284 Kings Highway Brooklyn, NY $ 3,899,000
284 Kings Highway
$ 3,899,000
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284 Kings Highway

Brooklyn, NY, 11223
$ 3,899,000
Bedrooms-- Baths-- Sq 6,700

Monthly Estimate*

$ 24,619

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Commercial Property for sale in Brooklyn, NY

for $3,899,000. This 6,700 square foot building was built in 1931 on a lot size of 0.051263.

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.

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Commercial Active

Price

$ 3,899,000

Property Type

Commercial

Taxes

$ 41,975

Style

Mixed Use

Lot Size

0.051263

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

504508

Features
Interior
Heating Fuel Oil
Flooring Other
Hot Water Hot Water Coil in Boiler
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General
Roof Flat
Zoning R7A
Electric 220 V
Stories Count 3
Property Type Mixed Use
Block 6650
Yearly Taxes 41975.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Semi-Detached
Status Active
Construction Materials Brick
Cumulative Days on Market 213
MLS Area Gravesend
Sub Type Mixed Use
Year Built 1931
City Brooklyn
DOM 16
# Families 4
Public Remarks 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
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Exterior
Exterior Brick
Foundation Poured Concrete
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Ashford Homes Llc

Broker

(917) 353-2229

Phone

Affordability Calculator

$28,117
Per Month
88%
12%
0%
Monthly Principal & Interest
$24,619
Monthly Property Taxes
$3,498
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/14/2026$3,899,000 Listed Price

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284 Kings Highway, Brooklyn, NY, 11223 is a Commercial Property for sale at $3,899,000 with 6,700 sqft and a lot size of 0.051263. 284 Kings Highway was built in 1931. The property's zip code is 11223 which is in Brooklyn, NY