139 KINGSLAND Avenue
MLS® #RLS20068854
Listing by Corcoran Group
8
Bedrooms
8
Baths
3,467
Sq. Ft.
1930
Year Built
Quick Summary
Property Highlights
- Views: Other
- Climate Control: Central Air
- Character: Pre-war building (1930)
Property Details
Description
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 been transformed into a residents' lounge complete with a ping pong table, and 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.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Williamsburg
View All Williamsburg ListingsWilliamsburg is the global face of Brooklyn's cultural and residential renaissance. Defined by its stunning waterfront parks and the iconic L-train connection to Manhattan, the neighborhood offers a high-energy lifestyle. The real estate market is dominated by sleek, glass-walled luxury condominiums along the East River, alongside historic warehouse conversions and boutique new developments that cater to a diverse and trendy population.
Williamsburg Live Market Data
View NeighborhoodActive Listings
124
Median Asking Price
$2.20M
Median $/Sqft
$1,761
Avg Days on Market
N/A
New This Week
26
Price Reduced
14%
Sold (30 Days)
13
Median Sale Price
$1.31M
Live data from RLS at REBNY • Updated 2/16/26, 6:21 AM EST
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Location
139 KINGSLAND Avenue, Williamsburg, Kings County
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 Corcoran Group - Nicholas Andrew Hovsepian
Listing Contact: (310) 748-8668
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Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
RLS Data display by Keller Williams NYC. Data last updated on 2/16/2026 at 11:21 AM UTC