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1308 Kings Hwy
Brooklyn, NY 11229
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,660 SF
Building Class
B
Year Built
1925
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.10
Lot Size
0.04 AC
Zoning
C4-2,Brooklyn,(O6) - Located in the Midwood neighborhood of Brooklyn between E 13th St & E 14th St near the Kings Highway subway station.
Frontage
About 1308 KINGS HWY , BROOKLYN, NY 11229
Great location and fully leased. Mixed Use property with 4 levels on prime Kings Highway with huge car and pedestrian traffic. Current zoning is C4-4A, with huge upside potential to add another 3,800 sf (6,948 potential - 3,100 existing), current FAR is 4.0 (check with own architect). 1st tenant occupies 1st floor + basement, and 2nd tenant occupies 2nd + 3rd floor. Asking price is at 3 cap, based on current "below" market rent. Great for 1031 exchange. Do not disturb tenants.
Property Taxes
| Parcel Number | 06796-0003 | Improvements Assessment | $354,150 |
| Land Assessment | $70,200 | Total Assessment | $424,350 |
Property Taxes
Parcel Number
06796-0003
Land Assessment
$70,200
Improvements Assessment
$354,150
Total Assessment
$424,350
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