192 Kings HwyBrooklyn, NY 11223

Property Details for 192 Kings Hwy

Property type

Retail properties

Property subtype

Restaurants

Description

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.

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6055

Longitude

-73.9843

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