The Real Deal New York

Flatbush Presbyterian Church hits the market as development site

Ditmas Park property offers up to 28,920 sf of development rights
November 27, 2018 11:00AM

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