SOLD FOR $2,614,000
Listed at $2,689,000 · Sold 2.8% below asking · Closed August 5, 2019
$2,689,000
118 Kingsland Avenue
MLS® #RLS10549340
Listing by The Corcoran Group
8
Bedrooms
7
Baths
N/A
Sq. Ft.
1920
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Character: Pre-war building (1920)
Property Details
Description
Calling all those who seek cash-on-cash yield and/or 1031 Exchange Buyers.High cap rate. Approx 7%. Annual Revenue = $206,400. Full financials available upon request. 118 Kingsland Avenue and 118 1/2 Kingsland Avenue Fully leased with FM tenants. NO rent regulated occupants. Qualified Opportunity ZoneFully renovated interiors and exterior.Finished Basement. Four Units split among two structures. Shared courtyard. Convenient to L and G trains as well as several bus routes. Easy highway access. East Williamsburg.Zoning Dist. M1-1 Allowable usable Floor Area 2882 sqft
Building Information
About Greenpoint
View All Greenpoint ListingsGreenpoint 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 NeighborhoodActive Listings
36
Median Asking Price
$1.86M
Median $/Sqft
$1,533
Avg Days on Market
N/A
New This Week
5
Price Reduced
14%
Sold (30 Days)
5
Median Sale Price
$2.35M
Live data from RLS at REBNY • Updated 3/25/26, 6:47 PM EST
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Location
118 Kingsland Avenue, Greenpoint, Kings County • Near Beadel Street & Division Place
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Listing Courtesy of The Corcoran Group - Ryan Scully
Listing Contact: (201) 835-7239
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RLS Data display by Keller Williams NYC. Data last updated on 3/25/2026 at 10:47 PM UTC