Flatbush Presbyterian Church hits the market as development site

Ditmas Park property offers up to 28,920 sf of development rights

New York /
Nov.November 27, 2018 11:00 AM

Flatbush Presbyterian Church at 494 East 23rd Street in Brooklyn (Credit: Google Maps)

Another New York church is up for sale and being marketed as a possible development site.

An aerial of Flatbush Presbyterian Church (Credit: Google Maps)

The Flatbush Presbyterian Church at 494 East 23rd Street in Ditmas Park is now on the market, according to Bklyner. The church is currently using about 3,400 square feet of land for its building, while developers would be able to build an extra 16,000 square feet as of right on the site.

If the developers include space for a community facility, the project could be up to 28,920 square feet.

The church has said it hopes to remain on the premises, so it seems likely that it will continue the trend of churches leasing part of its space to large residential developers. The property value is assessed at slightly less than $1.2 million. Colliers International has the listing. [Bklyner] – Eddie Small


Related Articles

arrow_forward_ios
The Chetrit Group's Joseph Chetrit and Park West Village on the Upper West Side (Getty Images, Google Maps)
Chetrit, Stellar land $365M refi for UWS luxury apartment complex
Chetrit, Stellar land $365M refi for UWS luxury apartment complex
Bruce Teitelbaum, 106 West 145th Street and Al Sharpton (Getty, Google Maps)
Teitelbaum slaps Sharpton with legal notice at Harlem HQ
Teitelbaum slaps Sharpton with legal notice at Harlem HQ
Jack Resnick & Sons president Jonathan Resnick and 250 Hudson Street (Getty Images, Google Maps)
PR giant Edelman renews massive space at Resnick’s 250 Hudson Street
PR giant Edelman renews massive space at Resnick’s 250 Hudson Street
Letitia James  with 18-36 Columbus Avenue (Getty, Loopnet)
Rockland County “fraudster” banned from real estate
Rockland County “fraudster” banned from real estate
(Illustration by Kevin Rebong for The Real Deal with Getty)
Cannabis goes legit: Real estate sees green in budding industry
Cannabis goes legit: Real estate sees green in budding industry
 SL Green’s Marc Holliday with 450 Park Avenue  (Taconic Partners, SL Green)
TRD Pro: Here are NYC’s biggest offices sales of Q2
TRD Pro: Here are NYC’s biggest offices sales of Q2
Sen. Mitt Romney and Sen. Kyrsten Sinema (Getty)
Developers, rejoice: Carried-interest loophole is saved again
Developers, rejoice: Carried-interest loophole is saved again
From left: Jeff Goldberg, CEO of Fairstead, and Will Blodgett, Founder of Tredway (Getty Images, Fairstead)
Fairstead fires back, alleges Blodgett threatened to go “torched earth”
Fairstead fires back, alleges Blodgett threatened to go “torched earth”
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...