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In contract
  • $2,995,000

    139 Kingsland Ave, Brooklyn, NY 11222

    8beds
    3,467sqft
    Loading
    Multi Family
    Built in 1930
    -- sqft lot
    $2,813,500 Zestimate®
    $864/sqft
    $-- HOA

    What's special

    Laundry in every unit
    Fully Renovated 4-Family Investment in Williamsburg with a 6% Cap Rate! 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. Each of the four apartments offer: - Two beds and two full bathrooms - Laundry in every unit - Thoughtful, modern finishes and appliances throughout - A private, keyed storage unit for each apartment Two units enjoy private backyard access, and two units are enhanced with skylights that bring in beautiful natural light. The finished basement has private storage rooms offer an unexpected amenity that tenants genuinely appreciate. 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. With a net operating income of $181,581, the property is delivering approximately a 6% cap rate in Williamsburg. 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.
    187 days
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    57
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Corcoran 310-748-8668,

    Nicholas Hovsepian,

    Leslie Marshall

    Source: StreetEasy,MLS#: S1808325

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      • Full bathrooms: 8
      Rooms
      • Room types: Recreation Room
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Washer/Dryer
      • Laundry: Inside
      Features
      • Flooring: Hardwood
      Interior area
      • Total structure area: 3,467
      • Total interior livable area: 3,467 sqft

      Property

      Features
      • Patio & porch: Other
      • Exterior features: Garden
      • Has view: Yes
      • View description: Garden
      Details
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1930

      Community & HOA

      Community
      • Subdivision: Williamsburg
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $864/sqft
      • Annual tax amount: $9,312
      • Date on market: 1/27/2026

        Estimated market value

        $2,813,500

        $2.67M - $2.95M

        $5,678/mo

        Price history

        DateEventPrice
        4/20/2026Contingent$2,995,000$864/sqft
        Source: StreetEasy #S1808325 Report a problem
        1/27/2026Listed for sale$2,995,000-7.8%$864/sqft
        Source: StreetEasy #S1808325 Report a problem
        8/22/2025Listing removed$3,250,000$937/sqft
        Source: StreetEasy #S1772157 Report a problem
        6/17/2025Listed for sale$3,250,000+47.8%$937/sqft
        Source: StreetEasy #S1772157 Report a problem
        9/9/2024Listing removed$2,199,000$634/sqft
        Source: StreetEasy #1721963 Report a problem
        8/3/2024Price change$2,199,000-2.3%$634/sqft
        Source: StreetEasy #1721963 Report a problem
        6/12/2024Listed for sale$2,250,000$649/sqft
        Source: StreetEasy #1721963 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Williamsburg

        Getting around

        93 / 100
        Walker's Paradise
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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