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Floor Plans

For Sale
Brooklyn
East Flatbush
5203-5207 Church Avenue

5203-5207 Church Avenue

East Flatbush, Brooklyn, NY 11203

$4,800,000

14,700 Sqft

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5203-5207 Church Avenue
East Flatbush, Brooklyn, NY 11203

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Brooklyn / NY

Mixed Use HIGHLIGHTS

Property Type

Pre-War Mixed Use
Year Built

1931
Maintenance/CC

$4,837 (Monthly)
Financing Allowed

100%
RE Tax

$89,292

Listing courtesy of Nathan M Horne of Compass.

Set within one of Flatbush’s established commercial areas, 5203–5207 Church Avenue, an approximately 15,000 SF (~10,000 SF above grade) commercial property situated along one of Flatbush’s predominant retail corridors. The property can be delivered vacant, offering a compelling opportunity for an end-user or for repositioning or redevelopment by an investor.

The building is currently configured with retail and medical tenants and features 10’+ ceiling heights and elevator access throughout, allowing for a highly usable and customizable layout. Notably, a credit-worthy second-floor tenant is paying approximately $13,500 per month, enabling an owner-user to occupy the remaining space while offsetting carrying costs, or allowing an investor to retain that income while repositioning the balance of the building with market-rate tenants.

From a development perspective, the property is located within a Qualifying Residential Site (QRS), which allows for a mixed-use FAR of up to 2.5, translating to approximately 14,000 buildable square feet. This provides meaningful long-term optionality while maintaining current income in the interim.

5203-5207 Church Avenue

Facts & Features

City Region

Brooklyn
Common Elements %

100.00
Living Area

14,700 Sqft
MLS #

Rls20076278

Neighborhood

East Flatbush
Property Type

Mixed Use
Year Built

1931

Building Features

Elevator(s)
Elevators

1
Laundry Features

See Remarks

Building Area Total

14700
Entry Level

1
Levels

Three Or More
Stories

3

Structure Type

Mixed Use
Total Number of Units

1
Total Stories

3
Year Built

1931

Pets Allowed

Building No, No
Neighborhood

East Flatbush

Annual Taxes

$89,292
Financing Allowed

100%
Maintenance/CC

$4,837 (Monthly)

Furnished

Unfurnished

Home Price

in US Dollars

Down Payment

Interest Rate

Mortgage Term

Total/Month

Principal & Interest
Property Taxes (monthly) $7,441
Maintenance / Common Charges $4,837

*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

5203-5207 Church Avenue

Location

Nearby Points of Interest

Busidan, Yamit, DO
Health Care, Independent
Callejo, Kate, Rina Tabalb
Health Care, Independent
Ramharrack, Cadesa, Deborah, MD
Health Care, Independent
Triboro Chiropractic, PC
Health Care, Independent
Specialty Pharmacy
Non Food Shops, Independent

Data courtesy of LocalLogic.co

Neighborhood

East Flatbush

East Flatbush is a primarily residential neighborhood in central Brooklyn, generally bounded by Crown Heights to the north and Flatbush to the west. Development largely took place in the early to mid-20th century, resulting in blocks...

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5203-5207 Church Avenue

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