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6,700 sqft

$3,899,000

284 Kings Highway, Brooklyn NY, 11223

Price per sqft$581.94
Built in1931
Property size6,700 sqft
Property typeMulti-family

Overview

Active

Listed Sep 14, 2026

Updated 3 weeks ago

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.

$25,940/mo

Est. mortgage payment based on a $3,899,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
504508

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$41,975
Tax Frequency
Annually

Listed by ShuYu (Linda) Zeng with Ashford Homes LLC
Listing Contact: 9293641301 

Based on information from Brooklyn Board of REALTORS®. Data last updated 9/15/2026. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Denise DeLeo shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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