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Executive Summary

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.

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Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,700 SF
Building Class
B
Year Built/Renovated
1931/2025
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,900 SF
Building FAR
1.99
Lot Size
0.17 AC
Zoning
R5, C1-2 - R5 / C1-2 zoning; Qualifying Residential Site (QRS) with up to 2.5 FAR.

Amenities

  • Concierge
  • Kitchen
  • Central Heating
  • High Ceilings
  • Wi-Fi
  • Hardwood Floors
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Artisan Podiatry
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Ekwunise Pharmacy
  • Transportation and Warehousing
  • -
  • -
  • -
  • Triboro Chiropractic, Pc
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -

Exer Urgent Care was established in 2012 in Southern California. The company operates numerous clinics providing immediate care for non-emergency medical needs. Services include treatment for minor injuries, illnesses, and vaccinations, with on-site x-ray and lab facilities available. Exer partners with local hospitals to facilitate referrals when needed and participates in clinical research studies. The clinics maintain extended weekday and weekend hours for patient convenience.

Tenant Industry SF Occupied Rent/SF Lease End
Artisan Podiatry Health Care and Social Assistance - - -
Ekwunise Pharmacy Transportation and Warehousing - - -
Triboro Chiropractic, Pc Health Care and Social Assistance - - -
Health Care and Social Assistance - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • Lower Level
  • 4,500 SF
  • Retail
  • Full Build-Out
  • Now

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.

  • 1st Floor
  • 5,700 SF
  • Retail
  • Full Build-Out
  • Now

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.

  • 2nd Floor
  • 4,500 SF
  • Retail
  • Full Build-Out
  • Now

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.

Space Size Space Use Build-Out Available
Lower Level 4,500 SF Retail Full Build-Out Now
1st Floor 5,700 SF Retail Full Build-Out Now
2nd Floor 4,500 SF Retail Full Build-Out Now

Lower Level

Size
4,500 SF
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

1st Floor

Size
5,700 SF
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

2nd Floor

Size
4,500 SF
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

Lower Level

Size 4,500 SF
Space Use Retail
Build-Out Full Build-Out
Available Now

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.

1st Floor

Size 5,700 SF
Space Use Retail
Build-Out Full Build-Out
Available Now

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.

2nd Floor

Size 4,500 SF
Space Use Retail
Build-Out Full Build-Out
Available Now

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.

Exceptionally walkable
100/100
Challenging for drivers
10/100
Exceptional public transit
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
04678-0044
Land Assessment
$103,476 CAD
Improvements Assessment
$1,027,369 CAD
Total Assessment
$1,130,845 CAD
  • Listing ID: 39255876

  • Date on Market: 2026-01-29

  • Last Updated:

  • Address: 5205-5207 Church Ave, Brooklyn, NY 11203

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