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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

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    $8,709/mo

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    What's special

    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!

    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#: 492178MLS Logo

    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