$2,699,000 SALE
Commercial-Other
5,600 SF
1903 Kings Highway
Brooklyn, NY 11229



Coldwell Banker Reliable Real Estate Commercial Division is pleased to offer for sale, 1903 Kings Highway, Brooklyn, NY 11229. This mixed-use offering includes Dunkin Donuts tenant which currently occupies the commercial space, as well as 2 three-bedroom apartments, totaling 5,600 square feet. The property is zoned R7A/C2. Currently, all tenants have leases. All spaces are in excellent condition, making the property an excellent investment, with huge upside potential. Location Highlights: Kings Highway is in Midwood. It has high foot traffic, located in a densely populated area. Conveniently located close to shopping, restaurants, roads and public transportation.


Property Type Commercial-Other
Year Built 1925
Level Number 3
Lot Dimensions 20.83 x 95.33
Zoning R7A/ C2-3
Cap Rate Percentage 4.2
Listing ID 5RXZ3N
MLS ID CBCD1903
Additional MLS 445505
Style Other Style
Building Size 5,600 SF
Lot Size 1892 SF
Available Date Nov 19th, 2020
Taxes $13,760
Area Description

Region: United States

Region: New York

Region: Midwood

Region: Brooklyn

Property Features
Full Bath: 3
Location Name: Midwood
Flooring: Hardwood, Ceramic, Tile
Basement: Full
Exterior Description: Brick
Area Description: Metropolitan
Appliances: Range / Oven, Refrigerator
Road Type: City / Town Street
Heating - Fuel Type: Gas
Financials
Gross Income: $132,600
Expenses: $18,660
Additional Media Area Demographics

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