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Mixed-Use Retail and Residential Building
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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 Market9

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
Listed By: Tony Jacques
Source: Moodyscre
Added: Jul 24 Changed: Jul 29 Last Checked: Jul 31 at 1:43PM

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

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.

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 For Apartment 5plus

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 $351.7k $56.64
− Vacancy −$7.0k −$1.13
EGI $344.7k $55.51
− OpEx −$155.1k −$24.98
NOI $189.6k $30.53
6,210 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

Alternative Uses

Best Use
Retail
$4.25M
$3.72M – $4.96M (±1% cap)
NOI $297,798 @ 7.0% cap · market cap 13.54%
Second Best
Mixed Use
$3.22M
$2.82M – $3.76M (±1% cap)
NOI $225,423 @ 7.0% cap · market cap 10.25%
Theoretical Best
Specialty Retail
$5.14M
$4.50M – $6.00M (±1% cap)
NOI $359,932 @ 7.0% cap · market cap 16.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,058
Businesses Nearby

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

Properties on Market for Mixed-use properties in Brooklyn

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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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
(718) 570-7824 Call to check price and availability
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