212-372-2165
166 Kings Hwy, Brooklyn, NY for Sale
Residential LAND - FOR SALE
1/2
17,424 SF

166 Kings Hwy
Brooklyn, NY 11223
Gravesend


OVERVIEW

Newmark has been exclusively retained by ownership to offer for sale the fee simple interest in 166 Kings Highway (the “Property” or the “Offering”), a prime mixed-use rental development opportunity located at the border of Gravesend and Bensonhurst, Brooklyn. The Property occupies a full city block bounded by Kings Highway, West 12th Street, and Quentin Road, offering approximately 485 feet of frontage along three streets. 166 Kings Highway benefits from a recent zoning upgrade to R7A / C2-4, creating a rare as-of-right development site within a predominantly low-density neighborhood. The Site comprises approximately 17,425 square feet of land and supports up to 87,300 buildable square feet as-of-right. Ideally located just blocks from the Kings Highway N and W subway lines, the Property sits at the intersection of two established South Brooklyn neighborhoods with strong rental demand and limited new supply. Continued population growth, stable demographics, and rising rents support the long-term viability of a well-located rental development. The Offering presents a compelling opportunity to deliver a new mixed-use rental asset in a supply-constrained market.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.4 AC

LAND SF

17,425 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R7A / C2-4

APN/PARCEL ID

06619-0042

ASK ABOUT THIS PROPERTY

Daniel O'BrienNewmarkMore Info
212-372-2165

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Daniel O'BrienNewmarkMore Info
212-372-2165

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.