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    535 Kings Hwy Brooklyn, NY 11223

    Sponsored
    For Lease
    $50 SF/Yr ($10,000 /Mo)

    Prime Brooklyn Retail, 2400 sq ft, Two Floors

    Lot size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail space at 535 Kings Highway in Brooklyn, New York, offers a fantastic opportunity for a discerning business. Located in a bustling area of Kings County, this single-tenant property boasts a prime location alongside high-end restaurants, gift shops, clothing boutiques, and specialty stores, ensuring high foot traffic and visibility. The building, constructed in 1931, comprises 2,400 square feet spread across two floors. The main floor offers a spacious 20' x 85' layout, perfectly suited for a variety of retail uses. A sizable basement, measuring 20' x 65', provides additional storage or expansion potential, accessible from the interior. The property is being delivered as a "vanilla box," allowing for complete customization to suit the tenant's specific needs and vision. The lot size is 1,700 square feet. This property presents a unique chance to establish a thriving business in a vibrant and established commercial district. All offers and proposed uses are welcome. The zip code is 11223.

    Property Features for 535 Kings Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,400 SF
    Total Rate
    10000

    Building Details

    Year Built
    1931
    Stories
    2

    Unit(s) available at that property

    Space
    535 Kings Highway
    Size
    2,400 SF
    Rate per SF
    $49
    Property Profile Location Intelligence

    Current Use by Public Records

    Mint Brooklyn Kosher Restaurant

    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 (Brooklyn)
    State
    New York
    Longitude
    -73.9696419
    Latitude
    40.6047236

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    FAQs

    What type of property is this?
    Retail property - Prime Brooklyn Retail, 2400 sq ft, Two Floors
    Where is this retail property located?
    The property is located at 535 Kings Hwy Brooklyn, NY.
    What is the lease rate?
    The lease rate is $49 SF/Yr.
    Request Owner's contact information
    535 Kings Hwy Brooklyn, NY 11223
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    Brooklyn, NY 11223
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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
    535 Kings Hwy Brooklyn, NY 11223
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