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Property profile & analytics

398 Kings Hwy Brooklyn, NY 11223-1616

  • Retail residential properties
  • 70,280 SF
  • 0.27 lot acres
OFF-MARKET
Value Estimations
$21,845,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-0155599
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

  • Ofshtein Law Firm, P.C. / Law Firm
  • Brooklyn Affordable Screen Printing / (Bike/Boat/Book/etc) Store / Printing Service
  • Dervich Law - Real Estate, Real Results / Law Firm

Property Details for 398 Kings Hwy

Year built
2019
Lot size
0.27 lot acres
Property size
70,280 SF
Zone code
R7A
Property type
Retail residential properties
APN
06678-0073
APU
66780073

Description

This exceptional offering presents two lower-level office spaces, each spanning 200 square feet, located at 398 Kings Highway in Brooklyn, New York, 11223. Situated near the intersection of Kings Highway and West 2nd Street in Kings County, this property is ideally positioned for convenient access to public transportation. The building boasts a brand-new elevator, a significant advantage for tenants and visitors. Each suite is a traditional office space, also suitable for coworking arrangements, and features modern glass partitions. The rental price includes all utilities, minimizing operational expenses. Tenants enjoy access to shared amenities, including a well-equipped common area, a fully functional kitchen, and a dedicated conference room, fostering a collaborative and productive work environment. The multiple tenancy structure provides flexibility and a vibrant atmosphere. This is a rare opportunity to secure modern, efficient office space in a prime Brooklyn location.


Value Estimations

based on Realmo’s proprietary methodology
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $34,875,000
    Current use
    WAREHOUSE, STORAGE
    $35,220,000
    Change: +1% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.9753
Latitude
40.6043
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
$0.00
$0.00
$0.00
$0.00
-
$0.00
$0.00
$0.00
More about this property
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