For Sale
$3,000,000

1308 Kings HwyBrooklyn, NY 11229

Turnkey, cash-flowing, prime Brooklyn location.

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional three-story commercial building, located at 1308 Kings Highway in Brooklyn, New York, presents a unique investment opportunity. Boasting 3,660 square feet, the property is fully occupied with multiple tenants, generating a strong cash flow. The asking price is $3,000,000, translating to $819.67 per square foot. Situated in the vibrant Midwood neighborhood, this building benefits from its prime retail location between East 13th and East 14th Streets, near the Kings Highway subway station (B & Q trains). Excellent public transportation access is further enhanced by proximity to numerous bus lines (B7, B82, B68, B2, B100, & B31). The property enjoys exceptionally high foot traffic, surrounded by a diverse range of established businesses, including national chains such as Marshalls, Target, Starbucks, Dunkin', T-Mobile, Chipotle Mexican Grill, T.J. Maxx, Raising Cane's Chicken, 7-Eleven, and KFC, as well as local favorites like Gong Cha and Sunflower Cafe. The building's three units are currently leased, ensuring immediate return on investment. This turnkey operation offers a rare chance to acquire a thriving commercial property in a highly desirable and densely populated area of Brooklyn. The zip code is 11229, and the property is located in Kings County.

Highlights

  • Three-story commercial building totaling 3,660 square feet.
  • Three units, fully occupied, generating strong cash flow.
  • Asking price: $3,000,000 ($819.67/SF).
  • Prime Midwood, Brooklyn location near Kings Highway subway (B & Q trains) and multiple bus lines.
  • High foot traffic area with nearby national retailers (Target, Starbucks, etc.) and local businesses.

Property Details for 1308 Kings Hwy

Property type
Specialty properties, Banks
Square Feet
3,660 SF

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6079544
Longitude
-73.9597465
1308 Kings Hwy, Brooklyn, New York

FAQs

What type of property is this?
Specialty property - Turnkey, cash-flowing, prime Brooklyn location.
Where is the specialty property located?
The property is located at 1308 Kings Hwy Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Three-story commercial building totaling 3,660 square feet.; Three units, fully occupied, generating strong cash flow.; Asking price: $3,000,000 ($819.67/SF).
How can I contact the broker?
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1308 Kings Hwy
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