MIDWOOD, BROOKLYN - NY

MIDWOOD, BROOKLYN - NY

LANDING PAGE LINK WILL GO HERE STUNNING PENTHOUSE WITH THIRTEEN FOOT CEILINGS AND LOFT-LIKE, EXPOSED BEAMS. THERE IS NOTHING LIKE IT, AND THERE IS ONLY ONE! Andrew Feldman 646.598.6495 afeldman@triplemint.com 225 Avenue M is a tantalizing new boutique development in the heart of Ocean Parkway, Brooklyn. The owners of the building have spared no expense in building and developing the luxury location. The building s location is one of its primary attractors. Why pay downtown prices when you can live just a few minutes from it all? With endless shopping, dining, pharmacies, and other prominent activities to enjoy, you are at the epicenter of a high volume of foot traffic. The area is accessible by public transit as well, with the F train just a few steps away (M stop, two blocks up). This will get you into the city in less than 30 minutes. PRIMARY ADDRESS: 225 Avenue M ALTERNATE ADDRESS: 1378-1388 East 3rd Str. BLOCK AND LOT: 06538-0043 BUILDING SQUARE FOOTAGE: 6,503 LOT DIMENSIONS: 23.5 feet x 100 feet YEAR BUILT: 2017 ZONING: R6A NEIGHBORHOOD: Midwood Exclusively Presented By

NEIGHBORHOOD MAPS RESIDENTIAL REVENUE UNIT STATUS MONTHLY YEARLY Office Preparing lease $2,000.00 $24,000.00 1st $2,800.00 $33,600.00 2nd Lease Out $4,000.00 $48,000.00 3rd Lease Out $4,000.00 $48,000.00 4th Signed $4,000.00 $48,000.00 5th Lease Out $4,800.00 $57,600.00 Expenses $19,550.00 NOI $239,200.00 EXPENSES v Real Estate Taxes (421abatment) C&W ESTIMATED $1,000 Water/Sewer @ $0.50 psf $3,250 Insurance @ $1.25 psf $4,500 Electric (Common Areas) @ $0.25 / SF $1,500 Super @ $1.00 / SF $ 4,800 Cleaning & Maintenance @ $1.00 / SF $4,500 Avenue N F train just two blocks up ASKING PRICE: $5,000,000 CAP: 4.78% Price Per Built Sq. Ft.: $768.52

