For Sale
$7,500,000

711 Kings Hwy Brooklyn, NY 11223

Iconic Kings Highway location, vacant, 14,664 SF

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional commercial property, located at 711 Kings Highway in Brooklyn, New York, presents a remarkable investment opportunity. The building boasts a total of 14,664 square feet, spread across two stories, and is currently vacant, offering immediate occupancy for a discerning buyer. The asking price is $7,500,000, translating to a price per square foot of $511.46. The property is zoned R6A-C2-3, OP, allowing for a variety of uses. The building itself measures 4,888 square feet, situated on a lot with dimensions of 47.25 feet by 104.17 feet. The floor area ratio (FAR) is 3, with a built FAR of 1.36. This prime location on Kings Highway in Brooklyn's vibrant Kings County (zip code 11223) offers unparalleled visibility and accessibility, making it ideal for a restaurant or storefront operation. The property's size and zoning provide significant flexibility for a wide range of commercial ventures. This is a rare opportunity to acquire a substantial, well-located commercial property in a thriving New York City neighborhood. The vacant status allows for immediate customization and development to suit the specific needs of the new owner. Serious inquiries are encouraged.

Highlights

  • 47.25' x 104.17' lot dimensions.
  • 4,888 SF building.
  • Two-story building.
  • R6A-C2-3, OP zoning.
  • 3/1.36 FAR/Built FAR.

Property Details for 711 Kings Hwy

Property type
Retail properties, Restaurants
Square Feet
14,664 SF
Stories
2

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.606535
Longitude
-73.965225

FAQs

What type of property is this?
Retail property - Iconic Kings Highway location, vacant, 14,664 SF
Where is the retail property located?
The property is located at 711 Kings Hwy Brooklyn, NY.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 47.25' x 104.17' lot dimensions.; 4,888 SF building.; Two-story building.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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711 Kings Hwy
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