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166 Kings Highway, Brooklyn, NY, 11223

166 Kings Highway
$13,500,000

Key Information

$ per SF
$155
Tot. SF
17,425
Type
Retail

Highlights

  • 166 Kings Highway is a block-through development site with 485’ of wraparound corner frontage in Gravesend, Brooklyn.
  • The 17,425 SF vacant lot was recently rezoned to R7A / C2-4, allowing for development up to 87,300 buildable SF.
  • Given it’s exceptional frontage, visibility and scale, this site is perfect for retail anchored mixed use, multifamily, charter school, or community facility development.

MIH Rezoning Covenants:

  • Max 90 residential units
  • Up to 8 stories
  • Min 60 parking spaces
  • 2,500 SF community facility space
  • 25% of units at AMI level (MIH Option 1)
  • Shelter/supportive housing not permitted

Photos

Location

Agents

Broker of Record

Cory Rosenthal

License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203