Excellent income-producing mixed-use property featuring 4 residential family units and 2 storefronts in a desirable Brooklyn location. This property offers multiple income streams with strong rental potential, making it an excellent opportunity for investors seeking immediate cash flow and long-term appreciation.
The combination of residential and commercial spaces provides flexibility and stability, while the storefronts offer valuable street-level exposure for businesses. A great addition to any investment portfolio with strong income potential and significant upside.
The property consists of a deli and a restaurant on the first floor. There are two – 2 bedrooms apt and one 3 bedrooms along with an one bedroom apt. These 4 units have a rent increment for $200 per month in every Sept, the deli has a rent increment for $175 per month in every July and the restaurant also has a rent increment for $150 per month in every April.
The cap rate is 4.4 %
Don’t miss this opportunity to own a versatile Brooklyn mixed-use property with excellent income potential.
The combination of residential and commercial spaces provides flexibility and stability, while the storefronts offer valuable street-level exposure for businesses. A great addition to any investment portfolio with strong income potential and significant upside.
The property consists of a deli and a restaurant on the first floor. There are two – 2 bedrooms apt and one 3 bedrooms along with an one bedroom apt. These 4 units have a rent increment for $200 per month in every Sept, the deli has a rent increment for $175 per month in every July and the restaurant also has a rent increment for $150 per month in every April.
The cap rate is 4.4 %
Don’t miss this opportunity to own a versatile Brooklyn mixed-use property with excellent income potential.
Property Details
Price:
$3,899,000
MLS #:
504508
Status:
Active
Baths:
0
Type:
Single Family
Subtype:
Mixed Use
Borough:
Brooklyn
Neighborhood:
gravesend
Listed Date:
Sep 14, 2026
Finished Sq Ft:
6,700
Year Built:
1931
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Schools
Interior
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Financial
Map
Community
- Address284 Kings Highway Brooklyn NY
- NeighborhoodGravesend
- CityBrooklyn
- CountyKings (Brooklyn)
- Zip Code11223
Market Summary
Current real estate data for Single Family in Brooklyn as of Oct 20, 2026
600
Single Family Listed
140
Avg DOM
1,100
Avg $ / SqFt
$1,916,792
Avg List Price
Property Summary
- 284 Kings Highway Brooklyn NY is a Single Family for sale in Brooklyn, NY, 11223. It is listed for $3,899,000 and features 0 beds, 0 baths, and has approximately 6,700 square feet of living space, and was originally constructed in 1931. The current price per square foot is $582. The average price per square foot for Single Family listings in Brooklyn is $1,100. The average listing price for Single Family in Brooklyn is $1,916,792.
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