$1,300,000
●
Property -
For Sale
432 KINGS Highway
Brooklyn, NY 11223
Studio
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.
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
Listed By
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
Financial Details
Tax Annual Amount: $6,540
Location Details
Subdivision Name: Gravesend
Stories Total: 2
View: Other
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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
-
Sold
Multifamily
4
Beds
3
Baths
-
$1,350,000
Mar 9, 2022
$1,350,000
Jun 24, 2022
$666/mo
Sold
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
Active
Townhouse
Stu
3
Baths
2,260 ft²
$615/ft²
$1,390,000
Feb 13, 2024
-
$3,536/mo
Active
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