Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,995,000

· Sold at asking price · Closed September 10, 2026

SOLD: 139 KINGSLAND Avenue
SOLD $2,995,000
Sold Multi Family

$2,995,000

$864 per sq ft

139 KINGSLAND Avenue

Williamsburg, Brooklyn

MLS® #RLS20068854

RLS at REBNY

Listing by Corcoran Group

8

Bedrooms

8

Baths

3,467

Sq. Ft.

1930

Year Built

Sale Details

Sale Price $2,995,000
Original List Price $2,995,000
Close Date September 10, 2026
vs. Asking Sold at asking price

Property Summary

Bedrooms 8
Bathrooms 8
Living Area 3,467 sq ft
Year Built 1930
Ownership None
Property Taxes $9,312/yr
Neighborhood Williamsburg
Floor 1 of 2

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 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.

Property Details

Type Multi Family
Ownership None
Total Rooms 16
View Other
Cooling Central Air
Year Built 1930
Living Area 3,467 sq ft
RLS at REBNY

Listing courtesy of Nicholas Andrew Hovsepian at Corcoran Group. 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. This 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.

Active Listings Contact Milton
WhatsApp Email