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  • Price cut: $112 (5/29)
    $3,999,000

    332 Kings Hwy, Brooklyn, NY 11223

    11beds
    6,417sqft
    Loading
    Mixed Use
    Built in 1936
    -- sqft lot
    $-- Zestimate®
    $623/sqft
    $-- HOA

    What's special

    Brick pointingIndependent new store frontHallway paintedNew epdm roofSteam cleaningUpgraded electric per apartment
    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 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 businessperson. 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. Excellent Income of $5047. per month plus Sept 2026 the Real Estate tax of 25 % kicks in of the current then R.E. tax to be paid by the store tenant. Store # 2 has an 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. 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.
    140 days
    |
    167
    |
    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    Remax Edge 718-757-9141,

    Robert (Bob) Scaglione

    Source: StreetEasy,MLS#: S1814932

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 7
      • Full bathrooms: 5
      • 1/2 bathrooms: 2
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 6,417
      • Total interior livable area: 6,417 sqft

      Property

      Details
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      Condition
      • Year built: 1936

      Community & HOA

      Community
      • Subdivision: Gravesend
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $623/sqft
      • Date on market: 3/11/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,997/mo

        Price history

        DateEventPrice
        5/29/2026Price change$3,899,8880%$608/sqft
        Source: BNYMLS #499328 Report a problem
        4/24/2026Price change$3,900,000-2.5%$608/sqft
        Source: BNYMLS #499328 Report a problem
        3/31/2026Price change$3,999,000+5.2%$623/sqft
        Source: BNYMLS #499328 Report a problem
        3/23/2026Price change$3,800,001+0%$592/sqft
        Source: BNYMLS #499328 Report a problem
        3/11/2026Listed for sale$3,800,000$592/sqft
        Source: StreetEasy #S1814932 Report a problem
        3/10/2026Contingent$3,800,000$592/sqft
        Source: StreetEasy #S1814932 Report a problem
        3/10/2026Price change$3,800,000-7.3%$592/sqft
        Source: BNYMLS #499328 Report a problem
        3/3/2026Listed for sale$4,100,000+7.9%$639/sqft
        Source: BNYMLS #499328 Report a problem
        3/1/2026Listing removed$3,800,000$592/sqft
        Source: BNYMLS #497478 Report a problem
        1/27/2026Price change$3,800,000-2.6%$592/sqft
        Source: BNYMLS #497478 Report a problem
        12/11/2025Price change$3,900,000-2.5%$608/sqft
        Source: BNYMLS #497478 Report a problem
        11/20/2025Listed for sale$4,000,000$623/sqft
        Source: BNYMLS #497478 Report a problem
        9/2/2025Listing removed$4,000,000$623/sqft
        Source: BNYMLS #493828 Report a problem
        7/23/2025Price change$4,000,000-4.8%$623/sqft
        Source: BNYMLS #493828 Report a problem
        6/29/2025Listed for sale$4,200,000+2.4%$655/sqft
        Source: BNYMLS #493828 Report a problem
        6/26/2024Listing removed--
        Source: BNYMLS #481304 Report a problem
        6/4/2024Price change$4,100,000+2.5%$639/sqft
        Source: BNYMLS #481304 Report a problem
        4/18/2024Listed for sale$4,000,000$623/sqft
        Source: BNYMLS #481304 Report a problem
        4/1/2024Listing removed--
        Source: BNYMLS #478734 Report a problem
        2/23/2024Price change$4,000,000-5.3%$623/sqft
        Source: BNYMLS #478734 Report a problem
        12/11/2023Listed for sale$4,225,889$659/sqft
        Source: BNYMLS #478734 Report a problem
        6/2/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/30/2023Listed for rent$5,000$1/sqft
        Source: Zillow Rentals Report a problem
        3/1/2023Listing removed--
        Source: BNYMLS #469344 Report a problem
        2/13/2023Listed for sale$4,225,889$659/sqft
        Source: BNYMLS #469344 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Gravesend

        Getting around

        94 / 100
        Walker's Paradise
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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