Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,930,000

· Closed October 12, 2018

242 Kingsland Avenue
Closed For Sale Multi Family

$2,930,000

242 Kingsland Avenue

Greenpoint, Brooklyn

MLS® #RLS10420866

RLS at REBNY

Listing by The Corcoran Group

12

Bedrooms

6

Baths

N/A

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 12
Bathrooms 6
Year Built 1931
Neighborhood Greenpoint

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1931)

Property Details

Type Multi Family
Total Rooms 24
Baths null Full
Pets Yes
Cross Street Nassau Ave
Year Built 1931
Architectural Style Prewar
Parcel # 02689-0076

Listing History

Event Date Price Change
Listed Jul 25, 2018 $2,975,000 -
Currently May 7, 2026 $2,930,000 -1.5%

Description

242 Kingsland Avenue is a well maintained 6-unit, 3 story brick building with a full height cellar. It spans approximately 6,500 sq ft and has been consistently renovated over the years. The apartments are in great condition with modern kitchens and bathrooms. The mechanical systems are also up to date. Situated on a lovely tree lined street, the building is built 25' x 65'.

Projected Rent Roll: $180,000
Current annual taxes: $10,402
Other annual expenses: $11,000
Lot: 25100
Built: 25x65
Units: six (5 apt's are free market / 1 apt is rent stabilized)
Stories: 3 + full height cellar
There are separate electric meters and cooking gas meters for each unit.
242 Kingsland is a functioning investment property with 2 vacancies ready for immediate occupancy. Near the L train at Graham and the G train at Nassau, B48 Bus. You can be in Manhattan in 30 minutes.

Building Information

Greenpoint is a neighborhood that perfectly balances its industrial heritage with a modern, creative spirit. Known for its stunning views of the Manhattan skyline and its rich industrial heritage, the area has become a premier destination for luxury living. The real estate landscape features a mix of historic multi-family homes, converted factory lofts, and a new wave of high-end glass towers along the East River waterfront.

Greenpoint Live Market Data

View Neighborhood

Active Listings

50

Median Asking Price

$1.93M

Median $/Sqft

$1,495

Avg Days on Market

N/A

New This Week

4

Price Reduced

18%

Sold (30 Days)

4

Median Sale Price

$2.05M

Live data from RLS at REBNY • Updated 5/7/26, 3:47 PM EST

Recently Sold in Greenpoint

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Location

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242 Kingsland Avenue, Greenpoint, Kings County • Near Nassau Ave

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
3
Floors
6
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $603,900
Land Value: $6,750
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,500 SF
Building Area: 4,875 SF
Built FAR: 1.95
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

This property has 12 bedrooms and 6 full bathrooms.

According to MLS records, the building was constructed in 1931, making it approximately 95 years old.

Pet policy requires confirmation with the listing broker.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10420866
First Listed: 7/25/2018
Price Changed: 10/12/2018
Closed: 10/12/2018
Contract Date: 7/25/2018

Listing Courtesy of The Corcoran Group - Daniel Cohen

Listing Contact: (862) 823-2674

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/7/2026 at 7:47 PM UTC

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