Retail Development Opportunity 2210 Church Avenue ... - Agorafy
Commercial - Retail Development Opportunity 2210 Church Avenue Brooklyn, NY 11226 Location:
The south side of Church Avenue between Flatbush and Bedford Avenues
Block / Lot:
5103 / 32
Lot Dimensions: Lot Size:
49.67' x 130.5' 6,482
(approx.) (approx.)
Total Building S.F.:
11,200
(approx.)
Zoning: Total Buildable SF:
C4-4A (R7A equivalent) 25,928
Tax Assessment (12/13): R.E. Taxes (12/13):
$ $
343,800 35,490
Property Description: The subject property is an approximately 11,200 square foot commercial building, built almost full on the ground floor, with 50 feet of frontage on Church Avenue. The entire property can be delivered vacant upon a sale. The property is located just off the corner of Flatbush Avenue, in one of the neighborhood’s most prime retail corridors. The property is entirely surrounded by national retailers that include Chase Bank, Citibank, Modell’s, McDonald’s, Retro Fitness, Bank of America, AT&T, Walgreens, Rite Aid Pharmacy, and countless others. The property also abuts Erasmus Hall High School, which empties out hundreds of students on a daily basis in front of this building. The property benefits from a C4-4A/R7A zoning district, which allows a prospective purchaser the ability to develop almost 26,000 square feet of retail, commercial, or mixed-use with residential.
205 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
Reduced Asking Price: $6,750,000 $6,500,000 275 Madison Avenue, 3rd Floor 118-35 Queens Boulevard, 14th Floor New York, NY For 10016 Forest Hills, NY 11375 additional information please contact Exclusive Agent: T: 212-696-2500 / F: 212-696-0333 T: 718-275-3400 / F: 718-275-5478
Richard Velotta Director of Sales [email protected] (718) 606-7065 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.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
The south side of Church Avenue between Flatbush and Bedford Avenues
Block / Lot:
5103 / 32
Lot Dimensions: Lot Size:
49.67' x 130.5' 6,482
(approx.) (approx.)
Total Building S.F.:
11,200
(approx.)
Zoning: Total Buildable SF:
C4-4A (R7A equivalent) 25,928
Tax Assessment (12/13): R.E. Taxes (12/13):
$ $
343,800 35,490
Property Description: The subject property is an approximately 11,200 square foot commercial building, built almost full on the ground floor, with 50 feet of frontage on Church Avenue. The entire property can be delivered vacant upon a sale. The property is located just off the corner of Flatbush Avenue, in one of the neighborhood’s most prime retail corridors. The property is entirely surrounded by national retailers that include Chase Bank, Citibank, Modell’s, McDonald’s, Retro Fitness, Bank of America, AT&T, Walgreens, Rite Aid Pharmacy, and countless others. The property also abuts Erasmus Hall High School, which empties out hundreds of students on a daily basis in front of this building. The property benefits from a C4-4A/R7A zoning district, which allows a prospective purchaser the ability to develop almost 26,000 square feet of retail, commercial, or mixed-use with residential.
205 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
Reduced Asking Price: $6,750,000 $6,500,000 275 Madison Avenue, 3rd Floor 118-35 Queens Boulevard, 14th Floor New York, NY For 10016 Forest Hills, NY 11375 additional information please contact Exclusive Agent: T: 212-696-2500 / F: 212-696-0333 T: 718-275-3400 / F: 718-275-5478
Richard Velotta Director of Sales [email protected] (718) 606-7065 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.
205 Montague Street • Third Floor • Brooklyn, NY 11201 • 718.238.8999 • Fax 718.238.6091 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER
