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 |
Region: United States
Region: New York
Region: Midwood
Region: Brooklyn
| 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 |
| Gross Income: $132,600 |
| Expenses: $18,660 |
