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284 Kings Highway

Brooklyn, NY 11223
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Bed --

Bed

Bath 0

Bath

SqFt6,700

Sqft

Acres0.05

Acre(Lot)

Excellent income-producing mixed-use property featuring 4 residential family units and 2 storefronts in a desirable Brooklyn location. This property offers multiple income streams with strong rental potential, making it an excellent opportunity for investors seeking immediate cash flow and long-term appreciation. The combination of residential and commercial spaces provides flexibility and stability, while the storefronts offer valuable street-level exposure for businesses. A great addition to any investment portfolio with strong income potential and significant upside. The property consists of a deli and a restaurant on the first floor. There are two - 2 bedrooms apt and one 3 bedrooms along with an one bedroom apt. These 4 units have a rent increment for $200 per month in every S ept, the deli has a rent increment for $175 per month in every July and the restaurant also has a rent increment for $150 per month in every April. The cap rate is 4.4 % Don’t miss this opportunity to own a versatile Brooklyn mixed-use property with excellent income potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,899,000

AD Id : 91244989

MLS Id : 504508

Lot Size : 0.05 Acre

Living Area Size : 6,700 Sq. Ft

Tax Amount : $41,975

Year Built : 1931

County : Kings

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Full, Unfinished
  • Flooring Information

    Other
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat
  • Heating & Cooling

    Has Heating: Yes Heating: Oil

  • Building Information

    Year Built: 1931 Building Area Total: 6700 Construction Materials: Brick Stories: 3 Private Pool: No

  • Lot Information

    Lot Dimensions: 98 x 23 Lot Size Acres: 0.05 Lot Size Square Feet: 2233

  • Listing Price Information

    Listing Price: $3899000

  • Tax Information

    Tax Lot: 72 Tax Block: 6650 Annual Tax: $41975
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
735 Avenue W #6J, Brooklyn, NY, 11223 $254,000 1 1 650 --
735 Avenue W #6M, Brooklyn, NY, 11223 $225,000 1 1 795 --
815 Avenue U, Brooklyn, NY, 11223 $2,100,000 -- -- 3,426 0.05 Acre
2035 7th Street #7F, Brooklyn, NY, 11223 $249,900 -- 1 700 --
2035 7th Street #2F, Brooklyn, NY, 11223 $275,000 -- 1 600 --
2035 7th Street #3J, Brooklyn, NY, 11223 $348,000 1 1 900 --
2400 3rd Street #317, Brooklyn, NY, 11223 $325,000 1 1 825 --
2400 3rd Street #619, Brooklyn, NY, 11223 $275,000 1 1 720 --
2555 West Street, Brooklyn, NY, 11223 $3,299,000 4 3.5 2,820 0.07 Acre
1811 Ocean Parkway #3N, Brooklyn, NY, 11223 $318,000 1 1 800 --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brooklyn MLS. All Rights Reserved.

ByOwner last updated this listing 10/01/2026 @ 21:22

MLS: 504508 LISTED BY: ShuYu Zeng, Ashford Homes LLC 929-364-1301 SOURCE: Brooklyn Board of REALTORS

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