Property summary
This exceptional 9,940 square foot mixed-use building, constructed in 1930, presents a unique investment opportunity in the vibrant Brooklyn neighborhood. The five-story structure, situated on a 5,700 square foot lot, is zoned R4 and features a convenient elevator. The ground floor boasts a full kitchen and a sizable multipurpose room, complete with a state-of-the-art sound system and stage, ideal for various events or community gatherings. The second floor houses the main assembly area, a spacious sanctuary with seating capacity, a sophisticated sound system, and a mezzanine level, perfect for a religious assembly or large-scale gatherings. The third and fourth floors within the bell tower are currently configured as office spaces, offering flexibility for diverse uses. The fifth floor also resides within the bell tower. This property benefits from its strategic location, offering easy access to a variety of restaurants and retail establishments along Fulton Street. Commuters will appreciate the property's proximity to the Van Siclen Avenue subway station (J and Z trains), a mere five-minute walk away. This is a rare chance to acquire a well-maintained, versatile property in a thriving Brooklyn location. The building's unique layout and features make it suitable for a variety of uses, presenting significant potential for future development and income generation. This bankruptcy sale offers a compelling opportunity for investors seeking a high-return property in a prime location.
Property profile
VerifiedCap rate & NOI
Current use
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Church
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Church
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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