New York / Brooklyn / 11211 / 372 Union Avenue

372 Union Avenue

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

The size of the building/unit at 372 Union Avenue in Brooklyn is 10,837 square feet.

Q: What kind of Specialty is the propery at 372 Union Avenue?

The property at 372 Union Avenue Brooklyn, NY 11211 is listed as a Other Specialty Specialty property.

Q: What is the population within 1 mile of 372 Union Avenue?

The population within 1 mile of 372 Union Avenue Brooklyn, NY 11211 is 170,346 people.

Q: Who do I contact for questions about 372 Union Avenue?

You should contact the listing agent, Robert Moore, for any details regarding this commercial listing.

Brooklyn, NY 11211

Listing ID: 252386

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Building Size: 10,837 SF

Lot Size: --

Land Size: --

Building $/SF: --

Land $/SF: --

Price

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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

offeringmemorandum-WB9-SA4.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 Specialty Real Estate for Sale

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 Population		170,346	1,260,001	3,090,424
Population Median Age		33	37	38
Population by Age	0-9 Yrs	27666 (16%)	133850 (10%)	332735 (10%)
	10-19 Yrs	19894 (11%)	115914 (9%)	273349 (8%)
	20-29 Yrs	33617 (19%)	263543 (20%)	552348 (17%)
	30-39 Yrs	36486 (21%)	251420 (19%)	612715 (19%)
	40-49 Yrs	17355 (10%)	155650 (12%)	405692 (13%)
	50-59 Yrs	12648 (7%)	128206 (10%)	348857 (11%)
	60-69 Yrs	12390 (7%)	107662 (8%)	286792 (9%)
	70+ Yrs	10290 (6%)	103756 (8%)	277936 (8%)

Median HH Income		$66,436	$77,177	$82,273
Total Household Income	< 24K	16982 (26%)	116562 (21%)	258045 (19%)
	25-49K	10375 (15%)	79731 (15%)	196158 (14%)
	50-74K	7331 (11%)	64582 (12%)	166180 (12%)
	75-99K	6339 (9%)	55409 (10%)	138770 (10%)
	100-199K	14639 (22%)	127047 (23%)	320150 (24%)
	200K+	9269 (14%)	88077 (16%)	242223 (18%)

Highest Education Level	No Diploma	20850	135772	289237
	Diploma or GED	23607	164160	443353
	Some College	12527	99411	249885
	Assoc. Degree	3913	42203	110996
	Bachelors Degree	34062	279223	670270
	Higher Degree	16675	192842	522368

Total Housing Units		69,613	593,656	1,503,831
--Owner-Occupied		9,930	119,639	353,863
--Renter-Occupied		55,005	411,769	967,662
Owner-Occupied Values	< 100K	248	3829	10935
	100-199K	175	2468	8938
	200-299K	350	3802	14276
	300-399K	393	5462	22744
	400-499K	403	7186	28612
	500K+	8362	96893	268359

Total Working Age Population		130,013	1,060,215	2,593,647
In Work Force		89,043	723,196	1,780,022
Not In Work Force		40,970	337,019	813,626
Workforce Employed		84,144	685,098	1,691,434
Workforce Unemployed		4,872	37,899	87,942
Civlian Workforce		89,016	722,996	1,779,375
Military Workforce		27	200	646

Total Households		64,935	531,408	1,321,525
Family Households		34,939	251,128	656,494
Non-Family Households		29,996	280,280	665,031
Married Couple		23,252	159,580	436,515
Other Family		11,687	91,548	219,979
Married w/Child		10,675	64,068	178,049
Single Male w/Child		737	6,728	17,241
Single Female w/Child		3,358	28,078	68,972

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
Bergen County	884,118	+2	905,116	+7	967,500	+7	1,031,500
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

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 Specialty property in Brooklyn, NY?

The size of the building/unit at 372 Union Avenue in Brooklyn is 10,837 square feet

What kind of Specialty is the propery at 372 Union Avenue?

The property at 372 Union Avenue Brooklyn, NY 11211 is listed as a Other Specialty Specialty property

What is the population within 1 mile of 372 Union Avenue in Brooklyn?

The population within 1 mile of 372 Union Avenue Brooklyn, NY 11211 is 170,346 people.

Who do I contact for questions about 372 Union Avenue?

You should contact the listing agent, Robert Moore, for any details regarding this commercial listing.

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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