3605 CHURCH AVE Brooklyn, NY 11203
Single-story commercial building with versatile potential in East Flatbush.
- Added:
- May 14, 2026
- Days on Market:
- 59
- Last Refresh:
- Jul 5 at 4:09 am
Property Features for 3605 CHURCH AVE
General Information
- Standard status
- Active
- Size
- 1,920 SF
- Property subtype
- Retail, Industrial
Building Details
- Year Built
- 1925
Listing office Brooklyn Vertical
Listing date May 14, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Key Highlights
- Versatile K1 commercial retail building suitable for retail, office, light industrial, house of worship, storage, or restaurant/bar.
- Liquor license in place (subject to verification).
- Large open interior space with 13‑foot ceilings.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.9k | $43.20 |
| − Vacancy | −$19.1k | −$9.94 |
| EGI | $63.9k | $33.26 |
| − OpEx | −$16.0k | −$8.32 |
| NOI | $47.9k | $24.95 |