5904 Foster Ave - Warehouse FOR SALE


Brooklyn, NY 11234- East Flatbush
$3,500,000 USD
718-840-2002
5904 Foster Ave, Brooklyn, NY for Sale
$3,500,000 USD
Warehouse - FOR SALE
1/3
null | Request Cap Rate

NEW


5904 Foster Ave
Brooklyn, NY 11234
East Flatbush


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$486 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

UTILITIES

Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.28

LAND SF

12,005

ZONING

R5 Infill

APN/PARCEL ID

07955-0001

ASK ABOUT THIS PROPERTY

John MazurekDouglas EllimanMore Info
718-840-2002

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John MazurekDouglas EllimanMore Info
718-840-2002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.