139 Kingsland Avenue, Brooklyn, NY 11222
Local realty services provided by:CENTURY 21 Awaye Realty
139 Kingsland Avenue,Brooklyn, NY 11222
$2,995,000
- 8 Beds
- 8 Baths
- 3,467 sq. ft.
- Multi-family
- Active
Listed by: nicholas andrew hovsepian, leslie a marshall, stephanie wilberding
Office: corcoran group
MLS#:RLS20068854
Source:NY_REBNY
Price summary
- Price:$2,995,000
- Price per sq. ft.:$863.86
About this home
<strong>Fully Renovated 4-Family Investment in Williamsburg with a 6% Cap Rate!</strong><br> 139 Kingsland Avenue is a rare offering in Williamsburg: a fully gut-renovated four-family building where all of the hard work is already done and the numbers actually make sense from day one. This building was completely rebuilt from the inside out with new plumbing, electrical, and mechanical systems, and each residence was stylishly designed to keep long-term tenants.<br> Each of the four apartments offer<br> Two beds and two full bathrooms<br> Laundry in every unit<br> Thoughtful, modern finishes and appliances throughout<br> A private, keyed storage unit for each apartment<br> Two units enjoy private backyard access, and two units are enhanced with skylights that bring in beautiful natural light.<br> The finished basement has private storage rooms offer an unexpected amenity that tenants genuinely appreciate.<br> From an operational standpoint, this is as clean as it gets. Tenants pay their own heating and cooling, keeping owner expenses low. The property is Tax Class 2A with annual taxes under $10,000, which is extremely favorable for a four-family of this size and quality.<br> With a net operating income of <strong>$181,581</strong>, the property is delivering approximately a <strong>6% cap rate</strong> in Williamsburg.<br> This is a true turnkey, low-maintenance asset that offers immediate cash flow today and long-term appreciation in a neighborhood with consistently strong rental demand.<br>...
Contact an agent
Home facts
- Year built:1930
- Listing ID #:RLS20068854
- Added:87 day(s) ago
- Updated:April 25, 2026 at 10:33 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:8
- Rooms Total:16
- Basement:Yes
- Living area:3,467 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1930
- Building area:3,467 sq. ft.
- Levels:2 Story
Finances and disclosures
- Price:$2,995,000
- Price per sq. ft.:$863.86
- Tax amount:$9,312
Features and amenities
- Appliances:WasherDryerAllowed
- Laundry features:Washer Dryer Allowed
New listings near 139 Kingsland Avenue
- Open Sun, 2 to 3pmNew
$5,000,000Active6 beds 4 baths2,880 sq. ft.39 Schermerhorn Street, Brooklyn, NY 11201
MLS# RLS20086569Listed by: COMPASS - New
$2,750,000Active3 beds 2 baths2,700 sq. ft.230A 7th Street #THA, Brooklyn, NY 11215
MLS# RLS20086738Listed by: CORCORAN GROUP - Open Sun, 2 to 3:30pmNew
$925,000Active4 beds 3 baths672 sq. ft.972 Albany Avenue, Brooklyn, NY 11203
MLS# RLS20086722Listed by: CORCORAN GROUP - New
$1,348,000Active3 beds 3 baths2,838 sq. ft.730 Dunne Court, Brooklyn, NY 11235
MLS# 500851Listed by: RE/MAX EDGE - Coming Soon
$325,000Coming Soon2 beds 1 baths1200 E 53rd Street #3U, Brooklyn, NY 11234
MLS# 990475Listed by: 1 OAK REAL ESTATE HUB INC - New
$1,288,888Active4 beds 3 baths1,848 sq. ft.101 Remsen Avenue, Brooklyn, NY 11212
MLS# 990240Listed by: BOND PROPERTY MRKTING GRP LLC - New
$1,650,000Active6 beds -- baths3,200 sq. ft.1334 Pacific Street, Brooklyn, NY 11216
MLS# 990385Listed by: ISLAND ADVANTAGE REALTY LLC - New
$3,499,000Active6 beds 2 baths3,120 sq. ft.513 Grand Street, Brooklyn, NY 11211
MLS# 990423Listed by: CAPRI JET REALTY CORP - Open Sun, 11:30am to 1pmNew
$1,675,000Active2 beds 2 baths1,356 sq. ft.335 Warren Street #102, Brooklyn, NY 11201
MLS# RLS20084796Listed by: COMPASS - Open Sun, 1:30 to 2:30pmNew
$1,099,000Active2 beds 2 baths1,807 sq. ft.1230 Putnam Avenue #1, Brooklyn, NY 11221
MLS# RLS20086634Listed by: DOUGLAS ELLIMAN REAL ESTATE