1103 Church Avenue, Brooklyn, NY 11218

Flatbush, Brooklyn, New York 11218

$1,700,000  

Listing ID Number

25559

Property Description

•2-story mixed-use building with approx. 21’ of frontage on Church Ave between Stratford Rd & Westminster Rd. Around the corner from Prospect Park.
•1stfloor retail unit is leased to PawSitiveVeterinary until March 31st, 2027 paying $5,000/mowith an increase to $5,500/moon April 1st, 2021.
•1 apartment on the 2ndfloor will be delivered vacant with room to expand and build a second apartment over the 1stfloor extension.
•R6A/C2-4 zoning has substantial air rights for development -approx. 3,115 buildable square feet.
•Take advantage of this rare opportunity to own on Church Avenue, one of Kensington’s prime corridors with access to such retail as Rite Aid, Carvel, Walgreens, Astoria Federal Bank, Subway and Foodtownwhile recognizing all of the benefits of one of Brooklyn’s maturing neighborhoods.
•Nearby transportation includes the B & Q train station at Church Ave. & East 17thSt. and the F & G train station at Church Ave. & McDonald Ave. Across the street and on the route of the B35 Bus stop.

Overview

Building Type:Mixed-Use Investment Buildings
Location:Flatbush
Buildable Sq. Ft:2,975
Available Air Rights:3,115
Zoning:R6A/C2-4
FAR:3.0
Taxes:$5,401

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Edward Gevinski
Senior Director
(718) 307 6502
edward.gevinski@cushwake.com

Jeffrey A. Shalom
Senior Managing Director
(718) 307 6558
jeffrey.shalom@cushwake.com

Caroline Hodes
Associate
(718) 307 6557
caroline.hodes@cushwake.com

Luis V. Briones, Jr.

7183076505
luis.briones@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.