Prime investment opportunity in the heart of Brooklyn! This two-story commercial property offers exceptional potential for redevelopment or income generation. Key features include a 40 x 100 ft lot, 39 x 32 ft building, zoning districts R5 and C2-2 (allowing for various commercial and residential uses), and a maximum usable floor area of 4,575 sq ft (buyer to verify). The garage and parking lot are currently leased to a tire shop, providing steady rental income. The fully gutted interior is ready for customization, and a partial basement offers additional storage or workspace potential. Located in a high-traffic area with excellent visibility, this property is ideal for retail, office, mixed-use, or residential development. Buyers and agents must conduct their due diligence and consult an architect to explore all possibilities. Don’t miss this rare opportunity—contact us today for details or to schedule a private showing!
5702 Church Ave, New York, (Brooklyn), NY, 11203
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB