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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4822 Church Avenue
4822 Church Avenue, Brooklyn, NY 11203
- Mixed Use
- Retail / Residential
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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.
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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
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