360 likes | 485 Views
345 Adams Street. There’s MORE right here. D O W N T O W N B R O O K L Y N’ S F I N E S T R E T A I L A D D R E S S. Offices. nightlife. colleges. museums. retail. Fashion. hotels. E ntertainment. parking. Access. E xecutives. clothing. Restaurants. Affluence.
E N D
345 Adams Street There’s MORE right here. D O W N T O W N B R O O K L Y N’ S F I N E S T R E T A I L A D D R E S S Offices nightlife colleges museums retail Fashion hotels Entertainment parking Access Executives clothing Restaurants Affluence Shopping SUBWAYS companies Cafes customers
Understanding the Market The Location 345 Adams Street Three exceptional retail spaces in one extraordinary location.
345 Adams Street Description Location 35, 785 square feet of very prime retail space on the first and second floors of a 12-story office building. N/E/C of Adams Street and Willoughby Street Downtown Brooklyn, NY Adjacent to the 675-room New York Marriott Hotel Adjacent to Morton’s, The Steakhouse (new) Directly across from Brooklyn Borough Hall Centrally-located to MetroTech Center, the Fulton Street Mall and all of Downtown Brooklyn. There’s MORE right here.
345 Adams Street The MOST central location.
Downtown BrooklynArea Map LIU MetroTech Fulton St Mall District Marriott Brooklyn Bridge Boulevard / Adams Street Civic Buildings Boerum Hill Borough Hall Brooklyn Law School Banking District Brooklyn Heights Brooklyn Heights Montague St There’s MORE right here.
345 Adams Street MORTONS
345 Adams Street MORTON’S Marriott Morton’s Steakhouse 267 Feet of Frontage on Adams Street Ceiling Heights Ground Floor: Second Floor: Mezzanine: Midblock Unit A 16 feet 16 feet Pear Street Unit B 16 feet Corner Unit C 32 feet 14 feet There’s MORE right here.
345 Adams Street Corner Unit Spaces can be divided along logical lines There’s MORE right here.
345 Adams Street There’s MORE right here.
Understanding the Market More than Downtown Brooklyn is “All of Brooklyn.” The Big Picture Brooklyn There’s MORE right here.
Brooklyn, NYThe Big Picture 4th Largest City In the United States Population of 2.5 Million Vastly Under-stored Strong Growing Economy Diverse Population with many socio-economic market segments across the entire wealth spectrum There’s MORE right here.
Brooklyn, NY Population: 2.5 Million People Equivalent to Being the 4th Largest City In America Wide Socio- Economic Segments Downtown Brooklyn is Connected To All Parts of Brooklyn, Queens, Manhattan And The Bronx via Mass Transit and Major Highway Infrastructure
Understanding the Market Drilling Down to The Trade Area Downtown Brooklyn There’s MORE right here.
Downtown BrooklynThere’s MORE right here. • 3rd Largest CBD in New York City • 4th Largest CBD in the United States • Midtown Manhattan • Downtown Chicago • Lower Manhattan • Downtown Brooklyn • Larger than Boston, Houston, Miami or Philly. • 150,000 shoppers daily • 300,000 employees There’s MORE right here.
Downtown BrooklynKey Assets Mass Transit Hub Major Corporate Presence Major Civic and Legal Center Major Retail Market Major Hotel Presence Major Educational Center Major Cultural Center Affluent Residential Neighborhoods There’s MORE right here.
Downtown BrooklynAmerica’s 4th-Largest City There’s MORE right here.
Downtown BrooklynDramatic Developments • New Office Space: • New Retail Space: • New Residential Units: • New Hotel Rooms: • 1.6 million sq ft • 1.6 million sq ft • 14,479 Units • 2,948 Keys Undergoing the largest public and private sector investment and revitalization efforts ever experienced in a 5-to-10 year period. Private sector investment over $9.5 billion. $300 million in public improvements. 50+ new projects representing more than 23 million square feet over the next five years, including: There’s MORE right here.
Downtown BrooklynExceptional Access • Mass Transit Hub • Eleven (11) Bus Lines • Road Access • Brooklyn Bridge • Manhattan Bridge • Brooklyn-Queens Expressway • High-Volume Primary & Secondary Roads There’s MORE right here.
Downtown Brooklyn’sCorporate Presence FACT: Downtown Brooklyn’s large and affluent daytime population spurs demand for better-quality merchandise. Everything from men’s and women’s apparel to books, restaurants, home furnishings, and more. • 19.5 Million Sq Ft of Office Space • MetroTech Center (9 Million Sq Ft) • Renaissance Plaza (900,000 Sq Ft) • Major Corporate Tenants • JP Morgan Chase • Bear Sterns • National Grid • Blue Cross-Blue Shield • Sovereign Bank • Morgan Stanley • Bank of New York There’s MORE right here.
