Central Avenue

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  • 344 Central Ave Brooklyn New York 11221 United States
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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

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.
Trade Area Summary

Basic Demographics

Median Household Income: $55,737
Consumer Expenditure: $11,286,790,971
Population: 440,955
Daytime Population: 216,205
Source Notes: Data reflects 20 minute drive times as of Q3 2023 (Experian) and is provided by Dallimore & Co, a boutique advisory firm specializing in growth strategy, real estate solutions, and M&A for specialty retail and consumer brands.

Household Segment Breakdown

Segment #1: Q – City Hopefuls (67%)
Segment #2: I – Young Urban Singles (25%)
Segment #3: G – Educated Urbanites (5%)
All Other Segments: 3%

Source Notes: Segment data reflects 0.25mi radius and is provided by Spatial.ai, an AI-Powered segmentation platform for retail marketers.

Occupancy
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: $12.71
Source Notes: Data sourced from public and private records.
Availabilities
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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Local Broker: Be Featured! Contact Us

Building Surveyor: Be Featured! Contact Us

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Licensed Architect: Be Featured! Contact Us

Store Designer: Be Featured! Contact Us

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Experienced Vendors
Central Avenue
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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 344 Central Ave
Brooklyn
New York
11221
United States
Place Tags: Street
Retail Type: Streets & Neighborhoods

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