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118 Kingsland Ave., Brooklyn, NY 11222

Listing Details:
$2,689,000 Price
Townhouse Property Type
East Williamsburg Neighborhood
8 Beds
7 Baths
-- Approx. Sq. Ft.
$307 RET
Key Features:
Unit Garden

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

Listing courtesy of The Corcoran Group

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