Specialty Real Estate - For Sale
372 Union Avenue Brooklyn, NY 11211
Details & Description
Call for Pricing
  • Property Type Specialty for Sale : Other Specialty
  • Lot Size Acres 0.000
  • Building Sq Ft 10,837
B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 372 & 376 Union Avenue in Williamsburg, Brooklyn. The properties are located on the corner of Powers Street, with the Lorimer/Metropolitan Avenue L & G train entrance across the street.376 Union Avenue is a mixed-use building with ground floor retail, 2 free-market residential units, and a private garage. The retail space is occupied by a bodega tenant for the next 4 years, while the residential units on the upper floors and garage in the rear of the lot are owner occupied, and will be delivered vacant.372 Union Avenue is a brick multifamily building with 6 rent stabilized apartments. though the property is subject to rent stabilization, it benefits from significant unused air rights.As an assemblage, an investor/developer would have the ability to collect in-place income from tenants in 372 Union Avenue, transfer all available air rights to the corner lot, and capitalize on a significant 10,500+ buildable square foot, free-market development opportunity. (Please view our marketing book for a more complete breakdown of development potential.)
Additional Photos
Listing Agents
Robert Moore

O: 646-933-2650
rmoore@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.

372 Union Avenue

Brooklyn, NY 11211

Listing ID: 252386
Call for Pricing
For Sale
  • Property Type Specialty for Sale : Other Specialty
  • Lot Size Acres 0.000
  • Building Sq Ft 10,837
  • 372 Union Avenue Brooklyn, NY 11211 | for Sale | Photo 1
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Description

B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 372 & 376 Union Avenue in Williamsburg, Brooklyn. The properties are located on the corner of Powers Street, with the Lorimer/Metropolitan Avenue L & G train entrance across the street.

376 Union Avenue is a mixed-use building with ground floor retail, 2 free-market residential units, and a private garage. The retail space is occupied by a bodega tenant for the next 4 years, while the residential units on the upper floors and garage in the rear of the lot are owner occupied, and will be delivered vacant.

372 Union Avenue is a brick multifamily building with 6 rent stabilized apartments. though the property is subject to rent stabilization, it benefits from significant unused air rights.

As an assemblage, an investor/developer would have the ability to collect in-place income from tenants in 372 Union Avenue, transfer all available air rights to the corner lot, and capitalize on a significant 10,500+ buildable square foot, free-market development opportunity. (Please view our marketing book for a more complete breakdown of development potential.)

Attachments & Files
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

Brooklyn Area Market Trends

Listing Demographics for 372 Union Avenue Brooklyn, NY 11211

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 Population170,3461,260,0013,090,424
Population Median Age333738
Population by Age0-9 Yrs27666 (16%)133850 (10%)332735 (10%)
10-19 Yrs19894 (11%)115914 (9%)273349 (8%)
20-29 Yrs33617 (19%)263543 (20%)552348 (17%)
30-39 Yrs36486 (21%)251420 (19%)612715 (19%)
40-49 Yrs17355 (10%)155650 (12%)405692 (13%)
50-59 Yrs12648 (7%)128206 (10%)348857 (11%)
60-69 Yrs12390 (7%)107662 (8%)286792 (9%)
70+ Yrs10290 (6%)103756 (8%)277936 (8%)
Median HH Income$66,436$77,177$82,273
Total Household Income< 24K16982 (26%)116562 (21%)258045 (19%)
25-49K10375 (15%)79731 (15%)196158 (14%)
50-74K7331 (11%)64582 (12%)166180 (12%)
75-99K6339 (9%)55409 (10%)138770 (10%)
100-199K14639 (22%)127047 (23%)320150 (24%)
200K+9269 (14%)88077 (16%)242223 (18%)
Highest Education LevelNo Diploma20850135772289237
Diploma or GED23607164160443353
Some College1252799411249885
Assoc. Degree391342203110996
Bachelors Degree34062279223670270
Higher Degree16675192842522368
Total Housing Units69,613593,6561,503,831
--Owner-Occupied9,930119,639353,863
--Renter-Occupied55,005411,769967,662
Owner-Occupied Values< 100K248382910935
100-199K17524688938
200-299K350380214276
300-399K393546222744
400-499K403718628612
500K+836296893268359
Total Working Age Population130,0131,060,2152,593,647
In Work Force89,043723,1961,780,022
Not In Work Force40,970337,019813,626
Workforce Employed84,144685,0981,691,434
Workforce Unemployed4,87237,89987,942
Civlian Workforce89,016722,9961,779,375
Military Workforce27200646
Total Households64,935531,4081,321,525
Family Households34,939251,128656,494
Non-Family Households29,996280,280665,031
Married Couple23,252159,580436,515
Other Family11,68791,548219,979
Married w/Child10,67564,068178,049
Single Male w/Child7376,72817,241
Single Female w/Child3,35828,07868,972

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
New Jersey8,414,350+48,791,894+49,132,700+49,530,900
Bergen County884,118+2905,116+7967,500+71,031,500
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.

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Closest Commercial Airports
Airport Distance (mi)
La Guardia Airport (LGA) 6
John F Kennedy International Airport (JFK) 10
Newark Liberty International Airport (EWR) 11
Listing Agent
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