Real Estate Weekly: Flatbush flagship ripe for the picking, says Winick
Flatbush flagship ripe for the picking, says Winick
Winick Realty Group announced that Capstone Equities has selected the firm to market more than 14,000 s/f of retail at One Flatbush Avenue in Brooklyn.
Executive vice presidents Darrell Rubens and Diana D. Boutross, along with associate Matthew Schuss, will lead the assignment.
Located at the corner of Flatbush and Fulton, One Flatbush Avenue is on the most visible corner in Brooklyn, the third largest market in the United States.
With over 200 ft. of signage and two floors of retail, the property is prime for one brand to plant its flagship, according to Rubens.
“The amount of new development that has gone on in this area of Brooklyn is amazing,” he said.
“There are more new residences going up around One Flatbush Avenue than ever before and, as a result, the streets are teeming with shoppers all day long.
“It behooves any brand to take advantage of the opportunity available at One Flatbush as this already bustling area is only going to grow stronger in the years to come.”
The retail at One Flatbush Avenue includes 14 ft. ceilings on the 7,000 s/f ground and second floors, in addition to 5,000 s/f in the basement.
The store is surrounded by the Barclays Arena and BAM, and it is situated at the gateway to the Fulton Mall, the sixth largest shopping street in New York City with more than 100,000 shoppers per day.
More than 78,000 cars pass the site each day, while more than 11,000 people utilize the Nevins Street subway station directly in front.
One Flatbush Avenue also sits directly behind Fox Square, a 6,000 s/f public plaza maintained by the Downtown Brooklyn Partnership.
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rew_050813_Flatbush flagship ripe for the picking, says Winick
Resurgence in real estate development in Brooklyn today is creating growth that recalls — and even surpasses — the decades in mid-19th century when Brooklyn consolidated six towns to become an independent city. During the next half-century, which included completion of the Brooklyn Bridge (1883) and the ironic and controversial merger of Brooklyn into greater New York (1897), Kings County enjoyed unprecedented growth several decades into the new 20th Century.
Winick Realty Group announced that Kenneth Hochhauser, executive vice president; Daniel Spector, senior vice president; and Diana D. Boutross, senior managing director, are exclusively representing Chipotle Mexican Grill in their leasing efforts throughout Northern New Jersey, Long Island and all five boroughs of New York City.
