For Sale
$7,995,000

192 Kings HwyBrooklyn, NY 11223

Prime Brooklyn Retail, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
114
192 Kings Highway presents a remarkable owner-user investment opportunity in Gravesend, Brooklyn. This high-traffic location boasts exceptional visibility, with 360 feet of total frontage and 165 feet directly on Kings Highway, offering unparalleled exposure visible up to eight blocks away. The property encompasses a substantial 28,800 square feet of additional residential floor area ratio (FAR), allowing for a total potential gross square footage of approximately 40,000. This presents incredible flexibility for development and expansion. Currently configured as a pharmacy/drug store and restaurant, the property's versatility allows for a wide range of uses. The asking price is $7,995,000. This unique property in Kings County, New York (zip code 11223), offers a rare chance to acquire a significant retail presence in a thriving Brooklyn neighborhood. Architectural consultation is recommended to fully realize the development potential of this expansive site. The property's location at 40.6055144 latitude and -73.9843243 longitude ensures easy access and high foot traffic. This is an exceptional opportunity for an investor seeking a substantial and highly visible retail property with significant upside potential.

Highlights

  • $7,995,000 asking price.
  • Owner-user retail investment opportunity.
  • Located at 192 Kings Highway, Brooklyn, NY 11223.
  • High-traffic location with 360 feet of total frontage and 165 feet of Kings Highway frontage.
  • Approximately 28,800 square feet of additional residential FAR, offering potential for up to 40,000 gross square feet.

Property Details for 192 Kings Hwy

Property type
Retail properties, Restaurants

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6055144
Longitude
-73.9843243
192 Kings Hwy, Brooklyn, New York

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192 Kings Hwy
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