332 Kings Highway Brooklyn, NY 11223

209442907 40.60478 -73.97791 724 /listing/209442907-151168966/332-kings-highway-brooklyn-ny-11223 False 0 4400888.0 105 420905 False
  • $4,400,888
  • Est payment $23624.92/mo

Property Information

Multi-Family in Brooklyn

BENSONHURST-GRAVESEND : FIRST TIME ON THE MARKET .Type: Retail/Redevelopment/ INVESTMENT Opportunity. Excellent opportunity to own a MULTI FAMILY MIX USE 5 FAM + 2 STORES. PRIME KINGS HIGHWAY CORNER LOCATION. For Investment : Proforma Income $ 190,800.00 Expenses : $21,550.00 Net Operating Income $ 169,250.00 There is an opportunity to earn more money with a vacant Billboard space on the building. There are 4 two bedroom apts and 1 one bedroom apt., occupied by only 9 adults. Very quiet residence. The two stores are occupied by Sav-a-lot Realty Inc. formerly Known as Century 21 Sav-a-lot Realty for the past 30 years. The building has been through major capital improvements in and outside of the building: October 2018 -Capital Home Design ,Brick pointing,replaced many window lentils, caulking each and every window. October 2018 Install brand new stainless steel CHIMNEY liner 60 feet from top to the bottom and chimney cap. September 2017 - Install brand new high efficiency Gas boiler system and hot water tank. August 2017 - As per code Installed new Emergency Lighting & Exit signs electronically and battery operated in hallway. May 2017- Replaced 45 Brand New Double pane Windows throughout the building May 2016 - Freshly painted the entire hallway. April 2010- Upgraded entire building electric service from the basement to each apartment individual circuit breaker panel boxes All FIVE APARTMENTS HAVE BEEN GUTTED & RENOVATED WITH STATE OF THE ART KITCHENS,NEW BATHROOMS,WALLS,ETC. THE TWO STORES 1300 SQ FT HAS 40 FEET FRONTAGE OF WINDOWS, HVAC , 18" PORCELAIN TILES, 4 EXITS Developers and Investors. Zoning analysis for Basic Building . Zoning R7a-C2-3 up to 8 stories maximum.Max.floor area for R7a : 4.00 x 2,023.47 sf ( 8,093.88 sf ) For C2-3 : 2.00 x 2,023.47 sf ( 4,046.94 sf ) Maximum total Zoning floor area : 8,093.88 sf... Maximum lot coverage 2,043.47 sf x 100% =100%.

Courtesy Of Sav-A-Lot Realty Inc

Main Features

  • Listing Status: Active
  • Floors: 3
  • County: kings (brooklyn)
  • Zoning: R7 C2-3
  • MLS Number:420905

Additional Features

  • Ceiling Height:
    • 8-10 Foot
  • Commercial Features:
    • Doors - 10 ft and under
    • Heated
    • Other
  • Flooring:
    • Ceramic
    • Hardwood
    • Parquet
  • Lavatories:
    • 4+
  • Building Square Feet:
    • 2046
  • Building Type:
    • Semi-Detached
  • Construction:
    • Brick
  • Loading Dock:
    • None
  • Property Subtype:
    • Mixed Use
  • Roof:
    • Flat
    • Rubber
  • Basement Details:
    • Full
  • Foundation:
    • Block
  • Exterior:
    • Brick
  • Yard:
    • Back
  • Electric:
    • 220 V
    • Circuit Breakers
  • Heat:
    • Steam/Radiator
  • Heating Fuel:
    • Gas
  • Hot Water:
    • Gas
  • Financing:
    • Cash
  • Sale Type:
    • Arm's Length
  • Transaction Type:
    • Sale
  • CDOM:
    • 260
  • District:
    • Brooklyn
  • Lot Number:
    • 65
  • Lot Size Length:
    • 100
  • Lot Size Width:
    • 22
  • Lot Sq Ft:
    • 2200
  • Number Of Families:
    • 5
  • Number Of Stores:
    • 2
  • Owner Occupied:
    • No
  • Unit Count:
    • 0
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
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332 Kings Highway Brooklyn, NY 11223

209442907 40.60478 -73.97791 724 /listing/209442907-151168966/332-kings-highway-brooklyn-ny-11223 False 0 4400888.0 105 420905 False
  • $4,400,888
  • Est payment $23624.92/mo