118 Kingsland Ave Unit 1, Brooklyn, NY 11222

Exceptional Investment Opportunity in East Williamsburg<br><br>118 Kingsland Avenue is a four-unit property in one of Brooklyn&#x27;s most sought-after neighborhoods, generating strong rental income while also serving as an owner-occupied residence. Blending historic charm with modern upgrades, it presents an excellent opportunity for both investors and buyers seeking a multi-unit home.<br><br><br><br>Property Overview:<br>- Total Units: 4 (spread across two separate structures: 118 Kingsland Ave &amp; 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<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<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 &amp; 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&#x27;s most dynamic neighborhoods. Whether you&#x27;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