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166 Kings Hwy 0.4 Acres of Residential Land in Brooklyn, NY 11223
Executive Summary
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.
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.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.40 AC |
| Property Type | Land | ||
| Zoning | R7A / C2-4 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.40 AC |
| Zoning | R7A / C2-4 |
1 Lot Available
Lot
| Lot Size | 0.40 AC |
| Lot Size | 0.40 AC |
1 1
Walk Score®
Walker's Paradise (94)
Transit Score®
Rider's Paradise (93)
Property Taxes
| Parcel Number | 06619-0042 | Improvements Assessment | $195,840 |
| Land Assessment | $715,410 | Total Assessment | $911,250 |
Property Taxes
Parcel Number
06619-0042
Land Assessment
$715,410
Improvements Assessment
$195,840
Total Assessment
$911,250
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166 Kings Hwy
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