Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
5203-5207 Church Avenue
Interested in this property?
Active For Sale Mixed Use

$4,500,000

$306 per sq ft

5203-5207 Church Avenue

East Flatbush, Brooklyn

MLS® #RLS20076278

RLS at REBNY

Listing by Compass

Studio

0

Bath

14,700

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Living Area 14,700 sq ft
Lot Size 5,600 sq ft
Year Built 1931
Ownership None
HOA/Common Charges $4,837/mo
Property Taxes $89,292/yr
Neighborhood East Flatbush
Floor 1 of 3

Property Highlights

  • Character: Pre-war building (1931)

Property Details

Type Mixed Use
Ownership None
Baths 0 Full
Floor 1 of 3
Pets Yes
Year Built 1931
Living Area 14,700 sq ft
Structure Type MixedUse
Furnished Unfurnished
Lot Size 5,600 sq ft
Block/Lot 04678/0044

Description

Set within one of Flatbush’s established commercial areas, 5203–5207 Church Avenue, an approximately 15,000 SF (~10,000 SF above grade) commercial property situated along one of Flatbush’s predominant retail corridors. The property can be delivered vacant, offering a compelling opportunity for an end-user or for repositioning or redevelopment by an investor. The building is currently configured with retail and medical tenants and features 10’+ ceiling heights and elevator access throughout, allowing for a highly usable and customizable layout. Notably, a credit-worthy second-floor tenant is paying approximately $13,500 per month, enabling an owner-user to occupy the remaining space while offsetting carrying costs, or allowing an investor to retain that income while repositioning the balance of the building with market-rate tenants. From a development perspective, the property is located within a Qualifying Residential Site (QRS), which allows for a mixed-use FAR of up to 2.5, translating to approximately 14,000 buildable square feet. This provides meaningful long-term optionality while maintaining current income in the interim.

Features & Amenities

Interior Features

See Remarks

Building Amenities

Elevators

Building Information

Total Units 1
Stories 3
Structure MixedUse

Financial Details

Common Charges $4,837/mo
RE Taxes $89,292/yr ($7,441/mo)

East Flatbush offers a unique residential experience with a blend of urban convenience and local charm. The real estate market provides a variety of options for buyers seeking space, value, and a strong sense of community in one of New York City's evolving neighborhoods.

East Flatbush Live Market Data

View Neighborhood

Active Listings

24

Median Asking Price

$480K

Median $/Sqft

$463

Avg Days on Market

N/A

New This Week

1

Price Reduced

8%

Sold (30 Days)

8

Median Sale Price

$610K

Live data from RLS at REBNY • Updated 3/10/26, 8:09 PM EST

Similar Listings in East Flatbush

View All

Location

Loading map...

5203-5207 Church Avenue, East Flatbush, Kings County

MLS® ID: RLS20076278
First Listed: 3/10/2026
On Market: 1/29/2026
Price Changed: 3/10/2026
Contract Date: 1/27/2026

Listing Courtesy of Compass - Nathan M Horne

Listing Contact: (706) 255-5657

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/11/2026 at 12:09 AM UTC

Buying in NYC? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing — the full comparison.

Read article

Pre-Approval Strategy for NYC Buyers

How to get pre-approved and budget for all NYC purchase costs.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized — what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article
Call Text Email