Updated 12 days ago

196 Highlawn Ave

Bensonhurst, Brooklyn | West 6th Street & West 5th Street

10 Rooms4 Beds2 Baths3,200 Square FeetMixed Use

$1,998,000
floors / apts2 / 2
Lot Size20'x91'
Built Size20'x80'
ZoneR5B
Building TypeLow-Rise
RE Taxes$17,156
Price Per SF
$624

Outdoor space and views

  • Backyard

Building Amenities

  • Driveway

Property Description for 196 Highlawn Ave

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 residential units provide potential for future rental growth and long-term investment upside. Additional features include a garage, five electric meters, and two gas meters, providing practical utility management and added convenience for long-term ownership. Situated near Kings Highway's established shopping and dining corridor, the property benefits from a convenient neighborhood setting with nearby restaurants, retail businesses, supermarkets, and local bus transportation.

Listing History for 196 Highlawn Ave

Now
10/29/2026
$1,998,000
Initial Price by Barbie Li
B Square Realty
02/13/2026
Expired by Barbie Li
B Square Realty

Building Details for 196 Highlawn Ave

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts2/2
Learn More About the Building

Transit and Citi Bike

Subway

Kings Hwy
0.1 miles
Kings Hwy
0.33 miles
Avenue U
0.4 miles
Avenue P
0.49 miles

Contact Agents

Contact Agents

Barbie Li
B Square Realty
Licensed As
Sai Xiang Zheng
Salesperson
License#:
10401383148
Company:
B Square Realty
View this property on the company's website

Bensonhurst | Brooklyn

Quick Profile

Bensonhurst is a densely populated residential neighborhood with a bustling business district in the southwest section of Brooklyn. It’s a storied neighborhood and is considered to be the most ethnically diverse neighborhood in New York City.

Technically, Bensonhurst doesn’t quite have the same clean-cut boundaries the way other neighborhoods do. It has an odd shape that intertwines with the surrounding communities of Bath Beach, Dyker Heights, Borough Park and Mapleton. The neighborhoods are sometimes mistaken for Bensonhurst and vice versa. It’s bordered by 14th Avenue, which is to the northwest, 60st Street and McDonald Avenue to the northeast, Avenue S to the southeast, and 86th Street to the southwest.

You won’t find that many luxury building developments in this neck of the woods either. Much of the Bensonhurst neighborhood still has that old Brooklyn charm. It’s architecture comprises co-ops, condos, single-family attached, semi-attached, fully-detached homes, and also multi-family homes. It’s a healthy mix of quiet residential blocks and bustling commercial thoroughfare, especially along 86th Street. Bensonhurst has many similarities to Bath Beach, it’s immediate neighbor to the south.

Bensonhurst was once part of New Utrecht, which was one of the original six towns within Kings County. It was later absorbed into what we know as modern day Brooklyn. It is named after the Benson family, who were farmers and landowners and controlled much of Bensonhurst and parts of Bath Beach.

In its early history, Bensonhurst was mostly Italian-Americans and Jewish immigrants. In recent years the neighborhood has seen many Chinese, Russian, Middle Eastern and Mexican residents who call Bensonhurst home.

Besides the ethnic enclaves residing in Bensonhurst, the neighborhood is also attracting younger residents and families. The cost of living is considerably less compared to other parts of Manhattan and Brooklyn. In 2019, the homeownership rate in Bensonhurst was 36.5%, higher than the citywide share of 31.9%.

The D, N, and F service Bensonhurst and will shoot you straight into Midtown Manhattan where bus lines service the rest of the borough.

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 49013TH