Mixed-Use Retail and Residential
For Sale
Contact for pricing
4801-4803 Church Ave, Brooklyn, NY 11203
Brick three-story mixed-use building with four ground-floor storefronts and upper-floor four-family residential units.
Property Size6,210 SF
Price / SF$354.27
Days on Market102
Property Features for 4801-4803 Church Ave
General Information
Standard status
Active
Size
6,210 SF
Property subtype
RETAIL
Building Details
Buildings
1
Stories
3
Construction
brick
Tenancy
Multi
Listing Agency:
CENTURY 21 Achievers
(718) 758-0600
Listed By:
Tony Jacques
(718) 570-7824
Source:
Moodyscre
Added: Jul 24
Changed: Oct 25
Last Checked: Nov 1 at 6:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Achievers
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This brick three-story mixed-use building includes upper-floor residential space configured as four-family housing, along with four income-generating storefronts on the ground level. The property is described as meticulously maintained and positioned for mixed-use income from both residential and retail components.
Located at 4801–4803 Church Avenue in Brooklyn, the building sits in an active commercial corridor. The offering notes access to public transportation, with nearby retail shops and neighborhood amenities supporting ongoing tenant demand.
The asset totals nine residential bedrooms across its upper floors and features four ground-floor storefronts, creating a straightforward residential-and-retail income profile within a single property.
Located at 4801–4803 Church Avenue in Brooklyn, the building sits in an active commercial corridor. The offering notes access to public transportation, with nearby retail shops and neighborhood amenities supporting ongoing tenant demand.
The asset totals nine residential bedrooms across its upper floors and features four ground-floor storefronts, creating a straightforward residential-and-retail income profile within a single property.
Key Highlights
- Brick, three‑story mixed‑use building at 4801 Church Avenue in East Flatbush
- 4 ground‑floor storefronts with income‑generating commercial space
- Upper floors feature 4‑family residential setup with 9 total residential bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$189,585
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,791,700
$3.8M
Cap Rate 7%
$2,708,357
$2.7M
Cap Rate 9%
$2,106,500
$2.1M
Market Conditions
NOI Build-Up for 6,210 SF
Gross rent
$351.7K $56.64/SF
− Vacancy
−$7.0K −$1.13/SF
EGI
$344.7K $55.51/SF
− OpEx
−$155.1K −$24.98/SF
NOI
$189.6K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,791,700
Cap Rate 7%
$2,708,357
Cap Rate 9%
$2,106,500
Alternative Uses
Best Use
Retail
$4.25M
$3.72M – $4.96M
NOI $297,798 @ 7.0% cap · market cap 13.54%
Second Best
Mixed Use
$3.22M
$2.82M – $3.76M
NOI $225,423 @ 7.0% cap · market cap 10.25%
Theoretical Best
Specialty Retail
$5.14M
$4.50M – $6.00M
NOI $359,932 @ 7.0% cap · market cap 16.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,058
Businesses Nearby
Explore this area
Business Placement
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick three-story mixed-use building with four ground-floor storefronts and upper-floor four-family residential units.
Where is this mixed-use property located?
The property is located at 4801-4803 Church Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Brick, three‑story mixed‑use building at 4801 Church Avenue in East Flatbush; 4 ground‑floor storefronts with income‑generating commercial space; Upper floors feature 4‑family residential setup with 9 total residential bedrooms
