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- LoopNet Team
431 Kings Hwy
Brooklyn, NY 11223
Property For Lease
Property Facts
| Property Type | Retail | Year Built/Renovated | 1931/1980 |
| Gross Leasable Area | 1,240 SF |
| Property Type | Retail |
| Gross Leasable Area | 1,240 SF |
| Year Built/Renovated | 1931/1980 |
About the Property
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 blocks 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!
- Metro/Subway
