#RLS20024512, John T Lawrence, Listing office: Douglas Elliman Real Estate
#RLS20006490·
Listing office: Highline Residential LLC·
Listing agent: Alexandra Skiba·
Listing agent phone: (619) 909-2599·
Listing office phone: (212) 960-8740
$2,675,000 List price
118 Kingsland Ave Unit 1 New York City, NY 11222
12 beds
8 full
House
Property details
About 118 Kingsland Ave Unit 1
Exceptional Investment Opportunity in East Williamsburg! Legal 4-unit property: 118 Kingsland Ave & 118 1/2.<br><br>Unlock a free-market investment with a projected CAP rate of 7% in one of the most sought-after neighborhoods.<br><br>118 Kingsland Avenue is a four-unit property, generating strong rental income while also serving as an owner-occupied residence. <br><br>Property Overview:<br>- Total Units: 4 (spread across two separate structures: 118 Kingsland Ave & 118 1?2 Kingsland Ave)<br>- Total Bedrooms: 12<br>- Total Bathrooms: 8<br>- Lot Size: Approx. 2,887 sq. ft.<br>- Zoning: M1-1 (allowing for residential and commercial possibilities)<br><br>Unit Breakdown:<br><br>118 Kingsland Ave (Front Building)<br>- Unit 1: 4BR/3BA Duplex - Spacious layout with direct basement access, ideal for added functionality.<br>- Unit 2: 4BR/2BA - Bright and airy, featuring a private deck for outdoor enjoyment.<br><br>118 1?2 Kingsland Ave (Back Building)<br>- Unit 1: 3BR/2BA - Open-concept layout with a comfortable, inviting feel.<br>- Unit 2: 1BR/1BA - Includes a private deck, perfect for relaxation or entertaining.<br><br>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. <br><br>Why Invest in 118 Kingsland Avenue?<br><br>- 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.<br>- No Rent Regulations - No rent restrictions, offering full flexibility.<br>- Outdoor Space - Private decks and a backyard enhance tenant appeal.<br>- Prime Location - East Williamsburg is rapidly growing, with increasing property values.<br>- Easy Transit Access - Close to the G & L subway lines and the East River Ferry for quick commutes.<br>- High Tenant Demand - Surrounded by trendy cafes, restaurants, and cultural hotspots.<br><br>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.<br><br>Common Outdoor Space,No pets,Private outdoor space,Ac,Pre-War,Outdoor Space,In-unit Laundry
Highlights
Home typeSingle Family Residence
StatusActive
Year built1900
MLS #RLS20006490
Summary
- Full Bathrooms: 8
- Appliances: Dryer, Dishwasher, Washer
- Total Bedroom Count: 12
- Exterior: Private Outdoor Space Under 60 Sqft
- Heating: None
- List Price: $2,675,000
- HOA Amount: $0 Monthly
- Year Built: 1900
- MLS Number: RLS20006490
- MLS Name: RLS
- Office Name: Highline Residential LLC
- Office Phone: (212) 960-8740
- Listing Agent: Alexandra Skiba
- Agent Phone: (619) 909-2599
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
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Last updated on: 6/21/2025, 8:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Price information
Property sales
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Tax history
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Nearby schools
6
P.S. 110 The Monitor School
Public District KG-6
0.2 mi
•124 Monitor St
6
P.S. 132 The Conselyea School
Public District KG-5
0.5 mi
•320 Manhattan Ave
8
P.S. 34 Oliver H. Perry School
Public District PK-5
0.6 mi
•131 Norman Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $81,932. Typical income of New York City, NY residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
15%
<35k
47%
35k-100k
32%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
74%
Single, No Kids
2%
Single, with Kids
17%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
2%
12-17 yrs old
54%
18-34 yrs old
30%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Hiking/backpacking
Art Museums
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Audi
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits- Alternative
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 118 Kingsland Ave Unit 1
The listing price of 118 Kingsland Ave Unit 1 property is $2,675,000.
The property 118 Kingsland Ave Unit 1 is a house located in New York City, New York, 11222.
Active Listing: 118 Kingsland Ave Unit 1 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 118 Kingsland Ave Unit 1 are: P.S. 110 The Monitor School (GreatSchools Rating 6/10), P.S. 132 The Conselyea School (GreatSchools Rating 6/10), P.S. 34 Oliver H. Perry School (GreatSchools Rating 8/10), John Ericsson Middle School 126 (GreatSchools Rating 5/10), Conselyea Preparatory School (GreatSchools Rating 7/10), Middle School 582 (GreatSchools Rating 5/10), Northside Charter High School (GreatSchools Rating 3/10), Progress High School for Professional Careers (GreatSchools Rating 2/10), East Williamsburg Scholars Academy (GreatSchools Rating 3/10).
The property at 118 Kingsland Ave Unit 1 has 12 bedrooms and 8 bathrooms.
The sq. ft. of 118 Kingsland Ave Unit 1 is not available (source: MLS/tax record).
The year of construction for 118 Kingsland Ave Unit 1 is 1900.
This home is located at 118 Kingsland Ave Unit 1 in New York City, NY and zip code 11222 in the East Williamsburg neighborhood. Features: 12 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $2,675,000.
New York City, NY housing market in May 2025 saw over 207 listings sold above listed price, more than 936 sold at listed price and over 737 sold below. The number of homes for sale in New York City, NY increased by 0.3% between April and May 2025. The median list price of listings available in May 2025 was $875,081, while the average time on the real estate market was 121 days.
From Rocket Homes Real Estate and based on county public records data.