Central Avenue

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  • 344 Central Ave Brooklyn New York 11221 United States
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1REC's Take
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Occupancy Information
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1REC's Take
Pros

✔ Vibrant cultural scene ✔ Diverse dining options ✔ Active nightlife

Cons

✘ High cost of living ✘ Traffic congestion ✘ Limited parking

Shopper Profile

✦ Diverse Shoppers: Local residents and visitors ✦ Preferences: Retail stores, dining, services

Successful Retail Uses:
Retail Stores, Dining, Services
About Location
Central Avenue is a residential shopping street featuring a range of local stores and services catering to the neighborhood’s diverse population. Rents are generally affordable, making it a good location for independent retailers.
Household Income in Trade Area: $45,000
Retail Sales in Trade Area: $585 million
Population in Trade Area: 275,000
Occupancy Information
Tenant Sales per Square Foot: 650
Occupancy Rate: 82%
Anchor Tenants: Central Avenue Shopping District, Various small businesses
Tenant Rent/Sales Ratio (%): 6.92% – 16.92%
Rent $ / Visitor (relative cost of the foot traffic): $12.71
Other Notes: Data sourced from public and private records.
Know Before You Go
Preferred ISP(s)
Spectrum, Verizon
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Medium
Union Labor Disharmony Likelihood
Medium
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Get Directions
Primary Landlord: Street
Retail Type: Streets & Neighborhoods
Address: 344 Central Ave
Brooklyn
New York
11221
United States
MSA: New York-Newark-Jersey City NY-NJ-PA

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