Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Commercial Affiliates. Each Office is Independently Owned and Operated.
Coldwell Banker Reliable Commercial Division
7428 Fifth Avenue, Brooklyn, NY 11209 Phone: (718)921-3100 Web: www.cbrcd.com
Prime Retail Space - For Lease First & Second Flr. Mix 35-45-35-47 Junction Blvd., Queens, NY 11368 - 6,275 SF Available
Joseph T. Hamdan, Office: (718)921-3100 x105 NYS Licensed Real Estate Broker
Kimberly Fong, Office: (718)921-3100 x161 NYS Licensed Real Estate Salesperson
$10,000/Per Month/Ground $25/PSF/Second Floor
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Table of Contents
Executive Summary____________________________________3
Property Overview _____________________________________4
Aerials/Map Report __________________________________5-6
Traffic Count Report___________________________________7
Demographic Market Comparison Report_______________8-9
Demographic Summary Report__________________________10
Daytime Employment Report____________________________11
Consumer Spending Report_________________________12 —13
Confidentiality Statement______________________________ 14
Contact Information__________________________________ 15
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Executive Summary
Executive Summary
The Property
35-45-35-47 Junction Blvd., Queens, NY 11368
Property Specifications
Property Type: Commercial Retail
Space 1: 2,375 SF Ground Floor Retail plus Full Basement
Space 2: 1,950 SF Second Floor Space
1,950 SF Second Floor Space
Gross Modified
Space 3:
Lease Type
For Lease Price
Space 1:
Spaces 2 & 3:
$10,000/Per Month
$4,000/Per Month Each
Min & Max Contigious 1,950 - 6,275 SF
The Offering:
Coldwell Banker Reliable Commercial Division is pleased to offer 2,375 SF of prime ground floor retail space along with
3,900 SF of second floor space available for lease at 35-45-35-47 Junction Blvd, Queens, NY. With a total of 6,275 SF, all three spaces may be combined or leased separately. Suitable uses include but are not limited to Restaurants, Retail, Medical Office, Professional Offices or Recreational facilities. The space is centrally located in prime Corona, Queens on the Junction Blvd. retail corridor. Neighboring tenants include Sleepy's, Rite Aid and McDonald's to name a few. For additional information or to schedule a property tour, please contact Exclusive Broker Coldwell Banker Reliable Commercial Division.
Investment Highlights:
Ground Level & Second FL
All Uses Considered
Location Highlights: Densely populated area
Close proximity to publictransportation
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Property Overview
Property Address
35-45-35-47 Junction Blvd., Queens, NY 11368
Property Details Coldwell Banker Reliable Commercial Division is pleased to offer 2,375 SF of prime ground floor retail space along with 3,900 SF of second floor space available for lease at 35-45-35-47 Junction Blvd, Queens, NY. With a total of 6,275 SF, all three spaces may be combined or leased separately. Suitable uses include but are not limited to Restaurants, Retail, Medical Office, Professional Offices or Recreational facilities. The space is centrally located in prime Corona, Queens on the Junction Blvd. retail corridor. Neighboring tenants include Sleepy's, Rite Aid and McDonald's to name a few. For additional information or to schedule a property tour, please contact Exclusive Broker Coldwell Banker Reliable Commercial Division.
Price $10,000/Per Month/Ground Floor - Space One $4,000/ Per Month/Second Floor - Space Two $4,000/Per Month/ Second Floor - Space Three
Property Specifications Property Type: Commercial Zoning District C1-4/R6A SQ FT 8,650Lease Term: Negotiable Lease Type: Modified Gross
Location Information Cross Street: 37th Ave. Located: Junction Blvd.Metro Market: Queens Submarket: CoronaCounty: Queens
Lease Information Tenancy: % Leased: Space Available:
Multiple Tenants 28% 6,275 SF
Property Details
Aerial / Map Report
35-45-35-47 Junction Blvd - Corona, NY 11368
Aerial / Map Report
35-45-35-47 Junction Blvd - Corona, NY 11368
Street Cross Street Cross Str DistCountYear
Avg DailyVolume
VolumeType
Miles fromSubject Prop
1 37th Ave 92nd St 0.02 E 2014 9,057 MPSI .26
2 Junction Blvd 34th Ave 0.06 SE 2014 12,577 MPSI .28
3 Junction Blvd 41st Ave 0.01 SE 2014 14,642 MPSI .32
4 Northern Blvd 100th St 0.02 W 2014 42,363 MPSI .39
5 Roosevelt Ave 104th St 0.08 E 2014 13,354 MPSI .43
