139 Kingsland Ave - Apartments FOR SALE


Brooklyn, NY 11222- Williamsburg
$3,250,000 USD
917-650-8744
139 Kingsland Ave, Brooklyn, NY for Sale
$3,250,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

139 Kingsland Ave
Brooklyn, NY 11222
Williamsburg


OVERVIEW

Excellent Investment Opportunity – Fully Renovated 4-Family in Prime Greenpoint Location Don't miss this rare chance to own a fully gut-renovated 4-family property in one of Brooklyn’s most desirable neighborhoods. Located in the heart of Greenpoint, this turnkey investment features: Four Spacious Units: Each apartment offers 2 bedrooms, 2 baths with top of the line finishes and applicances, washer and dryer in every unit. Every apartment comes with its own secure, keyed storage unit, providing extra space and peace of mind 2 units with private backyard. 2 units with skylight. Complete Renovation: The building was fully gutted and renovated with all-new systems, including plumbing, electrical, and mechanicals. Finished Basement: A stylish resident lounge with a ping pong table, TV and the private storage units – perfect for relaxing or entertaining guests Strong Rental Income: Projected gross rental income of $222,000 annually. Tenant-Paid Heat: Tenants are responsible for their own heating, minimizing owner expenses. Favorable Tax Class: Classified as Tax Class 2A, with annual taxes under $10,000. With high rental demand in Greenpoint, this property offers both immediate cash flow and long-term appreciation. A true gem for investors seeking a low-maintenance, high-yield asset in a thriving neighborhood. hide full description

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$1,354 USD /SF

# OF UNITS

10

PRICE/UNIT

$325,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,009 SF

ZONING

R6B

APN/PARCEL ID

02829-0022

ASK ABOUT THIS PROPERTY

Zachi KorenReal Estate Leonard LLCMore Info
917-650-8744

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Zachi KorenReal Estate Leonard LLCMore Info
917-650-8744

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.