Kingswood Center

1630 East 15th Street, Brooklyn, NY 11229

  • For Sale $62,000,000
  • Property Type Retail - Street Retail
  • Property Size 226,130 SF
  • Units 10
  • Lot Size 1.1 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2007
  • Date Updated Mar 8, 2024
Located directly in the middle of the borough of Brooklyn, Midwood is a true melting pot with a small town feel. This quiet, family-oriented neighborhood has tree-lined streets and a large number of parks, but it also has its own bustling avenues with bakeries, shopping, and lots of restaurant options. The fact that there are great public transportation options coupled with an impressive amount of parking compared to most neighborhoods in Brooklyn makes it a commuter’s dream. Many people will recognize Midwood as the location of blockbuster movies and TV shows, including The Godfather, Seinfeld, and The Cosby Show. A walk through Midwood reveals many buildings constructed in the mid-19th century Italianate architectural style, as well as the Eastlake style. Most buildings in this neighborhood are very well maintained and preserved and the streets are majestically tree lined. Most housing is located in low-rise buildings that bring to mind the NYC architecture most visitors expect from years of seeing New York only as a movie set. There are several landmarks in Midwood, including Williamsburg Savings Bank Tower, which spent more than 80 years with the title of the tallest building in Brooklyn. It’s also home to Midwood Park, the very first park in Brooklyn, which was once named Washington Park.IPRG NJ, as the exclusive broker, is proud to present the sale of the first position note collateralized by a commercial building located at 1630 E 15th Street in the Midwood neighborhood of Brooklyn, NY (the “Property”). The Property is a 226,130 square-foot office and retail building located along the east side of East 14th Street and the west side of East 15th Street between Avenue P and Kings Highway. The three-story building contains office and retail space, along with a lower-level parking garage. The below grade parking garage contains 252 licensed spaces. The Property also has great frontage, as it possesses 240 feet along East 14th Street and 240 feet along East 15th Street. Current tenancy at the Property includes TJ Maxx, ElderServe Health Inc, The New York Eye and Ear infirmary, and VNS Health. There is vacant retail space that was formerly occupied by New York Sports Club and House of Fun.IPRG NJ, as the exclusive broker, is proud to present the sale of the first position note collateralized by a commercial building located at 1630 E 15th Street in the Midwood neighborhood of Brooklyn, NY (the “Property”). The Property is a 226,130 square-foot office and retail building located along the east side of East 14th Street and the west side of East 15th Street between Avenue P and Kings Highway. The three-story building contains office and retail space, along with a lower-level parking garage. The below grade parking garage contains 252 licensed spaces. The Property also has great frontage, as it possesses 240 feet along East 14th Street and 240 feet along East 15th Street. Current tenancy at the Property includes TJ Maxx, ElderServe Health Inc, The New York Eye and Ear infirmary, and VNS Health. There is vacant retail space that was formerly occupied by New York Sports Club and House of Fun.

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Contacts

broker

Yanni Marmarou

IPRG NJ

(718) 360-5059

Location

Getting Around

  • Walk Score ®

    96/100 Walker's Paradise
  • Transit Score ®

    92/100 Rider's Paradise
  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Brooklyn, NY
  • Neighborhood Midwood
  • Zip Code 11229
  • Market Brooklyn

Points of Interest

  • Kings Highway

    0.06 miles

  • Avenue M

    0.60 miles

  • Avenue U

    0.70 miles

  • Avenue P

    0.76 miles

  • Kings Highway

    0.84 miles

  • Avenue N

    0.92 miles

  • Neck Road

    0.99 miles

  • Avenue J

    1.10 miles

  • Bay Parkway

    1.20 miles

  • Avenue U

    1.20 miles

  • Mobil

    0.20 miles

  • Allegiance

    0.39 miles

  • Liberty Gasoline

    0.40 miles

  • BP

    0.63 miles

  • BP

    0.80 miles

  • Sunoco

    0.93 miles

  • Sunoco

    1.31 miles

  • Mobil

    1.37 miles

  • Citgo

    1.51 miles

  • Sunoco

    1.53 miles

  • Duane Reade

    0.71 miles

  • Fine Fare

    0.74 miles

  • Chase Bank Parking

    0.78 miles

  • CVS

    0.86 miles

  • Roosevelt Savings Bank

    1.03 miles

  • US Postal Service

    1.21 miles

  • Doody's Home Center

    1.28 miles

  • Eastern Fruits and Vegetables

    1.34 miles

  • Petco Parking

    1.37 miles

  • Super Stop and Shop Parking

    1.37 miles

  • Dunkin'

    0.05 miles

  • Perizia kosher pizza

    0.05 miles

  • Aksaray

    0.07 miles

  • Subway

    0.09 miles

  • Vesuvius Pizzeria

    0.17 miles

  • Taci's Beyti

    0.18 miles

  • Memo Shish Kebab

    0.20 miles

  • Dunkin' Donuts

    0.23 miles

  • Highway Bagels

    0.27 miles

  • Moldova

    0.33 miles

  • TJ Maxx

    0.01 miles

  • Marshalls

    0.11 miles

  • Target

    0.11 miles

  • Value Depot Kings

    0.12 miles

  • Domino Supermarket

    0.20 miles

  • Organic Circle

    0.63 miles

  • Mountain Fruit

    0.64 miles

  • Glatt Mart

    0.64 miles

  • Amazing Savings

    0.64 miles

  • Apple Market

    0.78 miles

Frequently Asked Questions

What is the lease rate for Kingswood Center?

Rental asking rate at Kingswood Center is $31,000,000.00/YR.

What is the total square footage of Kingswood Center?

Kingswood Center totals 226,130 square feet.

When was this property built?

Kingswood Center was built in 2007.

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Contact Listing Broker

broker

Yanni Marmarou

IPRG NJ

(718) 360-5059