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276 Kings Hwy - 276 Kings Hwy 3 Unit Apartment Building Offered at $1,595,000 at a 5.65% Cap Rate Brooklyn, NY 11223
Investment Highlights
- Mixed-use
- Owner-user
- Kings highway
- Free market
- Investment opportunity
Executive Summary
• Mixed-use building consisting of 2 free-market residential apartments and 1 restaurant
• 100% free-market residential component
• Located on Kings Highway, one of Brooklyn's premier retail corridors
• Strong pedestrian and vehicular traffic
• Established restaurant tenancy providing stable income
• Opportunity for future rental growth within the residential units
• Excellent owner-user or investment opportunity
• Convenient access to public transportation and neighborhood amenities
• Ideal for private investors and 1031 exchange buyers
• 100% free-market residential component
• Located on Kings Highway, one of Brooklyn's premier retail corridors
• Strong pedestrian and vehicular traffic
• Established restaurant tenancy providing stable income
• Opportunity for future rental growth within the residential units
• Excellent owner-user or investment opportunity
• Convenient access to public transportation and neighborhood amenities
• Ideal for private investors and 1031 exchange buyers
Property Facts
| Price | $1,595,000 | Property Type | Multifamily |
| Price Per Unit | $531,667 | Building Size | 4,026 SF |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 5.65% | Year Built | 1931 |
| No. Units | 3 |
| Price | $1,595,000 |
| Price Per Unit | $531,667 |
| Sale Type | Investment |
| Cap Rate | 5.65% |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 4,026 SF |
| No. Stories | 3 |
| Year Built | 1931 |
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100
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276 Kings Hwy - 276 Kings Hwy