--- title: "5203-5207 Church Avenue, New York City, NY 11203" description: "5203-5207 Church Avenue, New York City, NY 11203 — East Flatbush, New York City, NY. Listing Price $4,450,000. Studio bed, 14,700 sqft Illustrative Buyer Commission Share of $66,750 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11203/5203-5207-church-avenue-ny-11203" source: "Real Estate Rebate Team" status: "Active" --- # 5203-5207 Church Avenue, New York City, NY 11203 East Flatbush, New York City, NY Courtesy of Compass ## At a Glance - **Listing Price**: $4,450,000 - **Beds**: Studio - **Baths**: 0 - **Sqft**: 14,700 - **Common Charges**: $4,837 / mo - **Monthly Taxes**: $7,441 / mo - **Price per Sqft**: $303 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $4,450,000 - **Illustrative Buyer Commission Share**: -$66,750* - **Illustrative Net Cost**: $4,383,250 *Illustrative Buyer Savings of $66,750 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![5203-5207 Church Avenue, New York City, NY 11203 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/db8d7200-30ba-4b96-9368-dec7239ae4e1.jpg) ![5203-5207 Church Avenue, New York City, NY 11203 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f9e07a46-5e59-4178-acb4-1c406c84229e.png) ![5203-5207 Church Avenue, New York City, NY 11203 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b3970dfe-ebb7-40f9-a178-adca8a43057f.jpg) ![5203-5207 Church Avenue, New York City, NY 11203 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ff12c6de-75a0-4392-9770-837b99c3865f.jpg) ![5203-5207 Church Avenue, New York City, NY 11203 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d115fc4d-7a79-47a4-bbe4-7960813d2f0f.jpg) ![5203-5207 Church Avenue, New York City, NY 11203 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/95ab65ad-d478-473e-b86f-d6fa9cd7816d.jpg) ![5203-5207 Church Avenue, New York City, NY 11203 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d4c957b6-ab6b-470f-bd4b-c350427af838.jpg) ![5203-5207 Church Avenue, New York City, NY 11203 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d3ca47a6-12ee-4f81-a807-bbe3a44d78c1.png) ![5203-5207 Church Avenue, New York City, NY 11203 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fc9b3f97-b7a9-49e2-94a9-8d779285c734.jpg) ![5203-5207 Church Avenue, New York City, NY 11203 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9528c3f7-a1ed-48a3-b8c3-9f14114c55ef.jpg) ## Property Overview Set within one of Flatbush’s established commercial areas, 5203–5207 Church Avenue, an approximately 15,000 SF (~10,000 SF above grade) commercial property situated along one of Flatbush’s predominant retail corridors. The property can be delivered vacant, offering a compelling opportunity for an end-user or for repositioning or redevelopment by an investor. The building is currently configured with retail and medical tenants and features 10’+ ceiling heights and elevator access throughout, allowing for a highly usable and customizable layout. Notably, a credit-worthy second-floor tenant is paying approximately $13,500 per month, enabling an owner-user to occupy the remaining space while offsetting carrying costs, or allowing an investor to retain that income while repositioning the balance of the building with market-rate tenants. From a development perspective, the property is located within a Qualifying Residential Site (QRS), which allows for a mixed-use FAR of up to 2.5, translating to approximately 14,000 buildable square feet. This provides meaningful long-term optionality while maintaining current income in the interim. ## Property Details - **Property Type**: Mixed Use - **Sqft**: 14,700 sqft - **Stories**: 3 - **Year Built**: 1931 - **Price per Sqft**: $303 - **Common Charges**: $4,837 / Monthly - **Monthly Taxes**: $7,441 / mo - **Listed On**: Jan 29, 2026 - **Days on Market**: 226 Days ### Residence Features - See Remarks ## Price and Property History for 5203-5207 Church Avenue Review the recorded listing activity for 5203-5207 Church Avenue, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $350,000, or 7.3%, on July 10, 2026 - **Originally listed**: January 27, 2026 at $4,500,000 - **Current asking price**: $4,450,000 | Date | Price | Listing event | | --- | --- | --- | | July 10, 2026 | $4,450,000 | Asking price reduced by $350,000, or 7.3% | | January 27, 2026 | $4,500,000 | Listed for sale by Compass | ## Property Tax History Taxes at 5203-5207 Church Avenue were $91,947 in 2026, up 3.4% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $967,050 | $75,600 | $891,450 | $854,370 | $91,947 | 10.762% (estimated) | | 2025 (FY 2025/26) | $826,200 | $75,600 | $750,600 | $826,200 | $88,916 | 10.762% (estimated) | | 2024 (FY 2024/25) | $912,600 | $75,600 | $837,000 | $912,600 | $98,214 | 10.762% | | 2023 (FY 2023/24) | $783,000 | $75,600 | $707,400 | $783,000 | $82,935 | 10.592% | | 2022 (FY 2022/23) | $783,000 | $75,600 | $707,400 | $783,000 | $83,358 | 10.646% | | 2021 (FY 2021/22) | $516,600 | $49,950 | $466,650 | $516,600 | $55,560 | 10.755% | | 2020 (FY 2020/21) | $673,650 | $49,950 | $623,700 | $612,990 | $65,553 | 10.694% | | 2019 (FY 2019/20) | $621,450 | $49,950 | $571,500 | $621,450 | $65,482 | 10.537% | | 2018 (FY 2018/19) | $599,850 | $49,950 | $549,900 | $737,280 | $77,518 | 10.514% | | 2017 (FY 2017/18) | $605,700 | $49,950 | $555,750 | $813,027 | $85,482 | 10.514% | | 2016 (FY 2016/17) | $564,300 | $49,950 | $514,350 | $879,173 | $92,964 | 10.574% | | 2015 (FY 2015/16) | $972,450 | $49,950 | $922,500 | $1,055,663 | $112,491 | 10.656% | | 2014 (FY 2014/15) | $944,100 | $49,950 | $894,150 | $921,113 | $98,412 | 10.684% | | 2013 (FY 2013/14) | $978,569 | $49,950 | $928,619 | $831,293 | $85,814 | 10.323% | | 2012 (FY 2012/13) | $936,450 | $49,950 | $886,500 | $743,580 | $76,500 | 10.288% | | 2011 (FY 2011/12) | $1,446,750 | $49,950 | $1,396,800 | $709,290 | $72,007 | 10.152% | | 2010 (FY 2010/11) | $299,700 | $49,950 | $249,750 | $447,660 | $46,163 | 10.312% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3046780044. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 5203-5207 Church Avenue 5203-5207 Church Avenue, Brooklyn, NY 11203 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1931 - **Total Units**: 1 - **Floors**: 3 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/5203-5207-church-avenue) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11203/5203-5207-church-avenue-ny-11203) | Studio | 0 | 14,700 sqft | $303 | $4,450,000 (-7.3%) | Compass | Jan 29, 2026 | 226 days | ## Estimated Monthly Payment **$34,780 / month**, assuming a 20% down payment ($890,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $22,502 - **Property Taxes**: $7,441 - **Common Charges**: $4,837 Estimates only. Actual payments may vary. Confirm terms with your lender. ## East Flatbush Overview of East Flatbush [Explore East Flatbush](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/east-flatbush) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby East Flatbush - [Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatbush) - [Flatlands real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatlands) - [Brownsville real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brownsville) - [Crown Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights) - [Canarsie real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/canarsie) ## Related Links - [5203-5207 Church Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/5203-5207-church-avenue) - [East Flatbush neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/east-flatbush) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.