x
Showing 1 of 0
X
Save

332 Kings Highway
Brooklyn NY 11223 US

$3,900,000

Active Listing ID 497478
lot icon
Lot: 0.05 Acres
home icon
Mixed Use

$3,900,000

Active Listing ID 497478
Save

332 Kings Highway Brooklyn's Best Corner Commercial Investment Building For Sale. Welcome to an exceptional income -producing opportunity in a Prime Bensonhurst location. This solid corner FREE MARKET brick property spans over 6414 square feet with 3 stories , 23 feet by 93 feet long of fine colorful yellow brick and architecture & a 11 foot black entrance door door to residence entry. The residential units consist of FOUR 2 bedroom renovated apartments and a 1650 square foot first floor duplex featuring 3 bedrooms, 2 full bathrooms, 2 living rooms, 2 kitchens, a home office ideal for the virtual business person. Commanding a a premium rental income. In Addition Store # 1 is a Prime Corner KINGS HIGHWAY Hair Salon with 20 feet front & 16 feet side windows exposure can be seen from a block away. Excellent Income of $5047. per month plus Sept 2026 the Real Estate tax of 25 % kicks in of the the current then R.E. tax to be paid by the store tenant. Store # 2 has a independent new store front currently a medical billing office on the side building. The current rent is $2912. which includes partial front half of basement . The rental income is $ 2912. per month. Currently the building income is $259, 008. with expenses of approximately $38, 000.. NOI $221, 000. With moderate rent increases for next year $279, 000. All tenants are only 2 persons per apartment..... Easily can offer much higher potential rental income with more # of individuals renting in the apartment.. The potential upside to building up 6-7 stories , zoning R7A-2 commercial inlay. To build Condos. ALL Functional building equipment has been replaced in the past 5 years. New - Gas heating system, 43 Windows, New EPDM roof, upgraded electric per apartment, hallway painted. , brick pointing, steam cleaning , outside concrete. If you are an investor seeking a stable investment with dependable rents and low building maintenance this is your opportunity you won't want to miss .. Owner will consider holding some financing.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Other
  • Property Sub-type: Mixed Use
  • Features
  • Floor Covering: Hardwood, Parquet Wood
  • Roof Type: Flat
  • Heating Fuels: Natural Gas, Other (Heating), Steam

Property

  • propertytype: Other
  • propertysubtype: Mixed Use
  • listprice: 3900000
  • unparsedaddress: 332 Kings Highway
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11223
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.048989898989899
  • lotsizeunits: Acres
  • lotsizearea: 0.04899
  • livingarea: 6417
  • livingareaunits: Square Feet
  • listagentfullname: Robert S. Scaglione
  • listagentemail: savalotrealty@yahoo.com
  • listagentkey: 3yd-BMLSNY-RSS1720
  • listagentmlsid: RSS1720
  • listagentpreferredphone: 7186123088
  • listagentofficephone: 7186123088
  • listofficekey: 3yd-BMLSNY-118210
  • listofficemlsid: 118210
  • disclaimer: Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: BMLSNY
  • listagenturl: https://www.remaxedgeny.com/
  • countyorparish: Kings (Brooklyn)
  • constructionmaterials: Brick
  • flooring: Hardwood, Parquet Wood
  • heating: Natural Gas, Other (Heating), Steam
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Womcore LLC dba Remax Edge", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"savalotrealty@yahoo.com", "ListBrokerageCity":"Brooklyn", "ListBrokerageCountry":"US", "ListBrokerageEmail":"contact@remaxedgeny.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Womcore LLC dba Remax Edge", "ListBrokeragePhone":"(718) 612-3088", "ListBrokeragePostalCode":"11214", "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1812 Bath Avenue", "ListBrokerageWebsiteUrl":"https://www.remaxedgeny.com/", "ListOfficeAddress1":"1812 Bath Ave", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Brooklyn", "ListOfficeCountry":"US", "ListOfficeEmail":"michaelnapolitano@remaxedgeny.com", "ListOfficePostalCode":"11214", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Mixed Use - Brooklyn, NY", "ListingURL":"https://listings.listhub.net/pages/BMLSNY/497478/?channel=rexren", "MLSModificationTimestamp":"2025-12-11T15:29:13Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Mixed Use", "RawPropertyType":"Mixed Use", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":27000, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/12/2025 6:32:39 PM GMT
Source Updated Date: 12/18/2025 12:52:42 PM GMT

Courtesy of: Robert S. Scaglione, RE/MAX Edge, savalotrealty@yahoo.com

Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.