Kings » 11223 » Kings Hwy » 470 Kings Hwy

470 Kings Highway, Brooklyn, NY 11223 - Property report

Also known as: 470 Kings Hwy

Property image for 470 Kings Highway, Brooklyn, NY 11223

Property type

Predominant Retail with Other Uses (K4)

Year built

1931

Lot sq. ft.

7,950

Sale price

$5,175,000

General information

Address

Primary address

470 Kings Highway

Alternate address(es)

1988-1998 McDonald Ave
470-476 Kings Hwy

ZIP code

11223

Neighborhood

Gravesend

Borough

Brooklyn

Block & lot

06680-0005

Building

Property type

Predominant Retail with Other Uses (K4)

Building sq. ft.

10,200

Building dimensions

75 ft x 106 ft

Buildings on lot

Stories

Year built

1931

Building material

Sales

Sale date

09/28/2023

Sale price

$5,175,000

Tax

Tax year

2026-2027

Property tax

$95,435

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

75 ft x 106.26 ft

Lot sq. ft.

7,950

Area overview

Walk score

94 /100. Walker's Paradise

Transit score

92 /100. Rider's Paradise

Bike score

71 /100. Very Bikeable

School district

Community district

Closest police station

0.90 Miles

Closest fire station

0.64 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 470 Kings Highway, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 470 Kings Highway, Brooklyn, NY 11223

Sale date	Sale price	Buyer name	Seller name
09/28/2023	$5,175,000	XXX XXXXX XXXXXXX XXX	XXXXXXXXXXXX, XXXXXXXX XXX XXXXXXXXXXXX, XXXXXX XXX XXXXXXXXXXXX, XXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/18/2026 - R 02/09/2026 - D	Mortgage (2026021700842001)	XXX XXXXX XXXXXXX XXX	XXXXXXXX XXXXX XXXX X X
10/13/2023 - R 09/28/2023 - D	Deed (2023101100430002)	XXXXXXXXXXXX XXXXXXXX	XXX XXXXX XXXXXXX XXX
10/13/2023 - R 09/21/2023 - D	Deed (2023101100430001)	XXX XXXXX XXXXXX XXX	XXXXXXXXXXXX XXXXXXXX
01/12/2026 - R 09/20/2023 - D	Partial Release of Mortgage (2026011200870001)	XXXXXXXX XXXXXXX XXXXXXXXXXX	XXX XXXXX XXXXXX XXX
10/13/2023 - R 09/20/2023 - D	Termination of Assign of L&R (2023101100430004)	XXXXXXXX XXXXXXX XXXXXXXXXXX	XXX XXXXX XXXXXX XXX
10/13/2023 - R 09/20/2020 - D	Partial Release of Mortgage (2023101100430003)	XXXXXXXX XXXXXXX XXXXXXXXXXX	XXX XXXXX XXXXXX XXX
12/09/2019 - R 11/15/2019 - D	Assignment of Leases and Rents (2019120600220004)	XXX XXXXX XXXXXX XXX	XXXXXXXX XXXXXXX XXXXXXXXXXX
12/09/2019 - R 11/15/2019 - D	Agreement (2019120600220003)	XXX XXXXX XXXXXX XXX	XXXXXXXX XXXXXXX XXXXXXXXXXX
12/09/2019 - R 11/15/2019 - D	Mortgage (2019120600220002)	XXX XXXXX XXXXXX XXX	XXXXXXXX XXXXXXX XXXXXXXXXXX
12/09/2019 - R 11/15/2019 - D	Termination of Assign of L&R (2019120600220001)	XXXXXXX XXXXXXX XXXXXXXXXXX	XXXX XXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 470 Kings Highway, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$95,435

Municipal exemptions

Recent tax assessments

Market value

$1,955,000

Assessed value

$879,750

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$2,193,000	$986,850	$942,570	10.848%	$102,250	$102,250	+10.54%
2024/25	$1,910,000	$859,500	$859,500	10.762%	$92,499	$92,499	+0.19%
2023/24	$1,937,000	$871,650	$871,650	10.592%	$92,325	$92,325	-18.11%
2022/23	$2,419,000	$1,088,550	$1,059,030	10.646%	$112,744	$112,744	+15.67%
2021/22	$2,014,000	$906,300	$906,300	10.755%	$97,473	$97,473	-9.96%
2020/21	$2,648,000	$1,191,600	$1,012,280	10.694%	$108,253	$108,253	+9.96%
2019/20	$2,331,000	$1,048,950	$934,340	10.537%	$98,451	$98,451	+6.13%
2018/19	$2,355,000	$1,059,750	$882,320	10.514%	$92,767	$92,767	+6.46%
2017/18	$2,058,000	$926,100	$828,770	10.514%	$87,137	$87,137	+10.10%
2016/17	$1,994,000	$897,300	$748,440	10.574%	$79,140	$79,140	+12.29%

Permits

Permit information for 470 Kings Highway, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
07/25/2025	Alteration
06/16/2025	Alteration
04/24/2025	Alteration
04/24/2025	Alteration
03/14/2025	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Listings

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

McDonald Ave & Kings Hwy at SW Corner

Station lines

Distance (miles)

0.01

View subway map

Access the detailed traffic volume map for 470 Kings Highway, Brooklyn, NY 11223 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Nearby ZIP codes for 470 Kings Highway, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11230, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 470 Kings Highway, Brooklyn, NY 11223?

The development at 470 Kings Highway, Brooklyn, NY 11223 was built in 1931.

What is the market value of 470 Kings Highway, Brooklyn, NY 11223?

The current market value of 470 Kings Highway, Brooklyn, NY 11223 is $1,955,000.

What is the total square footage of 470 Kings Highway, Brooklyn, NY 11223?

470 Kings Highway, Brooklyn, NY 11223 has a total of 10,200 square feet.

What is the price per square foot for this property?

$507 per square foot is the price for 470 Kings Highway, Brooklyn, NY 11223.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 7.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.