9102 Church Ave
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9102 Church Ave
20,568 SF Specialty Building Offered at $7,500,000 in Brooklyn, NY 11236
Investment Highlights
- 20,568 square foot two-level building built on a 20,000 square foot R5-zoned lot
- Ideal for a user, but also an opportunity for an investor or residential developer
- Located in the Canarsie neighborhood of Brooklyn between E 91st St & E 92nd St near the Saratoga Ave subway station.
- Approximately 9,200 square feet of ground-level lot space (7,200 on separate tax lot)
- Configured as an educational facility with 13 classrooms and a kitchen/cafeteria
Executive Summary
The Nowak Group of Marcus and Millichap has been exclusively retained by ownership to arrange the sale
of 9102 Church Avenue in Brooklyn, NY (Block 04712- Lots: 0036 & 0042) The subject property is located
between E 91st and E 92nd Streets in the Remsen Village section of East Flatbush, Brooklyn.
The subject property is approximately 20,000 square feet of R5 zoned lot space, which spans the block on
Church Avenue. Lot 0036 is improved by a single-story, two-level structure, totaling 20,568 square feet
(the lower level is semi-grade with windows and egress points), while lot 0042 offers 7,200 of open space.
The existing combined usable gross square footage of the subject property is just under 30,000 square
feet. 9102 Church Avenue is currently vacant and was formerly occupied by a day care/school. The building
is currently configured as an educational facility with 13 classrooms and a kitchen.
Located near the intersection of Linden Boulevard (Route 27), Kings Highway, and Remsen Avenue, the subject property
offers easy access from major auto thoroughfares and bus routes.
The undeveloped lot space between both tax lots totals approximately 9,200 square feet (7,200 square
feet on lot 0042 and 2,000 square feet on lot 0036).
A purchaser has the opportunity to capitalize on the vacant lot at 0042 can by selling it off, using it as parking or as a playground or for further development.
The improvements lot 0036 lend themselves to the development of additional floors on top of the existing
structure.
The site’s R5 Zoning allows for the development of approximately 25,000 ZSF of housing based on an F AR
of 1.25 or 40,000 ZSF of community facility space based on an FAR of 2.0. Combined with 20,000 SF of
sub-grade space, it is possible to develop a total of 60,000 usable square feet for community uses across
the assemblage.
9102 Church Avenue offers both users and investors the opportunity to purchase a sizeable community
facility with future residential redevelopment potential, well-located near a major traffic hub in Brooklyn.
of 9102 Church Avenue in Brooklyn, NY (Block 04712- Lots: 0036 & 0042) The subject property is located
between E 91st and E 92nd Streets in the Remsen Village section of East Flatbush, Brooklyn.
The subject property is approximately 20,000 square feet of R5 zoned lot space, which spans the block on
Church Avenue. Lot 0036 is improved by a single-story, two-level structure, totaling 20,568 square feet
(the lower level is semi-grade with windows and egress points), while lot 0042 offers 7,200 of open space.
The existing combined usable gross square footage of the subject property is just under 30,000 square
feet. 9102 Church Avenue is currently vacant and was formerly occupied by a day care/school. The building
is currently configured as an educational facility with 13 classrooms and a kitchen.
Located near the intersection of Linden Boulevard (Route 27), Kings Highway, and Remsen Avenue, the subject property
offers easy access from major auto thoroughfares and bus routes.
The undeveloped lot space between both tax lots totals approximately 9,200 square feet (7,200 square
feet on lot 0042 and 2,000 square feet on lot 0036).
A purchaser has the opportunity to capitalize on the vacant lot at 0042 can by selling it off, using it as parking or as a playground or for further development.
The improvements lot 0036 lend themselves to the development of additional floors on top of the existing
structure.
The site’s R5 Zoning allows for the development of approximately 25,000 ZSF of housing based on an F AR
of 1.25 or 40,000 ZSF of community facility space based on an FAR of 2.0. Combined with 20,000 SF of
sub-grade space, it is possible to develop a total of 60,000 usable square feet for community uses across
the assemblage.
9102 Church Avenue offers both users and investors the opportunity to purchase a sizeable community
facility with future residential redevelopment potential, well-located near a major traffic hub in Brooklyn.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $7,500,000 | Building Class | B |
| Price Per SF | $365 | Lot Size | 0.29 AC |
| Sale Type | Investment or Owner User | Building Size | 20,568 SF |
| Sale Conditions | 1031 Exchange | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1931 |
| Property Subtype | Schools | Parking Ratio | 3.5/1,000 SF |
| Price | $7,500,000 |
| Price Per SF | $365 |
| Sale Type | Investment or Owner User |
| Sale Conditions | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 20,568 SF |
| No. Stories | 2 |
| Year Built | 1931 |
| Parking Ratio | 3.5/1,000 SF |
Amenities
- Bus Line
- Air Conditioning
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Walk Score ®
Very Walkable (89)
Transit Score ®
Excellent Transit (75)
PROPERTY TAXES
| Parcel Number | 04712-0036 | Improvements Assessment | $724,950 |
| Land Assessment | $135,000 | Total Assessment | $859,950 |
PROPERTY TAXES
Parcel Number
04712-0036
Land Assessment
$135,000
Improvements Assessment
$724,950
Total Assessment
$859,950
zoning
| Zoning Code | R5 (R5 - Medium density district with) |
| R5 (R5 - Medium density district with) |
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9102 Church Ave
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