4721-4723 Church Avenue, Brooklyn, New York 11203
Listed By CENTURY 21 Mizrahi Realty
The Retail Property for Sale located at Brooklyn, New York 11203 is currently for sale. Brooklyn, New York 11203 is listed for $5,200,000. If the property located at Brooklyn, New York 11203 isn't what you're looking for, visit https://www.century21global.com to see other Retail Properties for Sale in Brooklyn .
Date Updated : Jul 9, 2025
Property features
Area
- Property size:
966 m² (10,400 ft²) - Land/Lot size:
346 m² (3,720 ft²)
Description
Flatbush Prime Corner 3 story Building
3 stores and 8 apartments. Apartments are free market rent.
Each apartment has their own heating, hot water tanks, air conditioning and are paid by tenants.
Store #1 - Corner Bakery - $7,576. Lease Exp: 2/2030 Store #2 - Smoke Shop - $5,409 Lease Exp: 3/2030 Store #3 - Church - $2,784 All Stores have a 3% Increase per annum
Apartments: 2/1 Bedroom - 4/2 Bedrooms - 2/3 Bedrooms
Apt 1 - 1 Bedroom, 1 Bath $2,484 Sec 8 Apt 2 - 1 Bedroom, 1 Bath $2,057 Sec 8 Apt 3 - 2 Bedrooms, 1 Bath $2,762 Sec 8 Apt 4 - 2 Bedrooms, 1 Bath $2,762 Apt 5 - 2 Bedrooms, 1 Bath $2762 Sec 8 Apt 6 - 2 Bedrooms, 1 Bath $2,762 Sec 8 Apt 7 - 3 Bedrooms, 2 Baths $3,084 Apt 8 - 3 Bedrooms, 2 Baths $3,220 Apartments have their own heating, hot water tanks, air conditioning and are paid by tenants.
Taxes: $77,075. Insurance: $9,000 Electric: $1,500 Water: $6,800 Repairs: $8,000 Payroll: $8,000 Heat,, A/C, Gas Pd by Tenants
Gross Income $451,944 Net Income $355,063 Cap Rate 6.8
For More Information Call or Text Samuel Mizrahi 917-561-4526 E-Mail: [email protected]
Location
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