118 Kingsland Avenue, 1
East Williamsburg | Beadel Street & Herbert Street
Rooms
14
Bedrooms
12
Bathrooms
8
Status
Active
Real Estate Taxes
[Monthly]
$ 586
Property Description
Exceptional Investment Opportunity in East Williamsburg! Legal 4-unit property: 118 Kingsland Ave & 118 1/2 (2 buildings on the same lot)
Unlock a free-market investment with a projected CAP rate of 7.5% in one of the most sought-after neighborhoods.
118 Kingsland Avenue is a four-unit property, generating strong rental income while also serving as an owner-occupied residence.
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)
- 1031 Exchange Opportunity
Unit Breakdown:
118 Kingsland Ave (Front Building)
- 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 (Back Building)
- 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
Unlock a free-market investment with a projected CAP rate of 7.5% in one of the most sought-after neighborhoods.
118 Kingsland Avenue is a four-unit property, generating strong rental income while also serving as an owner-occupied residence.
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)
- 1031 Exchange Opportunity
Unit Breakdown:
118 Kingsland Ave (Front Building)
- 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 (Back Building)
- 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
Exceptional Investment Opportunity in East Williamsburg! Legal 4-unit property: 118 Kingsland Ave & 118 1/2 (2 buildings on the same lot)
Unlock a free-market investment with a projected CAP rate of 7.5% in one of the most sought-after neighborhoods.
118 Kingsland Avenue is a four-unit property, generating strong rental income while also serving as an owner-occupied residence.
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)
- 1031 Exchange Opportunity
Unit Breakdown:
118 Kingsland Ave (Front Building)
- 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 (Back Building)
- 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
Unlock a free-market investment with a projected CAP rate of 7.5% in one of the most sought-after neighborhoods.
118 Kingsland Avenue is a four-unit property, generating strong rental income while also serving as an owner-occupied residence.
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)
- 1031 Exchange Opportunity
Unit Breakdown:
118 Kingsland Ave (Front Building)
- 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 (Back Building)
- 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
Listing Courtesy of Highline Residential
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Apartment Features
A/C
Washer / Dryer
Outdoor
Patio
Building Details [118 Kingsland Avenue]
Ownership
Multi-Family
Service Level
Voice Intercom
Access
Walk-up
Block/Lot
2840/5
Building Size
20'x47'
Zoning
M1-1
Building Type
Townhouse
Age
Pre-War
Year Built
1920
Floors/Apts
2/2
Lot Size
25'x113'
Building Amenities
Courtyard
Mortgage Calculator in [US Dollars]
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Fair Housing
