Apparently the rumors are true: Starbucks is joining Capital One in the ground floor space at 341 Eastern Parkway in Crown Heights, according to DNAinfo. This will be the coffee giant’s first store east of Flatbush Avenue. Most of its Brooklyn locations are concentrated in Brooklyn Heights and Downtown Brooklyn, along with two in Park Slope and several scattered around Bay Ridge, Bensonhurst and Flatbush.
We don’t know what they’re paying for their 4,500 square feet of space, but the asking rent for Capital One was $100 a square foot. Both the bank and the coffee retailer are slated to open in the fall. And the eight-story, 63-unit building is ready to start leasing in July with rents ranging from $2,575 for a one-bedroom to $3,700 for a two-bedroom, two-bath apartment.
We wonder what this will mean for the other Franklin Avenue coffee retailers, which include Pulp and Bean (two locations), Little Zelda, Breukelen Coffee House, as well as nearby Crosby Coffee and Glass Shop. What impact do you think the new coffee shop will have on the neighborhood?
Starbucks to Open First Crown Heights Location This Fall [DNAinfo] GMAP
341 Eastern Parkway Coverage [Brownstoner]