Excellent Investment Opportunity – Fully Renovated 4-Family in Prime Greenpoint Location
Don't miss this rare chance to own a fully gut-renovated 4-family property in one of Brooklyn’s most desirable neighborhoods. Located in the heart of Greenpoint, this turnkey investment features:
Four Spacious Units: Each apartment offers 2 bedrooms, 2 baths with top of the line finishes and applicances, washer and dryer in every unit.
Every apartment comes with its own secure, keyed storage unit, providing extra space and peace of mind
2 units with private backyard.
2 units with skylight.
Complete Renovation: The building was fully gutted and renovated with all-new systems, including plumbing, electrical, and mechanicals.
Finished Basement: A stylish resident lounge with a ping pong table, TV and the private storage units – perfect for relaxing or entertaining guests
Strong Rental Income: Projected gross rental income of $222,000 annually.
Tenant-Paid Heat: Tenants are responsible for their own heating, minimizing owner expenses.
Favorable Tax Class: Classified as Tax Class 2A, with annual taxes under $10,000.
With high rental demand in Greenpoint, this property offers both immediate cash flow and long-term appreciation. A true gem for investors seeking a low-maintenance, high-yield asset in a thriving neighborhood.
Active
$3,250,000
139 Kingsland Ave, Brooklyn, NY 11222
8beds
3,010sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$1,080/sqft
$-- HOA
What's special
Private backyardSecure keyed storage unitStylish resident loungePing pong table
- 39 days
- on Zillow |
- 170 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 10:51am
Listing by:
Real Estate Leonard LLC 917-419-2461,
Zachi Koren
Source: StreetEasy,MLS#: S1772157
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Appliances
- Included: Dishwasher, Washer/Dryer
Features
- Flooring: Hardwood
Interior area
- Total structure area: 3,010
- Total interior livable area: 3,010 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1930
Community & HOA
Community
- Subdivision: Williamsburg
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $1,080/sqft
- Date on market: 6/16/2025
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