COMMERCIAL
Address: ‎284 Kings Highway
Zip Code: 11223
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$3,899,000
ID # 504508
English
Broker Contact
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Ashford Homes LLC Office: ‍929-364-1301

$3,899,000 - 284 Kings Highway, Gravesend, NY 11223|ID # 504508

ID #‎ 504508
Construction Year1931
Taxes
(per year)
$41,975
Fuel TypeOil
BasementFull basement
Bus0 min: B82
7 min: B4
9 min: B6
Subway2 min: N
8 min: F
LIRR5.3 miles: "Nostrand Avenue"
5.4 miles: "Atlantic Terminal"
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房屋英文概況 English Description

Excellent income-producing mixed-use property featuring 4 residential family units and 2 storefronts in a desirable Brooklyn location. This property offers multiple income streams with strong rental potential, making it an excellent opportunity for investors seeking immediate cash flow and long-term appreciation.



The combination of residential and commercial spaces provides flexibility and stability, while the storefronts offer valuable street-level exposure for businesses. A great addition to any investment portfolio with strong income potential and significant upside.



The property consists of a deli and a restaurant on the first floor. There are two - 2 bedrooms apt and one 3 bedrooms along with an one bedroom apt. These 4 units have a rent increment for $200 per month in every Sept, the deli has a rent increment for $175 per month in every July and the restaurant also has a rent increment for $150 per month in every April.

The cap rate is 4.4 %

Don’t miss this opportunity to own a versatile Brooklyn mixed-use property with excellent income potential.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 Brooklyn New York Multiple Listing Service. All rights reserved.

Courtesy of Ashford Homes LLC

公司: ‍929-364-1301




$3,899,000
COMMERCIAL
ID # 504508
‎284 Kings Highway
Brooklyn, NY 11223


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