Tí a bá wà nínú ẹkùn tita kan tí a ti dá sílẹ̀, 5203–5207 Church Avenue, ìní tita tó jẹ́ 15,000 SF (~10,000 SF lókè ilẹ̀) tí ó wà lẹ́bẹ̀ àwọn ilẹ̀ tita pọn dọgba ni Flatbush. A lè fi ìní yìí tó wa láì ní ẹnikẹ́ni inú rẹ, tó ń fúnni ní àǹfààní tó lágbára fún olùlùmọ̀ tàbí láti tún ṣe àtúnṣe tàbí ìdàgbàsókè nípasẹ̀ olùfí ẹ̀yà.

Ilé naa ti ṣètò pẹ̀lú àwọn alágbàṣà tita àti ìṣègùn, ó ní gígùn wáhálà 10’+ àti àwọ̀n àwọ̀n ọkọ̀ àgbáyé ní gbogbo ibòmíràn, tó ń jẹ́ kí àtẹ̀jáde ṣí í ṣe pẹ̀lú amúṣẹ iṣẹ́ tí a lè yí padà. Níkẹyìn, alágbàṣà tó ní owó gidi lórí Ilé Kejì ń san owó tó fẹrẹ́ to $13,500 ní oṣù, tó ń jẹ́ kí olùlùmọ̀ le gba ibi to kù, nígbà tó ń dènà iná owó, tàbí kí olùfí ẹ̀yà le pa iná owó yẹn mọ́ nígbà tó ń tún yi ayé ilé naa padà pẹ̀lú àwọn alágbàṣà tita to bá a mu.

Láti ìran àgbègbè, ìní náà wà nínú ibi ìdárayá tó yẹ (QRS), tí ó jẹ́ kí a lè ni àǹfààní FAR ti a ṣe àtinúdá tó pé 2.5, tó túmọ̀ sí fẹrẹ́ to 14,000 square feet ti a lè kọ́. Èyí ń fúnni ní àǹfààní tó ṣe kókó fún àkókò pipẹ, nígbà tí a bá ń pa owó lọwọlọwọ mọ́.

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.