4822 Church Avenue

For Sale$1,395,000

4822 Church Avenue, Brooklyn, NY 11203

  • Mixed Use
  • Retail / Residential

4822 Church Avenue, Brooklyn, NY 11203 - Mixed Use Space

4822 Church Avenue is located at 4822 Church Avenue in the East Flatbush neighborhood, NY, Brooklyn, 11203. The Mixed Use building features a total of 3,360 Sqft.

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Details

  • Sale Price $1,395,000
  • City Brooklyn
  • Neighborhood East Flatbush
  • Zip Code 11203
  • Market Brooklyn
  • Property Type Mixed Use - Retail / Residential
  • Property Size 3,360 Sqft
  • Lot Size 2,036 Sqft
  • Property Tenancy Multi-Tenant
  • Date Updated 20 Jul, 2020
  • Website www.concourserealtypartners.com

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

Gross Income: $110,016

Net Income: $84,734

Cap Rate: 6.07%

two-story mixed-use building

two, fully- renovated apartments and one-vacant apartment

commercial tenant is currently in year 3 of a 5 year lease with 3% annual escalations 

- commercial tenant pays 25% of the properties real estate taxes

 

FREQUENTLY ASKED QUESTIONS

What is the lease rate for 4822 Church Avenue?

Rental asking rate at 4822 Church Avenue is $1,395,000 per square foot.

What is the total square footage of 4822 Church Avenue?

4822 Church Avenue totals 3,360 square feet.

East Flatbush Demographics

The average household income in zip code 11203 is $71,976, from a total of 28,276 households. In terms of employment, there are 81.89 % white-collar and 18.11 % blue-collar jobs in zip code 11203.

Population

  • Total Population108,786
  • Male Population(44.0 %) 47,896
  • Female Population(56.0 %) 60,890
  • Median Age38.00

Income/Financial

  • Average Household Income$66,639
  • Median Household Income$61,921
  • Median Income Under 25$34,856
  • Median Income 25-44$60,654
  • Median Income 45-64$70,404
  • Median Income Over 65$46,185

Commercial Broker Register now to add listings

Edward Gevinski

Concourse Realty Partners

(212) 207-4307

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