Financial
Distress signals
Property profile

5215 Church Ave Brooklyn, NY 11203

FOR SALE
Other investment properties
Property ID
US63-0873011
2,698 SF 0.04 ac lot Built 1931
Last sale Jan 2025 · $620,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

5215 Church Avenue is a vacant two-story commercial building in East Flatbush, Brooklyn, with approximately 19 feet of frontage on Church Avenue. The property comprises about 2,698 square feet across two levels, plus a full basement and a rear yard. It is zoned R5/C1-2, supporting uses such as office, medical practice, wellness and fitness/gym, educational facility, and retail storefront, with potential for reactivation as a daycare. The building was previously used as a daycare and is

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$20k
Tax billed · 2024
Assessed value$190k
Assessed land$23k
Assessed improvement$167k
Effective rate10.59%

Value estimate

· Sep 2026
$605k
$545k – $666k
AI approach$515k
Sales comparison$407k
NOI build-up
Gross scheduled income$117k
Vacancy & credit loss−$27k
Operating expenses−$22k
NOI · 5.85% cap applied$67k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$294/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$202 – $399
Qualifying comparables19

Cap rate analysis

How does the asset earn?
5.85%
$67k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R5
This district is designed to permits moderate density residential neighborhoods with a mix of housing types except zero lot line buildings
General categoryRESIDENTIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency121.6
Law Firm119.5
Parking Facility36.3

Location

5215 Church Ave Brooklyn, NY 11203
County assessor Recorded deeds · 4 transfers 19 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4112 Ave D, Brooklyn, NY 11203-5706 $1,075,000 Jan 2026 2,660 SF
3518 Church, Brooklyn, NY 11203-2804 $1,150,000 Feb 2024 2,560 SF
5702 Kings, Brooklyn, NY 11203 $1,800,000 Dec 2023 2,530 SF
5016 Ave D, Brooklyn, NY 11203-5906 $985,000 Nov 2023 2,640 SF
4304 Ave D, Brooklyn, NY 11203-5724 $925,000 Nov 2023 2,880 SF
5316 Church, Brooklyn, NY 11203-3609 $915,000 Nov 2023 2,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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