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5205-5207 Church Ave 4,500 - 14,700 SF of Retail Space Available in Brooklyn, NY 11203
Highlights
- End-User and Investor Potential
- 14,000 BSF Mixed-Use Development
- $50/SF retail rents along Prime Church Ave
- Flexibility with Vacancy
- Elevator Building with Adaptable Layout
All Available Spaces(3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
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.
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- High Ceilings
- End-User and Investor Potential
- 14,000 BSF Mixed-Use Development
- -$50/SF retail rents along Prime Church Ave
- Located in-line with other retail
- Can be combined with additional space(s) for up to 14,700 SF of adjacent space
- Finished Ceilings: 10’
- Flexibility with Vacancy
- Elevator Building with Adaptable Layout
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.
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- High Ceilings
- End-User and Investor Potential
- 14,000 BSF Mixed-Use Development
- -$50/SF retail rents along Prime Church Ave
- Located in-line with other retail
- Can be combined with additional space(s) for up to 14,700 SF of adjacent space
- Finished Ceilings: 10’
- Flexibility with Vacancy
- Elevator Building with Adaptable Layout
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.
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- High Ceilings
- End-User and Investor Potential
- 14,000 BSF Mixed-Use Development
- -$50/SF retail rents along Prime Church Ave
- Located in-line with other retail
- Can be combined with additional space(s) for up to 14,700 SF of adjacent space
- Finished Ceilings: 10’
- Flexibility with Vacancy
- Elevator Building with Adaptable Layout
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| Lower Level | 4,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Retail | Full Build-Out | Now |
| 1st Floor | 5,700 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Retail | Full Build-Out | Now |
| 2nd Floor | 4,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Retail | Full Build-Out | Now |
Lower Level
| Size |
| 4,500 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 5,700 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 4,500 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
Lower Level
| Size | 4,500 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | Now |
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.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 14,700 SF of adjacent space
- High Ceilings
- Finished Ceilings: 10’
- End-User and Investor Potential
- Flexibility with Vacancy
- 14,000 BSF Mixed-Use Development
- Elevator Building with Adaptable Layout
- -$50/SF retail rents along Prime Church Ave
1st Floor
| Size | 5,700 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | Now |
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.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 14,700 SF of adjacent space
- High Ceilings
- Finished Ceilings: 10’
- End-User and Investor Potential
- Flexibility with Vacancy
- 14,000 BSF Mixed-Use Development
- Elevator Building with Adaptable Layout
- -$50/SF retail rents along Prime Church Ave
2nd Floor
| Size | 4,500 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | Now |
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.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 14,700 SF of adjacent space
- High Ceilings
- Finished Ceilings: 10’
- End-User and Investor Potential
- Flexibility with Vacancy
- 14,000 BSF Mixed-Use Development
- Elevator Building with Adaptable Layout
- -$50/SF retail rents along Prime Church Ave
Property Facts
Property Overview
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.
- Concierge
- Kitchen
- Central Heating
- High Ceilings
- Wi-Fi
- Hardwood Floors
- Air Conditioning
Nearby Major Retailers