TAX LOT PROPERTY PICTURES 5 STORY 5 UNIT 1 OFFICE FULL BATH OPEN KITCHEN BALCONY OPEN VIEWS

DEMOGRAPHICS POPULATION HOUSING Total Estimated Population 151,128 1, 142,119 1, 881,620 159,808 1, 186,725 1, 937,470 Total Census 2010 Population 145,736 1, 102,349 1, 836,579 145,736 1, 102,349 1, 836,579 Population Change % 4.10% 4.10% 3.10% 10.20% 8.50% 6.30% Population Density (People/SQ 53,254 58,666 56,505 56,125 60,737 58,001 Mile) Median Age 41 42 41 43 44 43 Total Males 74,137 549,269 891,706 78,834 574,911 926,257 Total Females 76,991 592,850 989,914 80,974 611,814 1, 011,213 POPULATION BY AGE GROUP 4 Years Old and Younger 8,487 67,427 115,689 8,590 66,168 112,017 5-9 Years Old 10,159 78,166 132,364 10,001 76,279 128,813 10-14 Years Old 10,536 78,710 131,884 10,756 81,018 135,942 15-19 Years Old 11,108 80,686 133,154 11,354 82,261 135,459 20-24 Years Old 10,820 78,981 129,255 11,362 80,808 131,146 25-29 Years Old 9,927 74,447 122,904 10,320 74,745 121,558 30-34 Years Old 9,677 74,168 124,871 10,043 73,286 119,783 35-39 Years Old 9,827 76,813 131,930 9,884 73,886 122,864 40-44 Years Old 10,175 80,790 138,926 10,563 80,095 135,253 45-49 Years Old 10,025 79,890 134,661 10,337 79,960 134,610 50-54 Years Old 9,488 74,635 122,730 10,118 78,382 129,981 55-59 Years Old 8,818 68,868 111,547 9,647 74,276 120,713 60-64 Years Old 6,997 53,745 86,468 8,270 62,755 100,417 65-69 Years Old 5,910 44,339 70,661 6,932 52,099 82,614 70-74 Years Old 5,128 36,943 57,433 5,873 42,753 66,446 75-79 Years Old 4,755 32,539 48,762 4,828 34,644 52,878 80-84 Years Old 3,953 26,094 37,980 4,237 28,864 42,660 85 Years Old and Older 5,338 34,878 50,401 6,693 44,446 64,316 Total Estimated Households 53,558 409,238 696,672 56,606 425,697 718,525 Total Census 2010 Households 51,149 389,523 667,477 51,149 389,523 667,477 Average Household Size 2.9 2.8 2.7 N/A N/A 0.3 Total Housing Units 53,237 411,645 714,908 53,397 417,088 724,975 Owner 15,971 125,033 202,891 16,037 126,612 205,827 Renter 35,421 271,491 477,861 35,506 275,119 484,414 Vacant Housing Units 1,845 15,128 34,167 1,853 15,355 34,735 INCOME Under $10,000 8,956 65,627 115,397 9,457 68,179 118,099 $10,000 - $14,999 5,826 37,803 56,774 6,141 39,338 58,442 $15,000 - $19,999 3,625 27,237 43,778 3,834 28,340 45,041 $20,000 - $24,999 2,951 26,395 43,636 3,118 27,408 44,811 $25,000 - $29,999 2,913 25,213 42,323 3,083 26,167 43,498 $30,000 - $34,999 3,018 22,980 39,978 3,176 23,866 41,150 $35,000 - $39,999 2,648 21,569 36,401 2,801 22,446 37,530 $40,000 - $44,999 2,335 19,783 33,545 2,476 20,566 34,634 $45,000 - $49,999 2,211 17,950 29,975 2,345 18,639 30,929 $50,000 - $59,999 3,944 30,896 52,605 4,170 32,135 54,317 $60,000 - $74,999 4,470 35,138 61,288 4,732 36,630 63,480 $75,000 - $99,999 4,392 34,058 59,293 4,667 35,539 61,613 $100,000 - $124,999 2,311 17,528 30,975 2,459 18,312 32,290 $125,000 - $149,999 1,170 9,184 16,245 1,247 9,646 16,975 $150,000 - $199,999 872 6,424 12,373 937 6,770 12,994 Over $200,000 1,034 5,604 12,176 1,131 5,930 12,869 Median Household $35,051 $38,060 $38,806 $35,070 $38,046 $38,827 Aggregate Household $2, 542,296,631 $19, 364,555,777 $34, 315,025,667 $2, 711,376,803 $20, 232,343,958 $35, 704,148,651 Average Household $48,344 $49,362 $50,036 $48,509 $49,451 $50,170 Per Capita Household $16,914 $17,608 $18,843 $16,998 $17,668 $18,938

OUR MISSION IS TO PROVIDE PEOPLE EVERYWHERE WITH A SMARTER, MORE SUCCESSFUL REAL ESTATE EXPERIENCE That s why we re on a mission to change the industry. Combining technology, data and a select group of real estate experts, we re empowering people to make smarter real estate decisions. We start with a team approach to every transaction. Amplifying the expertise of a local real estate professional with a highly skilled group of researchers, data scientists, marketing and digital experts, and project managers, ensures the client has every aspect of the transaction supported. Taking it a step further, we customize our approach for buyers and sellers and offer unprecedented access not provided by any other real estate firm. For buyers, Triplemint uses its proprietary algorithm to identify properties most likely to sell, but not currently listed on the market. This increased access empowers buyers to make sounder financial decisions on what is most likely their largest single purchase. For sellers, Triplemint identifies the most likely buyers for a home and actively reaches out during the pre- listing phase. Generating demand 2-4 weeks before a property hits the open market greatly increases competition, pricing accuracy, and the likelihood a qualified buyer will be found during the critical, 30-day launch period. ANDREW FELDMAN Andrew Feldman is an expert in all aspects of real estate, specializing in commercial and investment property sales, new construction assets, and new development transactions. He previously worked at Keller Williams, where he lead one of the top producing teams in the city. At Triplemint, Andrew is a co-founder of the Ampersand Team, whose expertise is dynamic and all-encompassing. They have done deals in the residential, commercial, and new development spheres. Andrew Feldman Licensed Real Estate Broker As a seasoned expert, Andrew has an unparalleled knowledge of market trends and strong negotiation skills to give his clients exceptional representation, with a proven track record of closing transactions. A native New Yorker, Andrew traded his original career as a chef to pursue investment real estate. His hobbies include trying new restaurants in the city and working out. Andrew is also a car fanatic. (917) 226-0665 afeldman@triplemint.com

2017 Triplemint. Licensed Real Estate Brokerage. 220 West 42nd Street, Floor 22, New York, NY 10036. (212) 235-1123. All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert. If your property is currently listed with another real estate broker, please disregard this offer. It is not our intention to solicit offerings of other real estate brokers. We cooperate with them fully. Equal housing opportunity. 220 WEST 42ND STREET, FLOOR 22, NEW YORK, NY 10036 TRIPLEMINT.COM