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.