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Atlantic Avenue351

FOR SALE | BROOKLYN’S BEST!

22,500 SF AVAILABLE

BROOKLYN’S BEST!Architecturally significant, 1920s-era, four-story elevator commercial building plus basement located along the north side of Atlantic Avenue between Hoyt and Bond streets in north Brooklyn. The property is positioned within the Boerum Hill neighborhood, surrounded by Brooklyn Heights, Downtown Brooklyn, Cobble Hill, Gowanus and Fort Greene. The site is zoned R7A/C2-4 “Special Downtown Brooklyn District,” permitting commercial and residential uses. The building has high ceilings and its design accommodates single users or multi-tenancy. Ideal occupancy is for a flagship store / junior anchor / moderate-size retailer or mixed use. The building will be delivered vacant.

PREMISESFLOORS 1- 4: 18,000 SQ. FT.CELLAR LEVEL: 4,500 SQ. FT.*TOTAL SIZE: 22,500 SQ. FT.

LOT INFOLOT SIZE: 50 x 90 BLOCK / LOT: 177 / 57ZONING: 7A / C2-4 Special Downtown Brooklyn District

REAL ESTATE TAXES $66,197ASKING PRICE $16,950,000

*Can be used as selling space

BUILDING SPECS

FIRST FLOOR SECOND FLOOR THIRD FLOOR

FOURTH FLOOR BASEMENT

THE NEIGHBORHOOD351 Atlantic Avenue’s prime location is served by bus and subway transportation, is four blocks west of Barclays Center and the Atlantic Terminal, and proximate to the restaurant and retail corridors of Smith and Court streets. The property benefits from steady heavy foot traffic along both Atlantic Avenue and Hoyt Street. A variety of businesses operate along Atlantic Avenue, including antique shops, high-end clothing boutiques, coffee shops, jewelry shops, restaurants, service companies and more. 351 Atlantic Avenue is nestled between high-end fashion retailer Steven Alan and popular hip restaurants Grand Army Oyster Bar and Mile End Delicatessen. The property is located 3 blocks south of Macy’s Department Store, Brooklyn Fare Gourmet Grocery and Cafe and the up and coming retail corridor along Fulton Street. Other important retailers along Atlantic Avenue include Barneys New York, Trader Joe’s, Pet Smart, Urban Outfitters, Michaels, Atelier Cologne, Michelle New York, Upper 90 and others.

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The property is two blocks from the trains

Four blocks from the trains

Six blocks from the trains

A C G

4 5

F

SUBWAY SYSTEM

Multiple Residential high-rise buildings with thousands of units are under construction just north of 351 Atlantic Avenue on Schermerhorn and Livingston Streets and beyond.

CONSTRUCTION BOOM

DEMOGRAPHICS .25 Miles 1 Mile 3 Miles

2016 Population 7,931 135,303 1,025,746 Current Year Estimate

2016-2021 1.06% 1.17% 1.01%Annual Population Growth Rate

2016 Average $153,254 $127,010 $94,069 Household Income

DEMOGRAPHICS / LOCATION / TRANSPORTATION

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Atlantic Avenue351

Atelier CologneUpper 90 SoccerMile End

Delicatessen

Michelle New York Brides

Grand Army Oyster Bar

KaightGarden BrooklynIris LingerieCirca AntiquesPost Ashley BoutiqueTowne & Country

Atlantic Street Shops

For more information or to arrange an inspection, contact:

MARK ZUSSMANT. +1 646 522 1230mark.zussman@cbre.com

© 2017 CBRE, Inc. CBRE and the CBRE logo are service marks ofCBRE, Inc. and/ or its affiliated or related companies in the United States and other countries.We obtained the information herein from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

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Atlantic Avenue351