Investment Overview
Asset CRG Advisors, LLC, has been exclusively retained to market 3605 Church Ave, a one-story retail building in the East Flatbush neighborhood of Brooklyn. The property sits on a 2,790 SF lot improved with a 1,920 SF masonry building, currently configured with one commercial unit occupied by Cultcha Palace on a month-to-month lease.
Zoned R5, the property allows approximately 4,185 SF of buildable area, offering future redevelopment potential. Located within a designated Opportunity Zone, providing potential tax advantages for qualifying investors, subject to applicable requirements.
Investment Highlights
- One-story retail building in the East Flatbush neighborhood of Brooklyn.
- Property sits on a 2,790 SF lot with a 1,920 SF masonry building, currently configured with one commercial unit.
- Currently occupied by Cultcha Palace on a month-to-month lease.
- Zoned R5, allowing approximately 4,185 SF of buildable area.
- Located within a designated Opportunity Zone, providing potential tax advantages for qualifying investors, subject to applicable requirements.
- Situated within a short walk of the Church Avenue subway station, providing direct access to the 2 and 5 trains.