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    1409 Kings Hwy Brooklyn, NY 11229

    Sponsored
    For Lease
    Contact for pricing

    Prime Kings Highway retail, two 2,000 sq ft spaces.

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located on Kings Highway near East 14th Street in Kings County, offers a total of 4,000 square feet of commercial space. The building is configured as two divisible units, each comprising 2,000 square feet on the ground floor and an additional 2,000 square feet in the basement. This presents a unique opportunity for multiple tenants or a single occupant seeking ample space. The property sits on a 0.05-acre lot and benefits from its highly desirable location, just two blocks from a train station, providing excellent accessibility for both employees and customers. The surrounding area boasts a strong presence of national tenants, creating a vibrant and successful commercial environment. This prime location is ideal for businesses seeking high visibility and convenient access to public transportation and major financial institutions. The property's proximity to national banks and excellent public transportation makes it an attractive option for a wide range of businesses. The current vacancy is 4,000 square feet, presenting an immediate opportunity for lease.

    Property Features for 1409 Kings Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF

    Unit(s) available at that property

    Space
    Basement
    Size
    2,000 SF
    Space
    Available Space
    Size
    2,000 SF

    HighLights

    • 4,000 SF retail building (2,000 SF ground floor, 2,000 SF basement) with two 2,000 SF divisible spaces available.
    • Located two blocks from a train station.
    • Strong national tenant presence in the immediate area.
    • Excellent location for national tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    NEWMARK Real Estate Agency Tumerkan Diamond Braces Cosmetic Dentist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9588741
    Latitude
    40.6086816

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    FAQs

    What type of property is this?
    Retail property - Prime Kings Highway retail, two 2,000 sq ft spaces.
    Where is this retail property located?
    The property is located at 1409 Kings Hwy Brooklyn, NY.
    What are key features of this property?
    This property features: 4,000 SF retail building (2,000 SF ground floor, 2,000 SF basement) with two 2,000 SF divisible spaces available.; Located two blocks from a train station.; Strong national tenant presence in the immediate area.
    Request Owner's contact information
    1409 Kings Hwy Brooklyn, NY 11229
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1409 Kings Hwy Brooklyn, NY 11229
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