Property Description

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!

Features
: Flat
Address Map
11223
Kings
431
Highway
0
W74° 1' 33.6''
N40° 36' 16.5''
MLS Addon
: Mixed Use
0
2
: Hardwood, Ceramic, Tile, Laminate
: Doors - 10 Ft And Under
: Fire - Smoke Alarm
117770
Momentum Real Estate LLC
Tracy Tong
TT6936
$0
$0
: Full
: Brick
: Active
$8,755

Mixed Use For Sale

431 Kings Highway, Brooklyn, New York 11223

1,240 Sqft
$1,599,999
Listing ID #492178
Basic Details
Property Type : Mixed Use
Listing Type : For Sale
Listing ID : 492178
Price : $1,599,999
Square Footage : 1,240 Sqft
Year Built : 1931
Lot Area : 2,059 Sqft
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