Investor buys Gravesend mixed-use building

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Knakal Realty Services sold a mixed-use building at 478 Kings Highway
in the Gravesend neighborhood of Brooklyn to an investor for $1.3
million. Above three retail spaces on the ground level, the two-story
building has one three-bedroom apartment. The property contains about
3,400 square feet, with an additional 2,450 square feet of air rights,
and the property’s zoning also allows for commercial development.