6 Northern Blvd 91st St 0.02 E 2014 35,675 MPSI .45
7 Roosevelt Ave 88th St 0.02 W 2014 15,490 MPSI .46
8 41st Ave 102nd St 0.01 W 2014 1,748 MPSI .47
9 National St 103rd St 0.01 S 2014 10,542 MPSI .47
10 102nd St Northern Blvd 0.06 S 2014 1,419 MPSI .49
Traffic Count Report
35-45-35-47 Junction Blvd, Corona, NY 11368
Type:County:
Retail/Storefront Retail/OfficeQueens
1 Mile
County
Population Growth Household Growth
2015 Med Household Inc 2015 Households by Household Income
2015 Median Age 2015 Population by Race
2015 Renter vs. Owner 2015 Employed vs. Unemployed
Type: Retail/Storefront Retail/Office
Demographic Market Comparison Report 1 mile radius
35-45-35-47 Junction Blvd, Corona, NY 11368
Type:County:
Retail/Storefront Retail/OfficeQueens
1 Mile County
Population Growth
2015 Population by Race 236,371 2,330,930
Household Growth
2015 Households by Household Income 68,892 815,520
Growth 2010 - 2015 0.25% 4.49%
Growth 2015 - 2020 3.33% 4.30%
94.71% 93.35% Empl 120,857 1,146,464
5.29% 6.65% Unempl 6,752 81,684
64.74% 49.65% White 153,037 1,157,350
8.13% 20.85% Black 19,208 486,114
2.89% 1.32% Am. Indian & Alaskan 6,821 30,653
21.24% 25.23% Asian 50,203 588,013
0.26% 0.22% Hawaiian & Pacific Island 607 5,072
2.75% 2.73% Other 6,495 63,728
Growth 2010 - 2015 0.96% 4.54%
Growth 2015 - 2020 3.52% 4.33%
70.21% 57.52%Renter Occupied 48,367 469,048
29.79% 42.48%Owner Occupied 20,523 346,472
25.68% 21.55%Income <$25K 17,694 175,778
26.25% 21.99%Income $25K - $50K 18,086 179,345
18.78% 17.00%Income $50K - $75K 12,936 138,607
12.50% 13.75%Income $75K - $100K 8,614 112,171
7.35% 9.67%Income $100K - $125K 5,064 78,860
3.52% 5.49%Income $125K - $150K 2,423 44,788
3.23% 6.03%Income $150K - $200K 2,228 49,176
2.68% 4.51%Income $200K+ 1,847 36,795
2015 Med Household Inc $47,762 $58,612
2015 Median Age 35.40 38.00
Demographic Market Comparison Report 1 mile radius
35-45-35-47 Junction Blvd, Corona, NY 11368
Radius 1 Mile 3 Mile 5 Mile
Population
2020 Projection 244,248 964,369 2,361,301
2015 Estimate 236,369 921,643 2,263,297
2010 Census 235,787 870,151 2,159,051
Growth 2015 - 2020 3.33% 4.64% 4.33%
Growth 2010 - 2015 0.25% 5.92% 4.83%
2015 Population by Hispanic Origin 158,050 334,429 824,766
2015 Population By Race 236,369 921,643 2,263,297
White 153,036 64.74% 536,987 58.26% 1,373,263 60.68%
Black 19,207 8.13% 54,703 5.94% 285,316 12.61%
Am. Indian & Alaskan 6,821 2.89% 13,266 1.44% 35,903 1.59%
Asian 50,202 21.24% 293,301 31.82% 503,206 22.23%
Hawaiian & Pacific Island 606 0.26% 1,707 0.19% 5,225 0.23%
Other 6,495 2.75% 21,678 2.35% 60,384 2.67%
Households
2020 Projection 71,314 347,923 884,494
2015 Estimate 68,890 332,312 847,702
2010 Census 68,232 313,175 809,293
Growth 2015 - 2020 3.52% 4.70% 4.34%
Growth 2010 - 2015 0.96% 6.11% 4.75%
Owner Occupied 20,523 29.79% 109,402 32.92% 259,348 30.59%
Renter Occupied 48,367 70.21% 222,910 67.08% 588,353 69.41%
2015 Households by HH Income 68,892 332,312 847,701
Income: <$25,000 17,694 25.68% 77,849 23.43% 206,468 24.36%
Income: $25,000 - $50,000 18,086 26.25% 79,571 23.94% 177,821 20.98%
Income: $50,000 - $75,000 12,936 18.78% 59,197 17.81% 135,893 16.03%
Income: $75,000 - $100,000 8,614 12.50% 43,961 13.23% 103,462 12.21%
Income: $100,000 - $125,000 5,064 7.35% 28,868 8.69% 73,212 8.64%
Income: $125,000 - $150,000 2,423 3.52% 15,568 4.68% 42,925 5.06%
Income: $150,000 - $200,000 2,228 3.23% 15,442 4.65% 47,598 5.61%
Income: $200,000+ 1,847 2.68% 11,856 3.57% 60,322 7.12%
2015 Avg Household Income $62,999 $70,221 $80,212
2015 Med Household Income $47,762 $53,320 $56,597
Demographic Summary Report
35-45-35-47 Junction Blvd, Corona, NY 11368
Business Employment by Type # of Businesses # Employees #Emp/BusTotal Businesses 4,792 31,988 7
Retail & Wholesale Trade 1,017 4,774 5
Hospitality & Food Service 564 5,334 9
Real Estate, Renting, Leasing 235 1,337 6
Finance & Insurance 227 1,377 6
Information 92 436 5
Scientific & Technology Services 309 966 3
Management of Companies 5 32 6
Health Care & Social Assistance 1,006 7,039 7
Educational Services 105 4,442 42
Public Administration & Sales 19 802 42
Arts, Entertainment, Recreation 51 486 10
Utilities & Waste Management 221 817 4
Construction 178 740 4
Manufacturing 122 1,059 9
Agriculture, Mining, Fishing 5 13 3
Other Services 636 2,334 4
Daytime Employment Report 1 Mile Radius
35-45-35-47 Junction Blvd, Corona, NY 11368
2015 Annual Spending ($000s) 1 Mile 3 Mile 5 Mile
