Real estate listing preview #1
listing
1 of 1
CommercialFor Sale
$5,200,000
4721 Church Avenue
Brooklyn, NY 11203
Listing Provided Courtesy of Century 21 Mizrahi Realty
MLS: Brooklyn New York MLS
10,467Sq Ft
Est. Mortgage
$26,941/mo

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

Get in touch
© 2025 Brooklyn MLS (RETS) (BNYMLS-RETS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of BNYMLS. Real estate listings held by IDX Brokerage firms other than Century 21 Mizrahi Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed.
Data last updated: 07/06/2025 06:29 PM
Community / School Information