Property profile & analytics
1425 Kings Hwy Brooklyn, NY 11229-2087
- Retail residential properties
- 5,004 SF
- 0.04 lot acres
OFF-MARKET
Value Estimations
$1,820,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-0805232
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- New York Real Estate School in Brooklyn / Vocational School / Training Center
- Luba's Wellness Center / Wellness Program
- NYC License Courses Inc. / Training Center / Vocational School
- Ankara One Turkish Restaurant / Restaurant
- Brooklyn Ace Insurance School / Vocational School / Training Center
Property Details for 1425 Kings Hwy
- Year built
- 1910
- Lot size
- 0.04 lot acres
- Property size
- 5,004 SF
- Zone code
- C44A
- Property type
- Retail residential properties
- APN
- 06777-0029
- APU
- 67770029
Description
This turnkey restaurant opportunity in Brooklyn, NY, presents a unique chance to acquire an established business. Located at 1425 Kings Highway in the Midwood neighborhood, near Brooklyn College, this single-tenant space offers 1,500 to 2,500 square feet of operational area. The property is currently configured as a thriving Turkish restaurant, complete with furnishings and equipment, allowing for immediate operation. High sales volume and profitability are key features, supported by a dedicated clientele and staff. Financial details, including key money and rent, are available upon request. This fully operational restaurant offers the potential for continued success with the existing menu and staff, or the flexibility to adapt to a new concept. The property's prime location and established customer base provide a strong foundation for rapid return on investment. Immediate possession is available. The property is situated in Kings County, New York, with a zip code of 11229.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,325,000 Current use
- INDUSTRIAL (GENERAL)
- $2,840,000 Change: +22% Conversion: Moderate
- OFFICE BUILDING
- $2,755,000 Change: +19% Conversion: Easy
- WAREHOUSE, STORAGE
- $2,510,000 Change: +8% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9585
- Latitude
- 40.6089
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$64,404
$82,800
$617,400
$700,200
-
$184,000
$1,372,000
$1,556,000
