$1,998,000

Duplex In Brooklyn

  • 4 Beds
  • 2 Baths
  • 3,200 Sqft
  • 1,820 Sqft lot
  • Updated: Today
  • Source:
    OneKey MLS  MLS#1068180

About the Property

Income-Producing Mixed-Use Property | Free-Market Rental Upside | Steps to Kings Highway N Train

An attractive mixed-use investment opportunity in Brooklyn’s established Gravesend neighborhood, ideally positioned just one block from the Kings Highway commercial corridor and less than 500 feet from the Kings Highway N subway station. Offering approximately 3,200 SF of building space across
Income-Producing Mixed-Use Property | Free-Market Rental Upside | Steps to Kings Highway N Train

An attractive mixed-use investment opportunity in Brooklyn’s established Gravesend neighborhood, ideally positioned just one block from the Kings Highway commercial corridor and less than 500 feet from the Kings Highway N subway station. Offering approximately 3,200 SF of building space across two stories on a 1,820 SF lot, the property features three ground-floor commercial spaces and two second-floor residential apartments, currently generating approximately $120,459 in annualized gross rental income.

The ground floor is occupied by a deli store, dental office, and thrift store, providing a diversified commercial tenant mix. The second floor features two free-market residential apartments, each configured with two bedrooms, a living area, kitchen, and bathroom. With all five units currently rented, the property offers an established rental income stream, while the free-market residential units provide potential for future rental growth and long-term investment upside.

Additional features include a garage, five electric meters, and two gas meters, providing practical utility management and added convenience for long-term ownership.

Situated near Kings Highway’s established shopping and dining corridor, the property benefits from a convenient neighborhood setting with nearby restaurants, retail businesses, supermarkets, and local bus transportation.
…
  • Property type

    House

  • Year built

    1931

  • Price/sqft

    $624

Features

  • Garage
  • Fireplace
  • Gas Stovetop
  • Investment Property
  • Duplex
  • Air Conditioning

Explore the Area

196 Highlawn Avenue, New York, New York, United States View on Google Maps
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B Square Realty - Flushing

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B Square Realty - Flushing
New York, United States
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2026
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B Square Realty - Flushing
Flushing, New York, United States
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Last updated
Today
First listed
October 29
Listing reference
1068180
Listing status
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