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4301 Church Ave
Brooklyn, NY 11203

Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Premier Location of Flatbush
  • Fully Renovated Interior plus Exterior
  • Corner Solid Brick Building with 3 Parkings
  • Lower Tax Annual $3716

EXECUTIVE SUMMARY

OPEN HOUSE
Tuesday, 16 November 3:00 – 5:00 pm
MIXED-USE 2 COMMERCIAL, 2 RESIDENTIAL, 3 PARKINGS SOLID BRICK CORNER BUILDING.
Mixed-Use, Brick Corner Building w/ 2 Residential Apartments, 2 Commercial Spaces & 3 Parkings!
One of the best deal in East Flatbush! Solid brick built strengthens the building's architecture. Situated as a corner and being a Mixed-Use elevates the building value. Gut renovated interior and exterior addressing the demands of the 21st century meets the requirements of all the prospective buyers. This building features full basement for storage, 2 commercial spaces on the 1st floor, 3 bedroom residential apartment on the 2nd Fl, 3 bedroom residential apartment on 3rd Fl. Providing unparalleled opportunities for all the buyers, investors, and end-users.
(3rd Floor: Leased Current Rent $2,500)
(2nd Floor: Leased, Current Rent $2,500)
(1st Floor: Commercial Rear, Leased Current Rent $2,100)
(1st Floor Commercial Front, w/ Basement, Projected Rent $6,000 Ideally designed for optic business or medical offices).
Premier Location of Flatbush, Corner Solid Brick Building with 3 Parkings, Fully Renovated Interior plus Exterior and Lower Tax are the major highlights of this fabulous deal.
For More Details please TEXT LA @646-471-6141

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,580 SF
Building Class
C
Year Built
1931
Price
$2,698,000
Price Per SF
$754
Cap Rate
5.38%
NOI
$145,200
Percent Leased
46%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.64
Lot Size
0.05 AC
Zoning
R5, C2-2 - R5 - Medium density district with a height limit of 40 feet
Parking
6 Spaces (0.84 Spaces per 1,000 SF Leased)
Frontage
20 FT on Church Ave

AMENITIES

  • Corner Lot
  • Storage Space
  • Recessed Lighting

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04880-0042
Land Assessment
$77,850
Improvements Assessment
$90,900
Total Assessment
$168,750
  • Listing ID: 22950361

  • Date on Market: 5/6/2021

  • Last Updated:

  • Address: 4301 Church Ave, Brooklyn, NY 11203

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