City Point BKLYN

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  • 445 Albee Square W Brooklyn New York 11201 United States
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1REC's Take
Pros

✔ Modern facilities ✔ Diverse retail and dining options ✔ Central location

Cons

✘ Expensive ✘ Can be crowded ✘ Limited parking

Shopper Profile

✦ Diverse Shoppers: Local residents and tourists ✦ Preferences: Retail stores, dining, entertainment

About Location
City Point BKLYN in Downtown Brooklyn, NY, is a mixed-use development featuring a variety of retail stores, dining options, and entertainment venues. It attracts a diverse crowd of shoppers and diners. Rents are high, overseen by corporate landlords.
Trade Area Summary

Basic Demographics

Median Household Income: $89,468
Consumer Expenditure: $32,540,040,947
Population: 930,782
Daytime Population: 1,096,633
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: G – Educated Urbanites (98%)
Segment #2: I – Young Urban Singles (1%)
Segment #3: A – Ultra Wealthy Families (0%)
All Other Segments: 0%

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: 88%
Anchor Tenants: Target, Alamo Drafthouse, Dekalb Market Hall
Tenant Rent/Sales Ratio (%): 12%
Rent $ / Visitor: $32.00
Source 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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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 445 Albee Square W
Brooklyn
New York
11201
United States
Place Tags: Mall
Website
Retail Type: Indoor Malls

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