Total Specified Consumer Spending $1,598,402 $7,954,040 $21,186,096
Total Apparel $118,971 $518,211 $1,356,690
Women's Apparel 44,311 207,047 551,407
Men's Apparel 26,531 114,234 295,265
Girl's Apparel 9,027 35,728 94,858
Boy's Apparel 6,337 24,857 65,243
Infant Apparel 5,824 24,094 62,305
Footwear 26,941 112,252 287,611
Total Entertainment & Hobbies $105,606 $561,646 $1,523,821
Entertainment 17,289 86,613 233,664
Audio & Visual Equipment/Service 59,931 303,139 811,223
Reading Materials 3,946 27,985 78,785
Pets, Toys, & Hobbies 24,439 143,909 400,149
Total Food and Alcohol $512,427 $2,394,792 $6,173,526
Food At Home 306,574 1,368,893 3,424,230
Food Away From Home 175,139 874,753 2,330,244
Alcoholic Beverages 30,715 151,145 419,053
Total Household $202,083 $1,093,616 $3,012,730
House Maintenance & Repair 25,201 140,205 357,285
Household Equip & Furnishings 84,604 446,074 1,215,806
Household Operations 68,647 367,932 1,027,214
Housing Costs 23,630 139,404 412,424
Consumer Spending Report
35-45-35-47 Junction Blvd, Corona, NY 11368
Consumer Spending Report
35-45-35-47 Junction Blvd, Corona, NY 11368
2015 Annual Spending (000s) 1 Mile 3 Mile 5 Mile
Total Transportation/Maint. $389,073 $1,961,397 $5,179,824
Vehicle Purchases 64,692 364,904 1,050,745
Gasoline 199,630 943,045 2,382,511
Vehicle Expenses 33,774 160,543 443,634
Transportation 58,373 311,184 821,149
Automotive Repair & Maintenance 32,604 181,720 481,786
Total Health Care $77,524 $405,051 $1,036,483
Medical Services 44,442 228,022 598,440
Prescription Drugs 24,405 131,981 323,743
Medical Supplies 8,677 45,048 114,299
Total Education/Day Care $108,402 $565,288 $1,615,593
Education 73,214 366,093 1,035,410
Fees & Admissions 35,188 199,196 580,183
7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
This offering has been prepared solely for informational purposes. It is designed to assist a potential tenant in determining whether it wishes to proceed with an in- depth investigation of the subject property. While the information contained herein is from sources deemed reliable, it has not been independently verified by the Coldwell Banker Reliable Commercial Division or by Ownership. This document is provided subject to errors, omissions and changes in the information and is subject to modification or withdrawal. The contents herein are confidential and are not to be reproduced without the express written consent of Coldwell Banker Reliable Commercial Division or the property Ownership.
Interested lessees should be aware that the lessor is leasing the Property “AS IS” CONDITION WITH ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE. Prior to and/or after contracting to lease, as appropriate, lessee will be given a reasonable opportunity to inspect and investigate the Property and all improvements thereon, either independently or through agents of the lessee’s choosing. The Owner reserves the right to withdraw the Property being marketed at any time without notice, to reject all offers, and to accept any offer without regard to the relative price and terms of any other offer. Any offer to lease or purchase must be: (i) presented in the form of a non-binding letter of intent; (ii) incorporated in a formal written contract to lease or purchase and prepared by the Owner or their representatives and executed by both parties; and (iii) approved by the Owner and such other parties who may have an interest in the Property. Neither the prospective tenant or purchaser nor Owner shall be bound until execution of a formal lease or contract of sale, which contract shall supersede prior discussions and writings and shall constitute the sole agreement of the parties. Prospective tenants or purchasers shall be responsible for their costs and expenses of investigating the Property and all other expenses, professional or otherwise, incurred by them.
Coldwell Banker Reliable Commercial Division 7428 Fifth Avenue, Brooklyn, NY 11209 (718)921-3100 www.cbrcd.com
Contact Information
Contact Info For more information, please contact:
Joseph T. Hamdan, NYS Licensed Real Estate Broker 7428 5th Ave. Brooklyn, NY, 11209 Phone: (718)921-3100 x105 Mobile: (917)365-0215 Email: [email protected]
Kimberly Fong, NYS Licensed Real Estate Salesperson 7428 5th Ave. Brooklyn, NY, 11209 Phone: (718)921-3100 x161 Mobile: (917)903-1002 Email: [email protected]
Coldwell Banker Reliable Commercial Division 7428 5th Ave Brooklyn, NY , 11209 Phone: (718)921-3100 Website: cbrcd.com