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!
Sold for $1,450,000 on 11/06/25
$1,450,000
431 Kings Hwy, Brooklyn, NY 11223
--beds
1,240sqft
Mixed Use
Built in 1931
2,059 Square Feet Lot
$1,497,700 Zestimate®
$1,169/sqft
$4,115 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 08, 2025 at 07:22am
Listed by:
Tracy Tong 347-267-7911,
Momentum Real Estate LLC
Source: BNYMLS,MLS#: 492178
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
- 1/2 bathrooms: 3
Heating
- Natural Gas, Steam/Radiator
Appliances
- Included: Gas Water Heater
Features
- Flooring: Ceramic Tile, Hardwood, Laminate, Tile
- Doors: Doors - 10 ft and under
- Basement: Full
Interior area
- Total structure area: 1,240
- Total interior livable area: 1,240 sqft
Property
Parking
- Parking features: None
Features
- Stories: 3
Lot
- Size: 2,059 sqft
- Dimensions: 20x102
- Features: Back Yard, Irregular Lot
Details
- Foundation area: 1240
- Parcel number: 066560046
- Zoning: R7A
- Special conditions: Arm's Length
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Sheet Rock, Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Year built: 1931
Utilities & green energy
- Electric: 110 V
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Brooklyn
- Subdivision: Brooklyn
HOA & financial
Other financial information
- Total actual rent: 9627