A high-yield private sports asset in the heart of South Brooklyn.
2875 Flatbush Avenue, Brooklyn NY
A Brooklyn Landmark, Reimagined
A 90,000 sq ft retail shell on Flatbush Avenue with extraordinary bones and unmet potential — positioned for a re-skin transformation, not a ground-up build.
Vacant Retail Shell
2875 Flatbush Avenue — sitting idle on one of South Brooklyn's busiest corridors.
Casa Court
A members-only sports complex serving an underserved, affluent Brooklyn catchment.
A private clubhouse for the modern athlete.
Casa Court is not a gym. It is a destination, where Brooklyn's professionals, families, and athletes converge around basketball, padel, pickleball, tennis, training, and hospitality. Discrete, thoughtfully designed, and premium.
Nine Streams. One Destination.
A diversified, recurring-revenue engine designed for resilience and scale.
12 Courts. One Clubhouse.
90,000 square feet of programming — engineered for daily use, league play, training, and hospitality.
40% Opex. Disciplined Margins.
A lean cost structure built around recurring memberships and high-utilization court time.
The gym vertical alone reaches operational break-even at 550 paying members — a fraction of the immediate catchment.
The complete facility — courts, gym, café, programs — breaks even at 650–750 members. Stabilized projections target multiples of that base.
Revenue & NOI Ramp
Year 1 launch through Year 5 stabilization. Figures in $ millions.
Lease the Land — or Own the Asset
Two paths for the property owner. Only one builds long-term equity.
Land Lease
- — Passive rental income only
- — No upside in business performance
- — No equity in the asset created
- — Capped exit value
50% Ownership
- — 60% higher annual income
- — Equity participation in the upside
- — $50M asset created on the balance sheet
- — Brand & legacy ownership
Capital Efficient by Design
A re-skin of an existing structure — not a ground-up build. Faster to revenue, lower in risk.
Three Paths. One Asset.
Year 5 valuation at conservative, base, and aggressive EBITDA multiple scenarios.
Cumulative 5-year operating cash flow distributed to partners.
Build the future of Brooklyn sport.
Casa Court is open to capital partners, joint venture, and strategic investors.