Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

139 KINGSLAND Avenue

Pending · Listing by Corcoran Group

139 KINGSLAND Avenue

Williamsburg, Brooklyn

$2,995,000

Interested in this property?
Pending For Sale 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

Quick Summary

Bedrooms 8
Bathrooms 8
Living Area 3,467 sq ft
Lot Size 2,009 sq ft
Year Built 1930
Ownership None
Property Taxes $9,312/yr
Neighborhood Williamsburg
Floor 1 of 2

Property Highlights

  • Views: Other
  • Climate Control: Central Air
  • Character: Pre-war building (1930)

Property Details

Type Multi Family
Ownership None
Total Rooms 16
Baths 8 Full
Floor 1 of 2
View Other
Cooling Central Air
Pets Yes
Year Built 1930
Living Area 3,467 sq ft
Structure Type Townhouse
Basement Other
Lot Size 2,009 sq ft
Parcel # 02829-0022
Block/Lot 02829/0022

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

Smoke Free Storage Washer Hookup In Unit

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 4
Stories 2
Structure Townhouse

Financial Details

RE Taxes $9,312/yr ($776/mo)

Williamsburg 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 Neighborhood

Active 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

Similar Listings in Williamsburg

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Location

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139 KINGSLAND Avenue, Williamsburg, Kings County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
2
Floors
4
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $502,650
Land Value: $139,050
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,009 SF
Building Area: 2,401 SF
Built FAR: 1.2
Allowed FAR: 2

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

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) 416-7433
MLS® ID: RLS20068854
First Listed: 1/27/2026
On Market: 1/27/2026
Price Changed: 1/27/2026
Pending Since: 4/27/2026
Contract Date: 1/27/2026

Listing 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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 8/12/2026 at 11:25 AM UTC

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Williamsburg Market Update

9 sales last 30 days · $1.94M median · 16 months supply

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New listings in this neighborhood

Quick Facts

Status Pending Type Multi Family Neighborhood Williamsburg Borough Brooklyn
County Kings
Floor 1 of 2
Year Built 1930
First Listed 1/27/2026
Living Area 3,467 sqft
Annual Tax $9,312

Monthly Costs Estimate

Down Payment 20%

$599,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $776
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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