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MASSEY KNAKAL | RETAIL LEASING SERVICES

th Street 1359 37 RETAIL FOR LEASE

AGENT NAME Mitzi Flexer (718)307-6504 [email protected]

Between Church Ave. & Old New Utrecht Rd

SIZE (Approx.)

ASKING RENT

TERM

1,800 SF Ground 1,800 SF 2nd FL. Plus Parking Lot

Upon Request

Long

POSSESSION

CEILING HEIGHT (Approx.)

Immediate

10 Feet

AGENT NAME Ben Fox (212)660-7701 [email protected]

FEATURES  Available “AS-IS” or can “Build To Suit”.  Private parking with curb cut.  Triple exposure allowing an irreplaceable frontage in Windsor Terrace, Boro-Park, and Greenwood Heights neighborhoods.  Boro-Park, also known as, “Baby Boom” and “Banking Capital” capital of NYC; with over 15 Banks, Schools and National Retailers.  Divisions considered.

The information contained herein has been given to us by sources that we deem reliable. However, we do not warrant, represent or guarantee its accuracy or thoroughness. You are advised to independently verify all information.

INVESTMENT SALES

RETAIL LEASING

CAPITAL SERVICES

| MASSEYKNAKAL.COM

MANHATTAN BROOKLYN STATEN ISLAND THE BRONX QUEENS WESTCHESTER LONG ISLAND NEW J ERSEY

1359 37TH STREET, 11218 MAP

NEIGHBORING TENANTS:

The information contained herein has been given to us by sources that we deem reliable. However, we do not warrant, represent or guarantee its accuracy or thoroughness. You are advised to independently verify all information.

1359 37TH STREET BORO-PARK, BROOKLYN NEIGHBORHOOD DESCRIPTION

DEMOGRAPHICS (Approximately)

Borough Park has been one of the fastest growing neighborhoods in Brooklyn over the past decade. It is located in southwest Brooklyn’s Community Board 12, which, according to the 2010 Census, over 191,000 people call home. The figure is a 19% increase from the area’s population in 1990.

Population:191,000 Density: 68,000 Total Households: 27,000 Family Households: 20,000

Large families, some of 8 or 9, have become the norm. The neighborhood is referred to as the “baby boom capital” because of high birth rate; the neighborhood recorded 7,700 births in 2009. The highest in the city that year. Complementing the internal growth is a noticeable increase in the arrival of immigrants to the area, primarily East Asians, Russians, and Poles.

Non-family Households: 7,000 Household With Children: 11,000 Households Without Children: 16,000 Average People Per Household: 3.5

The Chinatown of Brooklyn is located on 8TH Avenue and has recently surpassed in size of Manhattan’s Chinatown with 34,218 residents, with much of them flowing over into Borough Park. The consistent and multifaceted population growth is laying the foundation for continued neighborhood prosperity and a robust local economy.

Average Household Income: $54,000 Median Household Income: $36,000 Average Household NET Worth: $466,000 Median Home Sale Price: $730,000

Borough Park and the surrounding areas also feature some of the liveliest shopping districts in Brooklyn. A commercial strip roughly one mile in length from 39th street to 59th street, is filled with numerous storefronts supplying the Jewish homes. Many Jews travel to this neighborhood to buy Kosher items, alongside nonKosher, adding to the multi-cultural and lucrative retail, education, medical and banking businesses that all anchor on 13th avenue. . In addition to the diversity of services and amenities located within its parameters, the area has access to major transportation modes. Borough Park be reached by: By Subway: F, D, G, and N trains By Bus: B16, B11. B9

The information contained herein has been given to us by sources that we deem reliable. However, we do not warrant, represent or guarantee its accuracy or thoroughness. You are advised to independently verify all information.