About This Home

This 0-bedroom, 0-bathroom single family at 284 Kings Highway in Brooklyn, NY is listed for $3,899,000 ($582 per sqft). Built in 1931, the home offers 6,700 sqft of living space on a 0.05 acres lot.

Key Features

  • Built in 1931
  • 0.05 acre lot
  • 3 stories

Property Details

3 stories
1931
Listing Description

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.

Monthly Cost Estimate

$20,853/mo

20% down · 6.5% · 30 years

Principal$2,820
Interest$16,896
Insurance$1,137

Estimates only. Actual payments may vary.

Location

284 Kings Highway

Brooklyn, NY 11223

Property Details

Construction

Brick

Questions & Answers

This 0-bedroom, 0-bathroom single family at 284 Kings Highway is listed at $3,899,000 ($582/sqft). The estimated monthly payment is $20,852 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1931, 0.05 acre lot, 3 stories.

This property is listed by ShuYu (Linda) Zeng.

SZ

ShuYu (Linda) Zeng

Agent at Ashford Homes LLC

Listed by Ashford Homes LLC · Broker phone: (929) 364-1301

MLS# 504508· Source: Brooklyn New York Multiple Listing Service· 42 days on PropertySimple

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

284 Kings Highway, Brooklyn, NY 11223

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