This Retail Property is no longer advertised on LoopNet.com.

131 Kingston Ave
Brooklyn, NY 11213
131 Kingston Avenue · Retail Property For Sale

Investment Highlights

  • Value Add: The renovated, vacant apartment can rent for $3,800/month, with no additional work needed on the unit
  • Reduced Expenses: The apartments benefit from central air & heat and in-unit washers and dryers
  • Turnkey: The apartments were gut renovated in 2018 and 2023
  • Low Taxes: The property’s tax class 1 caps annual tax increases to an avg. of 4% over five years, indefinitely

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,320 SF
Year Built/Renovated
1930/2023
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.59
Lot Size
0.04 AC
Zoning
R6 - R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx.
Frontage
25’ on Kingston Avenue

Property Taxes

Property Taxes

Parcel Number
01223-0010
Land Assessment
$9,660
Improvements Assessment
$103,560
Total Assessment
$113,220
  • Listing ID: 28545071

  • Date on Market: 5/21/2023

  • Last Updated:

  • Address: 131 Kingston Ave, Brooklyn, NY 11213

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