For Sale
$125,000

5335 Kings Hwy Brooklyn, NY 11203

12,000 SF Lot, $125K Asking

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 12,000 square foot commercial lot, located at 5335 Kings Highway in Brooklyn, New York, presents a remarkable investment opportunity. Zoned M1-1, this property boasts significant potential for a variety of commercial uses. Currently generating a monthly rental income of $15,000, the property's existing configuration includes a repair shop, a substantial office space, and a used car dealership. The property's size and prime location in the desirable East Flatbush area offer substantial upside potential for future development or continued operation as a multi-use commercial space. The asking price is $125,000. The lot's dimensions provide ample space for expansion or redevelopment, catering to a wide range of business ventures. This is a rare opportunity to acquire a well-established, income-producing commercial property in a thriving Brooklyn neighborhood. The property is situated in Kings County (Brooklyn), NY, 11203, with GPS coordinates 40.6388888 latitude and -73.9254422 longitude. Serious inquiries are encouraged. All offers will be considered.

Highlights

  • $125,000 asking price for a commercial land parcel.
  • 2,000 square feet of buildable area on a 12,000 square foot lot.
  • Located at 5335 Kings Highway, Brooklyn, NY 11203.
  • M1-1 zoned lot in prime East Flatbush.
  • Currently generating $15,000 monthly rent from existing business operations.

Property Details for 5335 Kings Hwy

Property type
Land
Square Feet
2,000 SF

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.6388888
Longitude
-73.9254422

FAQs

What type of property is this?
Land - 12,000 SF Lot, $125K Asking
Where is the land located?
The property is located at 5335 Kings Hwy Brooklyn, NY.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: $125,000 asking price for a commercial land parcel.; 2,000 square feet of buildable area on a 12,000 square foot lot.; Located at 5335 Kings Highway, Brooklyn, NY 11203.
How can I contact the broker?
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5335 Kings Hwy
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