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Listing Courtesy Of:
Highline Residential LLC, Alexandra Skiba
Local Realty Services Provided By:
Keller Williams NYC
Overview
What It'll Cost
Neighborhood
118 Kingsland Avenue #1, New York City, NY 11222
12 Beds
8 Baths
Price Drop:
$105,000
(6 days ago)
118 Kingsland Avenue #1, New York City, NY 11222
Estimation provided by Keller Williams Realty Inc.
12 Beds
8 Baths
Active
For Sale
Property Description
Exceptional Investment Opportunity in East Williamsburg
118 Kingsland Avenue is a four-unit property in one of Brooklyn's most sought-after neighborhoods, generating strong rental income while also serving as an owner-occupied residence. Blending historic charm with modern upgrades, it presents an excellent opportunity for both investors and buyers seeking a multi-unit home.
Property Overview:
- Total Units: 4 (spread across two separate structures: 118 Kingsland Ave & 118 1?2 Kingsland Ave)
- Total Bedrooms: 12
- Total Bathrooms: 8
- Lot Size: Approx. 2,887 sq. ft.
- Zoning: M1-1 (allowing for residential and commercial possibilities)
Unit Breakdown:
118 Kingsland Ave
- Unit 1: 4BR/3BA Duplex - Spacious layout with direct basement access, ideal for added functionality.
- Unit 2: 4BR/2BA - Bright and airy, featuring a private deck for outdoor enjoyment.
118 1?2 Kingsland Ave
- Unit 1: 3BR/2BA - Open-concept layout with a comfortable, inviting feel.
- Unit 2: 1BR/1BA - Includes a private deck, perfect for relaxation or entertaining.
The basement has washer hookups. Currently, only one apartment has access to the basement, but with two entrances, it presents a great opportunity to create an in-building laundry facility for all tenants.
Why Invest in 118 Kingsland Avenue?
? Turnkey Investment - Fully rentable or ideal for an end-user looking to occupy one unit while renting out the others, ensuring immediate income with free-market rent.
? No Rent Regulations - No rent restrictions, offering full flexibility.
? Outdoor Space - Private decks and a backyard enhance tenant appeal.
? Prime Location - East Williamsburg is rapidly growing, with increasing property values.
? Easy Transit Access - Close to the G & L subway lines and the East River Ferry for quick commutes.
? High Tenant Demand - Surrounded by trendy cafes, restaurants, and cultural hotspots.
This well-maintained, income-producing property offers stability and long-term growth potential in one of Brooklyn's most dynamic neighborhoods. Whether you're looking to expand your portfolio or secure a high-performing asset, 118 Kingsland Avenue is a rare opportunity worth considering.
Common Outdoor Space,No pets,Private outdoor space,Ac,Pre-War,Outdoor Space,In-unit Laundry
118 Kingsland Avenue is a four-unit property in one of Brooklyn's most sought-after neighborhoods, generating strong rental income while also serving as an owner-occupied residence. Blending historic charm with modern upgrades, it presents an excellent opportunity for both investors and buyers seeking a multi-unit home.
Property Overview:
- Total Units: 4 (spread across two separate structures: 118 Kingsland Ave & 118 1?2 Kingsland Ave)
- Total Bedrooms: 12
- Total Bathrooms: 8
- Lot Size: Approx. 2,887 sq. ft.
- Zoning: M1-1 (allowing for residential and commercial possibilities)
Unit Breakdown:
118 Kingsland Ave
- Unit 1: 4BR/3BA Duplex - Spacious layout with direct basement access, ideal for added functionality.
- Unit 2: 4BR/2BA - Bright and airy, featuring a private deck for outdoor enjoyment.
118 1?2 Kingsland Ave
- Unit 1: 3BR/2BA - Open-concept layout with a comfortable, inviting feel.
- Unit 2: 1BR/1BA - Includes a private deck, perfect for relaxation or entertaining.
The basement has washer hookups. Currently, only one apartment has access to the basement, but with two entrances, it presents a great opportunity to create an in-building laundry facility for all tenants.
Why Invest in 118 Kingsland Avenue?
? Turnkey Investment - Fully rentable or ideal for an end-user looking to occupy one unit while renting out the others, ensuring immediate income with free-market rent.
? No Rent Regulations - No rent restrictions, offering full flexibility.
? Outdoor Space - Private decks and a backyard enhance tenant appeal.
? Prime Location - East Williamsburg is rapidly growing, with increasing property values.
? Easy Transit Access - Close to the G & L subway lines and the East River Ferry for quick commutes.
? High Tenant Demand - Surrounded by trendy cafes, restaurants, and cultural hotspots.
This well-maintained, income-producing property offers stability and long-term growth potential in one of Brooklyn's most dynamic neighborhoods. Whether you're looking to expand your portfolio or secure a high-performing asset, 118 Kingsland Avenue is a rare opportunity worth considering.
Common Outdoor Space,No pets,Private outdoor space,Ac,Pre-War,Outdoor Space,In-unit Laundry
Property Details
Compare This Home
Overview
Property Type
Single Family Residence
Year Built
1900
Days on Site
25 Days
Parking
No
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$2,995,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
03/22/2025
Price Decrease
(-3.39% )
03/04/2025
Price Decrease
(-1.59% )
03/03/2025
Listed
(+20.5% )
08/09/2019
Sold
(+107.46% )
10/16/2017
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
(+0.73% )
Land 17,940 +
Additions 107,400
2023
(+3.04% )
Land 17,940 +
Additions 135,840
2022
(-49.75% )
Land 17,940 +
Additions 107,940
2021
(+184.25% )
Land 17,940 +
Additions 99,120
2020
(+7.19% )
Land 17,940 +
Additions 67,980
2019
(+30.72% )
Land 17,940 +
Additions 90,120
2017
Land 3,889 +
Additions 17,039
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from E Williamsburg (Morgan-Divisn)
Car-Dependent
Walkable
Very Walkable