431 Kings Hwy - Retail FOR SALE


Brooklyn, NY 11223- Gravesend
$1,599,999 USD
718-382-0005
431 Kings Hwy, Brooklyn, NY for Sale
$1,599,999 USD
Retail - FOR SALE
1/14
null | Request Cap Rate

NEW


431 Kings Hwy
Brooklyn, NY 11223
Gravesend


OVERVIEW

Prime Investment Opportunity to own a spacious 3 story mixed-use property in the Heart of Brooklyn’s Gravesend. This excellent ideal property features a retail ground-level storefront with excellent visibility and heavy foot traffic, with 2 apartment units on the 2nd and 3rd level. It comes with a full high ceiling basement for the store to use. The building is 20’ X 62’=1,240’, lot is 20’ X 102’=2,059’. This hustling and bustling area has PC Richards & Son right across the street. It is situated 1.5 short distance to the F train, Ave U train station. This store can demand above $5,000/mo. rent. The store is vacant. Building comes with good on time paying tenants: 2nd level pays $1,827 and 3rd level pays $2,800. Each apartment has 4 bedrooms. No lease. Property tax is low at only $8,755/yr. This prime vibrant location is close to all. It is priced to sale. This Gravesend gem delivers on space, location, and value. Schedule your showing today!

FOR SALE DETAILS

PRICE

$1,599,999 USD

PRICE/SF

$1,290 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,047 SF

ZONING

R7A

APN/PARCEL ID

06656-0046

ASK ABOUT THIS PROPERTY

Mitchell DuongMomentum Real EstateMore Info
718-382-0005

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Mitchell DuongMomentum Real EstateMore Info
718-382-0005

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