118 Kingsland Avenue

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Sold

Townhouse

8 BED

7 BATH

$2,689,000 |RET $308
Neighborhood: Williamsburg
Borough: Brooklyn
Days on the Market: 783 days
Pets Policy: No Pets
Description: 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
Price History:
  • 03/13/2019 - $2,689,000
Verifying sold price
Listing Broker: The Corcoran Group
LEARN MORE ABOUT THIS PROPERTY
CONTACT OUR NEW YORK REAL ESTATE SPECIALIST

The Corcoran Group

Ryan Scully

(212) 353-8165

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