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$2,995,000
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Property 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.
Full Property Details
Full Property Details for 139 Kingsland Ave
General
- Sold For: $2,995,000
- Taxes: $9,312
- Status: Closed
- Type: Multi-Family
- Source: REBNY
- MLS ID: RLS20068854
- Added to Site: 257 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Smoke Free, Storage
- Appliances: Washer Dryer Allowed
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Washer Hookup, In Unit
Additional Information
- Pool: Yes
- Pool Description: Building None
Exterior
- Exterior Features: Private Outdoor Space Over 60 Sqft
Location
- County: Kings
- Subdivision: Williamsburg
Community
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Structural Information
- Structure Type: Townhouse
- Basement Desc.: Other
- Stories/Levels: 2
- Square Feet: 3,467
- Living Area: 3,467 Sq. Ft.
- Year Built: 1930
- Other Struct. Feat.: Green Building
Lot Features
- Property View: Other
- Lot Size: 2009
- Lot Dimensions: 82.00 x 24.50
Financial Considerations
- Tax Amount: $9,312
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 02829-0022
- Block: 2829
- Lot Number: 22
Listing Courtesy of Corcoran Group
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Schools
Schools serving 139 Kingsland Ave
School District:New York City Geographic School District 14
| Name | Grades | Distance |
|---|---|---|
Ps 110 The Monitor 124 Monitor Street, Brooklyn, NY 11222 | K-6 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 139 Kingsland Ave
Date
Details
Price
Change
Source
9/10/2026
Sold
$2,995,000
—
MLS
1/27/2026
Listed
$2,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
139 Kingsland Avenue, New York City, NY 11222 (MLS# RLS20068854) is a Multi-Family property that was sold at $2,995,000 on September 10, 2026. Want to learn more about 139 Kingsland Avenue? Do you have questions about finding other Multi-Family real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

