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708 Kings Highway, Brooklyn, NY 11223 Property Information

708 Kings Highway, Brooklyn, NY 11223 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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708 Kings Highway, Brooklyn, NY 11223 1
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Address

Primary address 708 Kings Highway
Neighborhood Homecrest
Zip code 11223
Borough Brooklyn
Block & lot 06664-0053

Sales & Tax Overview for 708 Kings Highway, Brooklyn

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Purchase date 01/05/2023
Purchase price $1,900,000
Tax class

Lot & Building Information for 708 Kings Highway, Brooklyn

Lot sq. ft. 2,240
Lot dimensions 18.75 ft x 119.67 ft
Property type Predominant Retail with Other Uses (K4)
Building sqft 2,584
Building dimensions 19 ft x 68 ft
Buildings on lot 1
Stories 2
Year built 1931
Year last altered 1998
Construction type
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Zoning & Use for 708 Kings Highway, Brooklyn

Zoning
Commercial units 3
Office sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 21
Community district 15
Closest police station 0.83 Miles
Closest fire station 0.39 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 708 Kings Highway, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 708 Kings Highway, Brooklyn, NY 11223, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 708 Kings Highway, Brooklyn, NY 11223, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 708 Kings Highway, Brooklyn

How many sq. ft. does 708 Kings Highway, Brooklyn, NY 11223 have & what is the price per sq. ft?

This Predominant Retail with Other Uses (K4) located at 708 Kings Highway, Brooklyn, NY 11223 has a total of 2,584 square feet and a current price per square foot of $735.

What is the year built & the current market value of 708 Kings Highway, Brooklyn, NY 11223?

708 Kings Highway, Brooklyn, NY 11223 was built in 1931 and has a current tax assessor's market value of $451,000.

How many commercial spaces does this building have?

This building has 3 commercial spaces available for lease.

Ownership Information for 708 Kings Highway, Brooklyn

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Property owner name for 708 Kings Highway, Brooklyn, NY 11223
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Building contacts for 708 Kings Highway, Brooklyn, NY 11223
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Hubble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
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Past Sales & Property History for 708 Kings Highway, Brooklyn

Create a free account to view the complete sales history for 708 Kings Highway, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
01/05/2023 $1,900,000
12/06/2021 $500,000
       
       
       
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Title Documents for 708 Kings Highway, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
02/22/2023 - R
02/21/2023 - D
Zoning Lot Description
(2023022101078002)
02/22/2023 - R
02/21/2023 - D
Certificate
(2023022101078001)
01/12/2023 - R
01/05/2023 - D
Deed
(2023011100680001)
11/16/2022 - R
11/14/2022 - D
Partial Release of Mortgage
(2022111500538001)
12/20/2021 - R
12/06/2021 - D
Mortgage
(2021120900474003)
12/20/2021 - R
12/06/2021 - D
Deed
(2021120900474002)
09/26/2002 - R Deed
(3070008873007)
08/10/1989 - R Deed
(3900001475790)
04/01/1987 - R
03/26/1987 - D
Deed
(3870001253687)
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R: Recorded date
D: Document date

Property Taxes for 708 Kings Highway, Brooklyn

Access detailed property tax data for 708 Kings Highway, Brooklyn, NY 11223. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $18,921
Tax assessor's market value: $451,000
Assessed value: $202,950

Assessment History for 708 Kings Highway, Brooklyn

Here's the assessment & property tax history for 708 Kings Highway, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $441,000 $198,450 $157,410 10.848% $17,076 $17,076 +6.40%
2024/25 $387,000 $174,150 $149,130 10.762% $16,049 $16,049 +3.73%
2023/24 $365,000 $164,250 $146,070 10.592% $15,472 $15,472 +9.85%
2022/23 $294,000 $132,300 $132,300 10.646% $14,085 $14,085 +11.08%
2021/22 $262,000 $117,900 $117,900 10.755% $12,680 $12,680 -15.66%

Permits for 708 Kings Highway, Brooklyn

The complete history of permits filed for 708 Kings Highway, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
04/17/2023 Alteration
03/14/2023 Alteration
02/28/2023 Alteration
02/22/2023 Alteration
02/14/2023 Alteration
01/27/2023 Alteration
01/26/2023 Alteration
02/13/2001 Alteration type 1
06/10/1998 Alteration type 2
06/09/1998 Alteration type 2
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station McDonald Ave & Kings Hwy at SE Corner
Station lines F
Distance (miles) 0.385
View subway map

Neighbors for 708 Kings Highway, Brooklyn

Here are the neighbors for 708 Kings Highway, Brooklyn, NY 11223.

Address Square feet Purchase date Purchase price
1760 E 8th St, Brooklyn 5,490 06/08/2007
1779 E 7th St, Brooklyn 2,600 06/28/2022
1791 E 7th St, Brooklyn 2,600 09/12/2019
710 Kings Hwy, Brooklyn 2,584 12/10/1987
728 Kings Hwy, Brooklyn 3,268 02/09/2009
706 Kings Hwy, Brooklyn 2,584 06/21/2016
1783 E 7th St, Brooklyn 2,600 09/16/2024 $2,150,000
1789 E 7th St, Brooklyn 2,600 03/09/1998
714 Kings Hwy, Brooklyn 2,584 04/20/2005
1777 E 7th St, Brooklyn 2,600 10/20/2020
718 Kings Hwy, Brooklyn 2,584 04/19/2013 $825,000
1766 E 8th St, Brooklyn 2,868 11/26/2002
702 Kings Hwy, Brooklyn 4,860 10/03/2000
1795 E 7th St, Brooklyn 2,600 12/08/1994
712 Kings Hwy, Brooklyn 2,584 08/28/1996
722 Kings Hwy, Brooklyn 2,292 09/11/2007 $900,000
724 Kings Hwy, Brooklyn 2,584 07/01/1998
704 Kings Hwy, Brooklyn 3,249 12/27/2012 $950,000
1785 E 7th St, Brooklyn 2,600 05/10/2023
720 Kings Hwy, Brooklyn 2,584 08/21/2014
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