Central Brooklyn | Prospect Lefferts Gardens
$56,000,000
2708-2718 Church Avenue, Brooklyn, NY 11226
For Sale
Mixed Use
Active
Last Updated: 08/18/2026
7.25
Cap Rate
4,048,350
NOI
Details:
Cap Rate: 7.25%
NOI: $4,048,350
Building Size: 84,837 sqft
Units: 69
Year Built: 2024
Price Per Sqft: $660
Zoning: R6, C2-3, C1-3
Floors: 6
Highlights:
- Prime Corner Mixed-Use Asset: A modern, 6-story elevator building featuring 69 residential apartments, 2 prime commercial spaces, a dedicated community facility, and 35 onsite parking spaces.
- 35-Year Tax Abatement: Benefits from a brand-new, 35-year Affordable NY Tax Abatement, offering a highly attractive revenue split of 70% free-market units and 30% affordable housing.
- Premium Amenity Package: Fully equipped with a state-of-the-art gym, dedicated bike room, virtual doorman system, recreation center, central laundry, secure storage, 35 parking spots, a scenic roof deck, and an expansive wraparound terrace.
- Prime Transit-Oriented Location: Situated on a high-traffic retail corridor in the heart of Prospect Lefferts Gardens, surrounded by a vibrant mix of shopping, dining, and local entertainment options.
- Exceptional Connectivity: Strategically located within short walking distance to the Church Avenue subway station, offering seamless access to major transit lines.
Documents:
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Location
Gallery