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5904 Foster Ave 7,200 SF Industrial Building Brooklyn, NY 11234 $4,873,995 CAD ($676.94 CAD/SF)



Executive Summary
PRIME EAST FLATBUSH DEVELOPMENT OPPORTUNITY — 5904 FOSTER AVENUE
Rare opportunity to acquire a substantial 7,200 SF existing church building situated on an approximately 123' x 138' lot in the heart of East Flatbush, Brooklyn. The existing building measures approximately 123' x 108', offering a substantial footprint and excellent flexibility for an owner-user, institutional operator, or developer.
The property is located within an R5 zoning district and presents an attractive combination of an existing large-scale building, generous lot dimensions, and future redevelopment potential. The property can be utilized for its existing/end use, while also providing an opportunity to explore expansion, adaptive reuse, or redevelopment, subject to zoning, building-code requirements, and applicable approvals.
With an approximately 123' x 108' building footprint and 123' x 138' lot, the property offers a significant physical presence and valuable site area. Potential exists to add a second story or pursue a larger redevelopment concept, subject to zoning and feasibility.
The property benefits from a prime East Flatbush location with convenient access to the 2 and 5 subway lines, providing excellent transportation connectivity throughout Brooklyn and Manhattan. The surrounding area is characterized by established residential neighborhoods, retail, services, schools, and community amenities.
PROPERTY HIGHLIGHTS
7,200 SF existing building
Approx. 123' x 108' building size
Approx. 123' x 138' total lot size
R5 zoning
Existing church/institutional use
Excellent end-user opportunity
Potential for redevelopment, expansion, or adaptive reuse
Potential to add a second story, subject to zoning and approvals
Large building footprint and substantial lot
Prime East Flatbush location
Convenient access to the 2 and 5 subway lines
Suitable for an owner-user, institutional operator, community use, or developer
5904 Foster Avenue offers a rare opportunity to acquire a large existing building on a substantial East Flatbush lot, combining immediate end-use potential with attractive long-term redevelopment and expansion possibilities.
Rare opportunity to acquire a substantial 7,200 SF existing church building situated on an approximately 123' x 138' lot in the heart of East Flatbush, Brooklyn. The existing building measures approximately 123' x 108', offering a substantial footprint and excellent flexibility for an owner-user, institutional operator, or developer.
The property is located within an R5 zoning district and presents an attractive combination of an existing large-scale building, generous lot dimensions, and future redevelopment potential. The property can be utilized for its existing/end use, while also providing an opportunity to explore expansion, adaptive reuse, or redevelopment, subject to zoning, building-code requirements, and applicable approvals.
With an approximately 123' x 108' building footprint and 123' x 138' lot, the property offers a significant physical presence and valuable site area. Potential exists to add a second story or pursue a larger redevelopment concept, subject to zoning and feasibility.
The property benefits from a prime East Flatbush location with convenient access to the 2 and 5 subway lines, providing excellent transportation connectivity throughout Brooklyn and Manhattan. The surrounding area is characterized by established residential neighborhoods, retail, services, schools, and community amenities.
PROPERTY HIGHLIGHTS
7,200 SF existing building
Approx. 123' x 108' building size
Approx. 123' x 138' total lot size
R5 zoning
Existing church/institutional use
Excellent end-user opportunity
Potential for redevelopment, expansion, or adaptive reuse
Potential to add a second story, subject to zoning and approvals
Large building footprint and substantial lot
Prime East Flatbush location
Convenient access to the 2 and 5 subway lines
Suitable for an owner-user, institutional operator, community use, or developer
5904 Foster Avenue offers a rare opportunity to acquire a large existing building on a substantial East Flatbush lot, combining immediate end-use potential with attractive long-term redevelopment and expansion possibilities.
Property Facts
Utilities
- Heating - Gas
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 07955-0001 | Improvements Assessment | $453,699 CAD |
| Land Assessment | $144,758 CAD | Total Assessment | $598,457 CAD |
Property Taxes
Parcel Number
07955-0001
Land Assessment
$144,758 CAD
Improvements Assessment
$453,699 CAD
Total Assessment
$598,457 CAD
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5904 Foster Ave
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