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196 Highlawn Avenue, Brooklyn, NY 11223

Brooklyn
Local realty services provided by:CENTURY 21 Motivated Access Realty
196 Highlawn Avenue,Brooklyn, NY 11223
$1,998,000
  • 4 Beds
  • 2 Baths
  • 3,200 sq. ft.
  • Multi-family
  • Active
Listed by: li li, sai xiang zheng
Office: b square realty
MLS#:1068180
Source:OneKey MLS

Price summary

  • Price:$1,998,000
  • Price per sq. ft.:$624.38

About this home

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...

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Home facts

  • Year built:1931
  • Listing ID #:1068180
  • Added:1 day(s) ago
  • Updated:October 29, 2026 at 04:39 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Dining Description:Formal Dining
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:3,200 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1931
  • Building area:3,200 sq. ft.
  • Lot area:0.04 Acres
  • Construction Materials:Brick

Schools

  • High school:High School Of Sports Management
  • Middle school:Is 228 David A Boody
  • Elementary school:Ps 215 Morris H Weiss

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,998,000
  • Price per sq. ft.:$624.38
  • Tax amount:$17,156 (2026)

Parking

  • Total parking spaces:1
  • Parking description:Garage
  • Garage:Yes
  • Garage spaces:1
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