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Map
$2,614,000
●
Townhouse -
Off Market
118 Kingsland Avenue #BUILDING
Brooklyn, NY 11222
8 Beds
7 Baths
$3,916,271
RealtyHop Estimate
45.64%
Since Sep 1, 2019
NY-New York
Primary Model
About This Property
Calling all those who seek cash-on-cash yield and/or 1031 Exchange
Buyers.High cap rate. Approx 7%. Annual Revenue = $206,400. Full
financials available upon request. 118 Kingsland Avenue and 118 1/2
Kingsland Avenue Fully leased with FM tenants. NO rent regulated
occupants. Qualified Opportunity ZoneFully renovated interiors and
exterior.Finished Basement. Four Units split among two structures.
Shared courtyard. Convenient to L and G trains as well as several
bus routes. Easy highway access. East Williamsburg.Zoning Dist.
M1-1 Allowable usable Floor Area 2882 sqft
Unit Size
-
Days on Market
248 days
Land Size
-
Price per sqft
-
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1920
Last updated: 2 months ago (RLS #CORC-5624599)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Jan 2, 2023 | Price Decreased |
$2,749,000
↓ $100K
(3.5%)
|
|
| Price Decreased | |||
| Oct 18, 2022 | Price Decreased |
$2,849,000
↓ $101K
(3.4%)
|
|
| Price Decreased | |||
| Sep 20, 2022 | Listed | $2,950,000 | |
| Listed | |||
|
|||
|
Welcome to 118 Kingsland Avenue. A four-family split among two
structures (118 & 118 Kingsland Avenue). The property is fully
rented with free market tenants and no regulated occupants. 118
Kingsland has four-bedrooms, three bathrooms with lower duplex and
back yard. Above is a four-bedroom, two-bathroom unit with a deck.
118 Kingsland Avenue has a three-bedroom two-bathroom unit with one
bedroom, one bathroom unit with a deck above. Please reach out for
additional information or for…
|
|||
| Aug 5, 2019 | Sold | $2,614,000 | |
| Sold | |||
Show More
Property Highlights
Interior Details
Bedroom Information
Bedrooms: 8
Room Information
Rooms: 11
Exterior Details
Property Information
Year Built: 1920
Building Information
Pets Allowed: Building No
Lot Information
Lot Size Dimensions: 113.0 x 25.0
Land Information
Tax Block: 2840
Location Details
Subdivision Name: Greenpoint
Stories Total: 2
118 Kingsland Avenue #BUILDING, Brooklyn, NY, 11222
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Townhouse
8
Beds
4
Baths
-
$2,575,000
Apr 25, 2019
$2,575,000
Jul 31, 2019
-
Multifamily
8
Beds
6
Baths
4,750 ft²
$632/ft²
$3,000,000
Aug 23, 2022
$3,000,000
Mar 31, 2023
-
House
4
Beds
4
Baths
3,275 ft²
$817/ft²
$2,675,000
Apr 5, 2021
$2,675,000
Aug 18, 2021
$307/mo
Sold
Townhouse
4
Beds
3
Baths
-
$2,300,000
Feb 1, 2019
$2,300,000
Aug 6, 2019
$380/mo
Townhouse
5
Beds
3
Baths
4,158 ft²
$577/ft²
$2,400,000
Feb 23, 2022
$2,400,000
Sep 29, 2022
-
Townhouse
6
Beds
4
Baths
-
$2,998,000
Jul 1, 2019
$2,998,000
Nov 13, 2019
-
Active
Townhouse
7
Beds
3
Baths
2,210 ft²
$1,217/ft²
$2,690,000
Mar 4, 2023
-
$1,264/mo
Multifamily
4
Beds
3
Baths
1,800 ft²
$1,472/ft²
$2,650,000
Oct 11, 2022
-
-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
11/30/2018
|
8 Bed
|
7 Bath
|
-
|
$2,689,000
8 Bed
7 Bath
|
$2,614,000
-2.79%
08/05/2019
|
-
|
Ryan Scully
Elliman
|
|
|
09/29/2016
|
8 Bed
|
3 Bath
|
-
|
$1,260,000
8 Bed
3 Bath
|
$1,260,000
10/16/2017
|
-
|
Kristen Jock
Compass
|
Building Info
About Northern Brooklyn
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Listed by: Ryan Scully
Listing Courtesy of Douglas Elliman Real Estate
Last Updated: 2 months ago
Last Checked: 13 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Douglas Elliman Real Estate
Last Updated: 2 months ago
Last Checked: 13 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
