (13%)343658 (13%)
    10-19 Yrs16732 (12%)140371 (12%)292146 (11%)
    20-29 Yrs20254 (15%)167865 (14%)392163 (15%)
    30-39 Yrs18476 (13%)167553 (14%)396566 (15%)
    40-49 Yrs17006 (12%)141941 (12%)311731 (12%)
    50-59 Yrs17390 (12%)136161 (11%)292814 (11%)
    60-69 Yrs14973 (11%)120761 (10%)249559 (9%)
    70+ Yrs13346 (9%)106879 (9%)227085 (9%)
    Median HH Income$62,466$59,778$59,200
    Total Household Income< 24K8814 (18%)98549 (23%)227315 (24%)
    25-49K10217 (21%)82235 (19%)175842 (19%)
    50-74K9137 (19%)62162 (15%)131192 (14%)
    75-99K6487 (13%)49130 (11%)103658 (11%)
    100-199K10732 (22%)89069 (21%)193525 (21%)
    200K+2618 (5%)32828 (7%)81174 (8%)
    Highest Education LevelNo Diploma11115116897307833
    Diploma or GED30476211967451032
    Some College17815118278227338
    Assoc. Degree662951925106237
    Bachelors Degree16942159104368372
    Higher Degree9707111433247711
    Total Housing Units53,084449,878994,323
    --Owner-Occupied16,904136,668279,961
    --Renter-Occupied31,102277,305632,746
    Owner-Occupied Values< 100K50237838902
    100-199K41038548676
    200-299K830607413786
    300-399K25271084520742
    400-499K43061809128907
    500K+832994022198948
    Total Working Age Population108,374892,4451,978,406
    In Work Force69,740563,5901,253,792
    Not In Work Force38,634328,855724,614
    Workforce Employed65,347528,4091,175,612
    Workforce Unemployed4,33635,01177,555
    Civlian Workforce69,683563,4201,253,168
    Military Workforce57170624
    Total Households48,005413,973912,707
    Family Households32,774264,926571,943
    Non-Family Households15,232149,046340,764
    Married Couple16,352158,681351,358
    Other Family16,422106,246220,585
    Married w/Child6,71472,699160,534
    Single Male w/Child1,0487,28616,247
    Single Female w/Child5,02833,14071,019

    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
    Richmond County443,728+6468,730+3481,351+1488,119

    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 asking price for 1377 Brooklyn Avenue in Brooklyn?
    The asking price for 1377 Brooklyn Avenue is $8,500,000
    What is the building size of this Specialty property in Brooklyn, NY?
    The size of the building/unit at 1377 Brooklyn Avenue in Brooklyn is 81,000 square feet
    How much land does the Brooklyn, NY property at 1377 Brooklyn Avenue include?
    1377 Brooklyn Avenue in Brooklyn includes 0.498 acres of land
    What kind of Specialty is the propery at 1377 Brooklyn Avenue?
    The property at 1377 Brooklyn Avenue Brooklyn, NY 11203 is listed as a Other Specialty Specialty property
    What is the population within 1 mile of 1377 Brooklyn Avenue in Brooklyn?
    The population within 1 mile of 1377 Brooklyn Avenue Brooklyn, NY 11203 is 134,790 people.
    Who do I contact for questions about 1377 Brooklyn Avenue?
    You should contact the listing agent, Jermaine Pugh, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    John F Kennedy International Airport (JFK) 9
    La Guardia Airport (LGA) 10
    Newark Liberty International Airport (EWR) 12
    Price
    $8,500,000
    Listing Agent
    More listings from Jermaine Pugh
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