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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2255 Church Ave Brooklyn, NY 11226

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-4383480
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Cut Lounge Pro / Barber Shop
    • Lily's Beauty Studio / Beautician
    • Hair by Carla / Hair Salon
    • Bk's Finest Haircutters,inc. / Barber Shop

    Property Details for 2255 Church Ave

    Property type
    Commercial real estate

    Description

    This exceptional mixed-use building in Brooklyn, NY, presents a compelling investment opportunity. Located at 2255 Church Ave, in the heart of Flatbush, this property boasts a prime location at the crossroads of Flatbush Ave and Bedford Ave, ensuring high foot traffic and proximity to numerous amenities. The building features a ground floor retail storefront currently generating $5,346 per month in rental income. Upstairs, two spacious 3-bedroom apartments provide additional income streams, with one generating $2,845 monthly and the other $2,800. The total building area is 4,273 square feet, situated on an irregular lot measuring 19.5' x 114.25'. The building itself measures 19.5' x 52', with a 20-foot extension on the first floor. The C4-4A zoning allows for a variety of commercial uses, enhancing the property's versatility and future potential. This property offers a blend of residential and commercial income, making it an ideal investment in a thriving neighborhood with excellent access to public transportation. The asking price is $1,499,999. Don't miss this chance to acquire a lucrative mixed-use property in a rapidly developing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    36047
    State
    New York
    Longitude
    -73.9570152
    Latitude
    40.6507431

    Comparable in this City

    • $4,000,000
      2,750 SF

      Brooklyn Prime Office Investment

      High-yield, fully vacant 10-unit building.
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    • $1,200,000
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      Vacant Mixed-Use Brooklyn Opportunity

      Fully vacant mixed-use building with two apartments and one commercial store.
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    • $6,399,999
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      Prime Brooklyn Multifamily Investment

      14-Unit Apartment Building, High Occupancy
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    • $950,000

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    • $1,599,995

      Prime Brooklyn 2-Family Investment

      Renovated, 10-Bedroom Multifamily Home
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    • $1,100,000
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      Brooklyn Mixed-Use Brick Building

      Mixed-use property in Flatbush, Brooklyn, suitable for residence and commercial.
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    Similar Nearby for Sale

    • $4,000,000
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      Brooklyn Prime Office Investment

      High-yield, fully vacant 10-unit building.
      1193 Rogers Ave, Brooklyn, NY 11226
      View Details
    • $1,200,000
      3,420 SF

      Vacant Mixed-Use Brooklyn Opportunity

      Fully vacant mixed-use building with two apartments and one commercial store.
      950 Rogers Ave, Brooklyn, NY 11226
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    • $6,399,999
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      Prime Brooklyn Multifamily Investment

      14-Unit Apartment Building, High Occupancy
      51-55 Veronica Pl, Brooklyn, NY 11226
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    • $950,000

      Prime Brooklyn Development Land

      6-Unit Residential Opportunity, Approved Plans
      316 26Th St, Brooklyn, NY 11226
      View Details
    • $1,599,995

      Prime Brooklyn 2-Family Investment

      Renovated, 10-Bedroom Multifamily Home
      397 Marlborough Rd, Brooklyn, NY 11226
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    • $1,100,000
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      Brooklyn Mixed-Use Brick Building

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    Similar Nearby for Lease

    • $45 SF/Yr
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      Prime Brooklyn Office Space

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    • Contact for pricing
      180,000 SF

      Prime Bedford Ave Redevelopment Opportunity

      180,000 SF Retail/Office Space, 4 Suites Available
      2360 Bedford Ave, Brooklyn, NY 11226
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    • $35 SF/Yr
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      Brooklyn Office Space Near Prospect

      Located near Prospect Park, prime Brooklyn location for rent.
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      Prime Brooklyn location with high visibility and foot traffic.
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    • $69,600
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      Church Ave Executive Office Suite

      Prime Kings County Office Space Available
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      858 SF

      Brooklyn Office Space for Lease

      Office space available near transportation in Brooklyn.
      2000-2014 Church Ave, Brooklyn, NY 11226
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    2255 Church Ave
    Brooklyn, NY 11226
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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