Commercial Condo with
C1-390 Kings Hwy Brooklyn, NY 11214
C1-390 Kings Hwy, Brooklyn, NY, 11214
$1,050,000
For Sale
$1,050,000
Commercial condo with open layout, high ceilings, HVAC, sprinklers, and elevator on a busy Kings Highway intersection.
Property Size3,200 SF
Price / SF$328.13
Days on Market207
Property Features for C1-390 Kings Hwy
General Information
- Standard status
- Active
- Size
- 3,200 SF
Listing agency
A P Services Inc
(347) 515-8272
Listed by
Aliaksei A. (Alex) Palaukou · License #AP8095
(347) 515-8272
Source
Exprealty
Added: Dec 27, 2025 Updated: Jul 20 at 6:28PM Checked: Jul 20 at 6:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of A P Services Inc
Investment Insights
Based on property information with market context.
This for-sale commercial condo offers approximately 3,200 square feet of open-concept space with high ceilings. The unit includes HVAC, a sprinkler system, and an elevator for tenant and customer convenience.
Located on Kings Highway in the heart of Gravesend at a highly visible intersection, the property benefits from heavy foot and vehicular traffic.
Designed for flexibility, the space can support retail, office, or store use, making it suitable for both owner-users and investors seeking a property with strong exposure.
Located on Kings Highway in the heart of Gravesend at a highly visible intersection, the property benefits from heavy foot and vehicular traffic.
Designed for flexibility, the space can support retail, office, or store use, making it suitable for both owner-users and investors seeking a property with strong exposure.
Key Highlights
- Commercial condo on Kings Highway in Gravesend with open‑concept layout and approx. 3,200 sq. ft. of versatile space
- High ceilings plus HVAC, sprinkler system, and elevator
- Located at a highly visible intersection with heavy foot and vehicular traffic
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $145.9k | $45.60 |
| − Vacancy | −$28.5k | −$8.89 |
| EGI | $117.5k | $36.71 |
| − OpEx | −$29.4k | −$9.18 |
| NOI | $88.1k | $27.53 |
3,200 SF · lease $45.60/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.26M
$1.10M – $1.47M
NOI $88,099 @ 7.0% cap · market cap 8.39%
Second Best
Retail
$822.1K
$719.3K – $959.1K
NOI $57,545 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$1.87M
$1.63M – $2.18M
NOI $130,671 @ 7.0% cap · market cap 12.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Commercial condo with open layout, high ceilings, HVAC, sprinklers, and elevator on a busy Kings Highway intersection.
Where is this office units located?
The property is located at C1-390 Kings Hwy Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Commercial condo on Kings Highway in Gravesend with open‑concept layout and approx. 3,200 sq. ft. of versatile space; High ceilings plus HVAC, sprinkler system, and elevator; Located at a highly visible intersection with heavy foot and vehicular traffic
