Prime Full Triangular Block-Front Development Site
$14,000,000
166 Kings Highway, Brooklyn, NY 11223
17,425 sqft
Lot Area
R6B | R7A/C2-4/MIH
Zoning
Details:
Highlights:
- Approved City Council Rezoning (R7A/C2-4 / MIH): Fully approved in June 2025, eliminating public review risk and unlocking ~87,300 buildable SF for immediate development.
- Full Triangular Block Frontage: Prominent multi-frontage exposure along Kings Highway, Quentin Road, and West 12th Street on a mostly vacant 17,425 SF parcel.
- Well-Advanced Project Plans (~90 Units): Architectural plans call for an 8-story cap with 90 units (43 one-beds, 34 two-beds, 13 three-beds), ~8,600 SF of prime retail, a 2,500 SF community facility, and 60 cellar parking spaces.
- Attractive Basis At $14.0M ($160/BSF): Positioned at an actionable price point in a dense, highly sought-after South Brooklyn retail and transit corridor near the N and F subway lines.
Description:
KSR has been exclusively retained to represent 166 Kings Highway, a prime full triangular block-front development site at the intersection of Kings Highway, Quentin Road, and West 12th Street in Gravesend, Brooklyn, NY 11223.
The property is a single triangular parcel — Block 6619, Lot 42 — totaling 17,425 SF with expansive block-front dimensions including over 211' along Kings Highway and 140' along Quentin Road. Rezoned to R7A, C2-4 with Mandatory Inclusionary Housing (MIH) approved by the City Council in June 2025, the site permits ~87,300 buildable SF for an 8-story mixed-use building consisting of 90 residential units, ~8,600 SF of ground-floor retail, a mandatory 2,500 SF community facility, and 60 cellar parking spaces.
The site will be delivered mostly vacant with all public review and municipal entitlement hurdles fully completed. An Architectural Survey and preliminary schematic designs have been finalized, offering an incoming buyer an expedited path directly to final construction documents and permit approvals. Located within a high-foot-traffic commercial district near the Kings Highway N and W subway stations, the site provides immediate access to South Brooklyn's core retail offerings and direct transit connectivity to Downtown Brooklyn and Manhattan.
Documents:
| Title | ||
|---|---|---|
| Offering Memorandum |
Location
Gallery