Zoocasa Realty Inc., Brokerage

196 Highlawn Ave, Brooklyn, NY

Name: 196 Highlawn Ave, For Sale in Brooklyn - Zoocasa
Brand: B Square Realty
SKU: 1068180
Price: 1998000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,998,000

421

MLS® 1068180

Overview

Key Facts

Type Duplex

Levels Residential Income

Size 3200 sqft

Garage Yes

Taxes $17,156

Days Active 0

Lot Size 0.0418 Acres

Approx. Age 1931

Avg. Price Per Sqft $624

MLS® Number 1068180

Property Address: 196 Highlawn Ave, Brooklyn, NY, 11223-2670

Average square foot calculated using Size range provided by listing agent.

Description

Income-Producing Mixed-Use Property | Free-Market Rental Upside | Steps to Kings Highway N Train An attractive mixed-use investment opportunity in Brooklyn's established Gravesend neighborhood, ideally positioned just one block from the Kings Highway commercial corridor and less than 500 feet from the Kings Highway N subway station. Offering approximately 3, 200 SF of building space across two stories on a 1, 820 SF lot, the property features three ground-floor commercial spaces and two second-floor residential apartments, currently generating approximately $120, 459 in annualized gross rental income. The ground floor is occupied by a deli store, dental office, and thrift store, providing a diversified commercial tenant mix. The second floor features two free-market residential apartments, each configured with two bedrooms, a living area, kitchen, and bathroom. With all five units currently rented, the property offers an established rental income stream, while the free-market residential units provide potential for future rental growth and long-term investment upside. Additional features include a garage, five electric meters, and two gas meters, providing practical utility management and added convenience for long-term ownership. Situated near Kings Highway's established shopping and dining corridor, the property benefits from a convenient neighborhood setting with nearby restaurants, retail businesses, supermarkets, and local bus transportation.

MLS® Number1068180

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1931

BasementUnfinished

DrivewayGarage

Garage Spaces

HeatForced Air, Other

A/CWall/Window Unit(s)

Extras

Map

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
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