5203-5207 Church Avenue
MLS® #RLS20076278
Listing by Compass
Studio
0
Bath
14,700
Sq. Ft.
1931
Year Built
Quick Summary
Property Highlights
- Character: Pre-war building (1931)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jan 29, 2026 | $4,500,000 | - |
| Currently | May 5, 2026 | $4,500,000 | - |
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
Building Amenities
Building Information
Financial Details
About East Flatbush
View All East Flatbush ListingsEast Flatbush is a largely residential Brooklyn neighborhood characterized by tree-lined streets and rows of early 20th-century brick homes, including single-family houses, semi-detached two-families, and small apartment buildings. The 2 and 5 trains serve the area at Church Avenue, Beverly Road, and Newkirk Avenue stations, connecting residents to Downtown Brooklyn and Manhattan. Lincoln Terrace Park provides recreational space along the neighborhood's northern edge.
East Flatbush Live Market Data
View NeighborhoodActive Listings
30
Median Asking Price
$603K
Median $/Sqft
$520
Avg Days on Market
N/A
New This Week
2
Price Reduced
17%
Sold (30 Days)
2
Median Sale Price
$555K
Live data from RLS at REBNY • Updated 5/5/26, 7:54 PM EST
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Location
5203-5207 Church Avenue, East Flatbush, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $4,837 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $89,292, or roughly $7,441 per month. Verify the current assessment with your attorney before closing.
This property has 0 bedrooms and 0 full bathrooms.
The listed interior living area is 14,700 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1931, making it approximately 95 years old.
This listing is None
Pet policy requires confirmation with the listing broker.
At the current list price of $4,500,000 for 14,700 sq ft, the asking price per square foot is approximately $306. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing 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.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 5/5/2026 at 11:54 PM UTC