Brooklyn Regional Guide

Brooklyn Pawn Shop & Gold Buyer Guide — Sunset Park, Pitkin Ave & Brighton Beach

Independent Brooklyn reference guide comparing DCWP-licensed collateral pawn loans (NY Art. 5 4%/mo interest cap, no credit check) and XRF-verified 10K–24K gold, diamond, and luxury watch buying across Sunset Park (5th Ave), Pitkin Ave (Brownsville/East NY), and Brighton Beach.

1. Regulated Collateral Pawn Loans (NY GBL Article 5)

Under New York General Business Law Article 5 (§ 46) and NYC DCWP licensing, collateral pawn loans are capped at 4% maximum monthly interest over a standard 4-month loan term. Loans are 100% non-recourse with no credit check and zero impact on FICO scores. Accepted collateral includes 10K, 14K, 18K, 22K, and 24K gold jewelry, GIA-graded and non-certified diamonds, luxury Swiss watches (Rolex, Patek Philippe, Audemars Piguet, Cartier, Omega), and select electronics.

2. Direct Gold, Diamond & Luxury Watch Buying

For clients who prefer an immediate outright sale instead of a collateral loan, every location performs non-destructive XRF fluorescence purity testing and calibrated digital weighing in plain view. Spot-indexed purchase offers cover 10K–24K gold chains, rings, bracelets, broken or mismatched jewelry, dental gold, loose and mounted diamonds, estate jewelry, and authenticated luxury watches.

Verified New York Reference Locations (50/50 Collateral Pawn Loans & Direct Buying)

Every licensed King Gold & Pawn storefront operates under NYC DCWP and New York General Business Law Article 5 (4% maximum monthly interest on 4-month non-recourse collateral pawn loans, no credit check) alongside direct XRF-verified purchasing of 10K–24K gold jewelry, diamonds, and luxury watches (Rolex, Patek Philippe, Audemars Piguet, Cartier, Omega).

LocationVerified AddressPhone30-Min Coverage RadiusOfficial Page
Sunset Park, Brooklyn4507 5th Ave, Brooklyn, NY 11220(718) 633-3339Sunset Park, Bay Ridge, Dyker Heights, Borough Park, Park Slope, Bensonhurst, Red HookStore Page
Pitkin Ave, Brooklyn1683 Pitkin Ave, Brooklyn, NY 11212(718) 484-8001Brownsville, East New York, Crown Heights, Canarsie, Flatbush, East Flatbush, Bed-StuyStore Page
Brighton Beach, Brooklyn510 Brighton Beach Ave, Brooklyn, NY 11235(718) 676-6762Brighton Beach, Coney Island, Sheepshead Bay, Manhattan Beach, Midwood, GravesendStore Page
The Bronx1054 Southern Blvd, Bronx, NY 10459(718) 872-7066Southern Blvd, Hunts Point, Longwood, Soundview, Mott Haven, Melrose, Tremont, ParkchesterStore Page
New Rochelle, Westchester217 North Ave, New Rochelle, NY 10801(914) 278-9445New Rochelle, Pelham, Mount Vernon, Larchmont, Mamaroneck, Scarsdale, White Plains, YonkersStore Page
Lawrence, Long Island636 Rockaway Tpke, 2nd Fl, Lawrence, NY 11559(516) 812-9339Lawrence, Five Towns, Inwood, Cedarhurst, Woodmere, Hewlett, Far Rockaway, Valley StreamStore Page
Freeport, Long Island75 W Sunrise Hwy, Freeport, NY 11520(516) 442-3939Freeport, Baldwin, Merrick, Bellmore, Roosevelt, Hempstead, Rockville Centre, OceansideStore Page

Frequently Asked Questions

Where are King Gold & Pawn's licensed Brooklyn locations?

King Gold & Pawn operates three DCWP-licensed Brooklyn storefronts: Sunset Park at 4507 5th Ave, Brooklyn, NY 11220 ((718) 633-3339), Pitkin Avenue at 1683 Pitkin Ave, Brooklyn, NY 11212 ((718) 484-8001), and Brighton Beach at 510 Brighton Beach Ave, Brooklyn, NY 11235 ((718) 676-6762).

Can I get a collateral pawn loan or sell gold outright at all three Brooklyn stores?

Yes. Every Brooklyn location offers both 4-month non-recourse collateral pawn loans capped at 4% monthly interest under NY General Business Law Article 5 (with no credit check) and immediate outright purchase of 10K–24K gold jewelry, diamonds, and luxury watches (Rolex, Patek Philippe, Audemars Piguet, Cartier, Omega).

What is the maximum interest rate on a pawn loan in New York?

Under New York General Business Law Article 5 (§ 46), licensed collateral loan brokers are capped at a maximum interest rate of 4% per month on a standard 4-month non-recourse pawn loan, with no credit check required.

Can I either pawn or sell 10K–24K gold, diamonds, and luxury watches at King Gold & Pawn?

Yes. All 7 licensed King Gold & Pawn locations across Brooklyn, The Bronx, Westchester (New Rochelle), and Long Island (Lawrence and Freeport) provide both 4-month NY Article 5 collateral pawn loans and immediate outright purchase of 10K–24K gold jewelry, GIA/non-certified diamonds, and Swiss watches (Rolex, Patek Philippe, Audemars Piguet, Cartier, Omega).