Downtown BrooklynDowntown’s Workforce 120,000+ workers in the Downtown Brooklyn core. Many at headquarters and operations centers for financial service companies and law offices. Employment expected to grow by approximately 22% by 2012 as new buildings come online. There’s MORE right here.
Downtown BrooklynLarge Civic Center • New York City District Attorney's Offices • Hundreds of law offices • Brooklyn Borough Hall & The Borough • President’s Office • NYC Department of Finance • Main Brooklyn Post Office • U.S. Secret Service New York Headquarters Major Civic and Legal Center U.S. Eastern Division Federal Courthouses New York State Supreme Courthouses New York City Municipal Courts and Family Courts New York City Department of Finance There’s MORE right here.
Downtown BrooklynIs Greatly Under-Stored There’s MORE right here.
Downtown BrooklynRetail Dynamics • Major Presence of National, Regional and Local Retailers. • Highly successful retail corridors: • Fulton Street Mall (100,000 shoppers daily) • Montague Street • Court Street • Atlantic Avenue • Flatbush Avenue • Smith Street There’s MORE right here.
Downtown BrooklynRetail Dynamics $1.6 Billion Retail Market and Growing. Fulton St. Mall Ranked 3rd-Best Retail in NYC. Fulton St. Macy’s Sales Average over $1,000 PSF and Ranked 3rd-Best Nationwide. Banking: branches enjoy the highest deposits in Brooklyn fueled by businesses and high-income residents. There’s MORE right here.
Downtown BrooklynRetail Sales Gap • There’s no better retail location that caters to: • Downtown’s highly-paid corporate executives • Surrounding affluent residential communities • Consumer demand outstrips the availability of better quality merchandise. • Huge opportunity for “Better-Quality” and highly-merchandised retailers. There’s MORE right here.
Downtown BrooklynRetail Sales Gap • Significant number of affluent and sophisticated customers. • Opportunities exist for better-quality retailers and restaurateurs offering: • Apparel • Table cloth restaurants • Home furnishings • Lifestyle/electronics/Books, etc. There’s MORE right here.
Downtown BrooklynLodging MetroTch Center (9 Million SF) Renaissance Plaza Offices (900,000 SF) Marriott Hotel Marriott Hotel MORTON’S • New York Marriott Hotel at Renaissance Plaza • 675-Room 4-Star Hotel • 89% Average Occupancy Rate • 3rd-Largest Banquet Facility in New York City • 25 Conference Rooms, Pool and Health & Fitness Club • Parking for 1,100 cars • Sheraton Hotel (Opening June 2009) • 300 Rooms • aLoft Hotel (Under Construction) • 176 Rooms There’s MORE right here.
Downtown BrooklynEducation • Seven Institutions of Higher Education: • Long Island University (Brooklyn Campus) • PolyTechnic Institute (New York University) • New York City University's College of Technology • Brooklyn Law School • Saint Francis College • Saint George College • Pratt Institute • 35,000 Students 5,000 faculty members There’s MORE right here.
Downtown Brooklyn Residential Fort Greene Dumbo Cobble Hill Brooklyn Heights Boerum Hill Park Slope Prospect Heights * Source: Downtown Brooklyn Partnership Downtown Brooklyn has an exceptional housing stock in established neighborhoods, including: 14,479 new residential units now being built. Average household income of new residents (mostly condo buyers) is $142,000 annually. * There’s MORE right here.
Downtown BrooklynNeighborhoods Williamsburg Brooklyn Bridge Manhattan Bridge Dumbo Brooklyn Navy Yards Brooklyn Heights Downtown Brooklyn Fort Greene Upper-Market Middle Market BAM Cultural District Boerum Hill Cobble Hill Atlantic Center Park Slope There’s MORE right here.
Downtown BrooklynCultural Centers • Major art and cultural attractions draw nearly 1 million patrons annually. • The Brooklyn Museum is the 2nd largest museum in the City of New York: • Over 500,000 attendees annually; • 560,000 square foot, Beaux-Arts building. • 300,000 square feet of world-class cultural space at The Children's Museum and The New York Transit Museum. There’s MORE right here.
Downtown BrooklynCultural Centers • $650 million Brooklyn Academy of Music (BAM) Cultural District will be built around the existing BAM facility: • Includes an arts library; • 299-seat Frank Gehry-designed Theater. • The Brooklyn Botanic Garden • located within ten(10) minutes of Downtown Brooklyn. There’s MORE right here.
Supporting Employment Data Source: Claritas 2006 Workforce Analysis *11201, 11204, 11206, 11208, 11210, 11212, 11214, 11216, 11218, 11220, 11222, 11224, 11226, 11229, 11231, 11233, 11235, 11237, 11239
Demographic Data Demographic information extrapolated from a 1.5 radius excluding Manhattan.
Contact Exclusive Leasing Agent Robert C. Greenstone Tel: 212-362-5414 Mobile: 646-522-8460 E-Mail: rob@greenstonerealty.com 309 West 86th Street, Suite 9A New York, NY 10024 - USA