Property Listing No Longer Available for Sale

300 Kings Highway, Brooklyn, NY

Retail for Sale - $2,500,000 - 3,200 Sq. Ft. on 0.05 acres


Property Info

CIMLS#1047799
Location
  300 Kings Highway
  Brooklyn NY 11223
UpdatedMay 24th, 2019
TypeRetail
Price$2,500,000
Building3,200 Sq. Ft.
Land0.05 acres

Property Description

Coldwell Banker Reliable Commercial Division is pleased to offer 300 Kings Highway for sale. Prime retail property featuring 3,200 SF, including a 1,400 SF lower level. The residential and facility FAR is 4, allowing for 7,860 total build-able SF. Kings Highway is a major retail corridor with high vehical and pedistrian traffic counts. The site is suitable for a variety of tenants.

Projections:

$134,000 annual revenue

NNN Lease

5.36% Cap Rate


Financials

Projections:

$134,000 annual revenue

NNN Lease

5.36% Cap Rate



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