2281 Church Ave Brooklyn, NY 11226

AUCTION SALE DETAILS Date of Auction: August 25, 2026 @ 1:00 p.m. (EST) Location: Online: via Zoom (only those who qualify to bid will receive a link to bid at the Auction Sale) Bid Deadline: August 21, 2026 @ 11:59 p.m. (EST) Minimum Bid: $4,600,000 Required Deposit: $460,000 wire transfer to the Trustee from an account of offeror or counsel on offerors behalf Bid Qualifications: By the Bid Deadline defined above, each prospective bidder must execute and deliver to the Trustee or her professionals the Competing Terms and Conditions of Sale with a bid of not less than $4,600,000 and tender the Required Deposit as defined above. 2281 Church Avenue is a two (2) story mixed-use property situated on a +/-6,392 SF corner lot in the Flatbush section of Brooklyn, NY. Currently improved by a total of +/-12,000 leasable area that is is evenly distributed over two (2) stories. A total of seven (7) retail stores encompass the ground floor and one (1) unit defines the entire 2nd floor. A full basement with 11' clearance in the ceiling offers additional leasing flexibility, opportunity, and income potential. Being on a corner lot in a prime retail corridor makes it extremely attractive for future redevelopment. The designated C4-4A / R7A zoning suggests a redevelopment opportunity for an additional +/-13,700 SF of GLA. Further redevelopment opportunities of +/-50,0000 SF may present itself with an acquisition of the air rights from the neighboring Church or Post Office. Property Overview Corner Lot: 63.92' X 100' or 6,288 SF Total SF: +/- 11,828 SF Retail: Seven (7) Total Units on the Ground Floor Office: One (1) Total Unit on the 2nd Floor Zoning: C4-4A / R7A Max FAR (Floor Area Ratio): 4 Max Buildable Area: +/-25,000 SF All Units Separately Metered for Electric & Gas Oil Heat (1,500 gl. Above Ground Tank) Block & Lot: 05089-0048 Tenancy Status The building is currently occupied with the exception of one (1) retail unit on the Bedford Avenue side of the building. Inspections / Showings By Appointment Only. Since the property is occupied we ask that you do not disturb the tenants/occupants. Basic TERMS The seller of this property is a Chapter 7 bankruptcy trustee. This is a non-contingent sale of real property and said real property will be sold in "as-is, where-is" condition but free and clear of any and all liens, claims and encumbrances. Any sale will be subject to Bankruptcy Court approval. DISCLAIMER All information provided by MYC & Associates, Inc. is from public documents or third-party sources, is not guaranteed and should be independently verified. The information herein is subject to errors and omissions. The subject real property herein may be sold or withdrawn from the market without notice. MYC & Associates, Inc. does not represent or warrant the accuracy, authenticity, or completeness of any information and is not liable for any reliance thereon.