UPS store Bergen and nostrand

Shesaidwhat · December 2014

1080A Bergen st.

Shesaidwhat · December 2014

Not sure why it got posted rotated like that.. Let's try again with more letters

whynot_31 · December 2014

Welcome shesaidwhat!

Pictures only seem to reliably appear correctly when taken in landscape mode.

That said, Nostrand Avenue in CH, you are about to receive your first big corporate store. More will come!

newguy88 · December 2014

Soon we can look forward to many more brown trucks double parking in the bike lane. However, I know for many this will be a welcome relief to package delivery troubles.

whynot_31 · December 2014

The fact that it is on a side street likely made it more attractive to UPS, as the trucks won't have to deal with SBS.

I am impressed that this property was able to score such a high profile tenant.

...I am going to have to start believing my contacts in commercial real estate who tell me that the area is being looked at by big corporations.

pragmaticguy · December 2014

It's a franchise operation so whether it's a big corporation is still to be determined. I'm sure there's a need for this kind of place so it will probably do well. Most FedEx Office stores are open 24 hours so I wonder how late this place will be open. For those who don't remember, these were former Mailboxes, Etc franchises before UPS bought that whole company.

Shesaidwhat · December 2014

Thanks whynot... Ill give it one more shot

Call me a nimby but I'd rather walk to drop off a package once a year... Ups has drop off locations at Bedford and Fulton. I hope it fails spectacularly. There were two shootings on Bergen in between nostrand and Rogers recently in a span of about 3 months (the first right in front of that storefront where the shooter jumped off and then back on his bike), both with victims actually getting hit but I suppose that isn't really relevant. Still, there is a ups store on Flatbush and another in park slope, then nothing heading west until queens.

whynot_31 · December 2014

I believe these places make their money by serving as places to pick up packages, more than as places to mail them.

Lots of folks are ordering lots of stuff via Amazon, etc and such stores allow them to conveniently receive the packages without having doorman buildings.

Shesaidwhat · December 2014

Good point, here's hoping people realize there are better/more cost effective solutions for that. For example, I used to have a UPS store box.. I now get my packages at my storage unit place for the same monthly price... but its a free addon to the 100cu ft storage unit I have so I get MUCH more for my dollar (although beware the 'nominal' 6month rent increases with cubesmart)

blue_apple · December 2014

I believe these places make their money by serving as places to pick up packages, more than as places to mail them.

Lots of folks are ordering lots of stuff via Amazon, etc and such stores allow them to conveniently receive the packages without having doorman buildings.

You cannot cover your rent by acting as a pick-up location. It does, however, add to the revenue stream and act as a way to keep customers coming in the door.

The main profit center is the actual shipping services provided.

sunnyfriday · January 2015

Is this store open yet or no?

whynot_31 · January 2015

It isn't listed as being active on the UPS store website yet: http://www.theupsstore.com/pages/locations.aspx

BTW, from the UPS map, it appears as if this location will be their first this far east in Brooklyn.

It results from combining two storefronts, one of which was about 450 sq ft and wanted about $1200 a month. The other was about 600 sq ft and wanted about $1800.

http://urbanretailny.com/components/com_ezrealty/pdfs/5c5e0f3db19108db64bbcfc247f550b3.pdf

So, this venture is probably bringing the landlord about $3k a month.

homeowner · January 2015

UPS charges $5 for every diversion to a UPS store. So some quick math says that they'd have to get 25 packages diverted a day (assuming they are open six days a week) to cover their rent (not including overhead). That's a pretty achievable number for the 4Q of the year, probably a lot less so the balance of the year, but that's only one of many revenue streams (shipping, retail packing material sales, mailboxes, faxing, copying, etc). While it may be tight at $3k a month. It's definitely do-able.

And considering how suspect the Brevoort post office is, I'd say they have a fighting chance so long as they do a decent job of letting people know that they are there.

nothinlikeabklyngirl · January 2015

@whynot_31 Don't know why it doesn't show up on the map, but I know there's a UPS store out in Georgetown (Flatlands), which is definitely far east: http://brooklyn-ny-5412.theupsstorelocal.com/

whynot_31 · January 2015

This google generated map of UPS stores seems more detailed. All of the red dots are UPS stores, and some get little red balloons:
http://goo.gl/maps/zumkn

That Flatlands location looks very alone.

pragmaticguy · January 2015

Had a guy from UPS come into my office today trying to get me to become one of those "access point" places where people can pick up or drop off their packages and I would get 50 cents for each one. Told him I wasn't open enough hours for them and I'm not open weekends. Mentioned that this place was opening shortly. One of his selling points was stating to me that it was like having a UPS store without having to pay any of the fees or becoming a franchisee. Great way to screw the people that want to become franchisees and open this type of business.

whynot_31 · January 2015

I don't think I would agree to receive packages for only 50 cents, unless I would likely benefit from the increased foot traffic in my store.

sunnyfriday · January 2015

@pragmaticguy Did he say how soon is "shortly"? I only press the issue because I have some Amazon returns to make before the 30th

Also, do you mean that becoming an "access point" screws over the franchisees because then they aren't really necessary/the "access point" takes away business from them?

pragmaticguy · January 2015

I told the guy that this place on Bergen was opening shortly but I have no idea when, I'm sure someone on this board does. And yes, being an access point does screw over the franchisees because the access point places don't have to pay any of the franchise fees or even advertise outside of maybe placing a sign in the window. Sort of like how Carvel jerked their franchisees by selling ice cream cakes in supermarkets that were made in a central location instead of having the local shops make and deliver them. How many Carvel places do you see anymore? Old Tom Carvel never would have stood for that. Oh well, that's business for ya.

whynot_31 · February 2015

One can now purchase the building that the UPS store resides in, as well as the nearby bodega:

http://www.cpexre.com/system/assignments/packages/000/000/491/original/654-656_Nostrand_Avenue_-_Setup.pdf?1423151171

You'll need $3.7M

654 Nostrand
656 Nostrand
Crown Heights

whynot_31 · April 2015

As of today, no one has come up with the $3.7 M yet.

sunnyfriday · April 2015

Is the UPS store open yet? Haven't ventured over there yet, and was surprised that no one had mentioned its opening...

Dawndew · April 2015

You can build 6 stories on the corner bodega! increased density will bring the customers.

whynot_31 · April 2015

I might buy the building if I was building something nearby, then use its 5000 sq ft of transferable air rights to give my original building some nice views.

whynot_31 · July 2015

Still for sale:

https://twitter.com/CPEXRealEstate/status/616307996172419072

UPS store Bergen and nostrand

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