by RH Advisors

Check Availability
$1,300,000
Property - For Sale

432 KINGS Highway

Brooklyn, NY 11223
bedrooms
Studio
bathrooms
2 Baths
$6,929
Estimated Monthly
$0
HOA / Fees
1.24%
Cap Rate

About This Property

Welcome to this charming brick, mixed-use home nestled in the heart of Gravesend, Brooklyn. This exceptional property offers an exciting blend of convenience and versatility, combining a delightful Deli on the ground floor with two stylish residential apartments on the upper levels, making it a perfect investment opportunity or a dream home for the discerning buyer.

The Deli, occupying the ground level, greets you with its inviting storefront and promises a bustling hub of activity. Whether you're a seasoned entrepreneur or an aspiring restaurateur, this space provides an excellent chance to establish your business and cater to the diverse community of Gravesend. With its prime location, foot traffic, and potential loyal customer base, the Deli is sure to become a popular destination for locals seeking delicious food and convenience.

Ascending to the upper floors, you'll find two thoughtfully designed, free-market residential apartments, both meticulously crafted to offer modern comforts and aesthetic appeal. The first apartment, a one-bedroom unit, boasts an open and airy layout, creating a welcoming ambiance as soon as you step inside. Large windows bathe the interior in natural light, highlighting the elegant finishes and contemporary design. The apartment features a well-appointed kitchen, a cozy living area, a spacious bedroom, and a chic bathroom, ensuring comfortable living for its occupants

.On the same floor, the second apartment, a two-bedroom unit, offers even more space for those seeking a larger home or additional rental income. The two-bedroom apartment is an ideal blend of style and functionality. With generous living areas, a gourmet kitchen equipped with modern appliances, two well-proportioned bedrooms, and a luxurious bathroom, this apartment exudes comfort and sophistication.

Both apartments have been designed with privacy and convenience in mind, ensuring a serene living experience for their residents. Additionally, being free-market units, they offer greater flexibility and potential for higher rental returns, appealing to tenants seeking a premium living space in this desirable location.

Beyond the property's attractive features, Gravesend itself adds to the allure. This vibrant neighborhood is celebrated for its rich cultural diversity, excellent schools, local parks, and a wide array of dining and shopping options. Commuting is a breeze with access to various public transportation options and major roadways, allowing residents to explore all that Brooklyn and New York City have to offer.

In conclusion, this brick, mixed-use two-family home in Gravesend Brooklyn presents an unparalleled opportunity for investment or homeownership. The combination of a thriving Deli and two free-market apartments ensures a truly dynamic and prosperous lifestyle for its occupants. Whether you are an astute investor or a prospective homeowner, this property invites you to be a part of the vibrant community and experience the best of Brooklyn living.
Unit Size
-
Days on Market
271 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Property
Property Taxes
$545
HOA Dues
-
Year Built
1931
Last updated: 3 months ago (RLS #RPLU-33422595216)

Price History

Date / Event Date Event Price
Jul 31, 2023 Listed by Corcoran Group $1,300,000
Listed by Corcoran Group

Property Highlights

Interior Details

Bedroom Information

Bedrooms: 3

Bathroom Information

Full Bathrooms: 2

Room Information

Laundry Features: In Unit
Rooms: 8

Basement Information

Exterior Details

Property Information

Year Built: 1931

Building Information

Outdoor Living Structures: None
Pets Allowed: Building Yes, No

Lot Information

Lot Size Dimensions: 81.25x20.00

Land Information

Tax Lot: 0119
Tax Block: 06678

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
-
2,800 ft²
$493/ft²
$1,380,000 Dec 13, 2018
$1,380,000 Mar 1, 2019
-
Townhouse
Stu
-
3,167 ft²
$363/ft²
$1,150,000 Apr 8, 2022
$1,150,000 Aug 9, 2022
-
Multifamily
4 Beds
3 Baths
-
$1,350,000 Mar 9, 2022
$1,350,000 Jun 24, 2022
$666/mo
Multifamily
5 Beds
2 Baths
-
$1,300,000 Jul 24, 2023
$1,300,000 Nov 21, 2023
$689/mo
Multifamily
4 Beds
3 Baths
-
$1,280,000 Mar 14, 2023
$1,280,000 Jun 23, 2023
$702/mo
Condo
4 Beds
2 Baths
2,412 ft²
$539/ft²
$1,300,000 Feb 15, 2022
$1,300,000 Jul 6, 2022
$2,432/mo
Other
Loft
-
2,800 ft²
$461/ft²
$1,290,000 Nov 30, 2023
-
-
Other
Loft
-
-
$1,250,000 Jul 2, 2022
-
-
Other
Loft
-
2,740 ft²
$547/ft²
$1,499,999 Dec 29, 2023
-
-
Commercial
Loft
-
1,100 ft²
$999/ft²
$1,099,000 Sep 14, 2023
-
-
Townhouse
Stu
3 Baths
2,260 ft²
$615/ft²
$1,390,000 Feb 13, 2024
-
$3,536/mo
Townhouse
Stu
2 Baths
1,600 ft²
$934/ft²
$1,495,000 Jan 17, 2024
-
$2,957/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

432 Kings Highway 432 Kings Highway, Brooklyn, NY 11223
  • 3 Units
  • 1 Unit for Sale
More about this Building
432 Kings Highway
Want to find out who owns 432 Kings Highway, Brooklyn, NY 11223? Get detailed property transactions here .

About Southern Brooklyn


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