Under Contract – Backup offers may be accepted
Pending · Listing by Corcoran Group
139 KINGSLAND Avenue
Williamsburg, Brooklyn
$2,995,000
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
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jan 27, 2026 | $2,995,000 | - |
| Currently | Aug 12, 2026 | $2,995,000 | - |
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.
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 wide range of buyers and renters.
Williamsburg Live Market Data
View NeighborhoodActive Listings
144
Median Asking Price
$1.94M
Median $/Sqft
$1,654
Avg Days on Market
N/A
New This Week
6
Price Reduced
21%
Sold (30 Days)
9
Median Sale Price
$2.17M
Live data from RLS at REBNY • Updated 8/12/26, 7:25 AM EST
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Location
139 KINGSLAND Avenue, Williamsburg, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
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.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $9,312, or roughly $776 per month. Verify the current assessment with your attorney before closing.
This property has 8 bedrooms and 8 full bathrooms.
The listed interior living area is 3,467 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1930, making it approximately 96 years old.
This listing is None
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $2,995,000 for 3,467 sq ft, the asking price per square foot is approximately $864. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. 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) 416-7433Listing Courtesy of Corcoran Group - Nicholas Andrew Hovsepian
Listing Contact: (310) 748-8668
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 Data display by Keller Williams NYC. Data last updated on 8/12/2026 at 11:25 AM UTC
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Quick Facts
Monthly Costs Estimate
$599,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
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