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    242 Kingsland Ave Brooklyn, NY 11222

    Sponsored
    For Sale
    $3,388,000

    Multi Family - Brooklyn, NY

    Type:Single Family Attached
    Days on Market:
    377
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 242 Kingsland Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    12
    Bathrooms
    6
    APN
    02689-0076
    Parking features
    Off Street
    Interior features
    Cathedral Ceiling(s), Marble Counters

    Utilities

    Heating system
    Forced Air, Oil
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1931
    Number of units
    6
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    Other

    Realty Connect USA (631) 881-5160 [email protected]

    Listing agent Jin Tao (631) 941-4300 License #10401293060

    Listing date Dec 25, 2024

    MLS# L3510598 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Multifamily Investment Opportunity

    This multifamily property is located in Brooklyn, New York. The property is in mint condition. It is located in the 11222 postal code area of Kings County (Brooklyn).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.941310630073
    Latitude
    40.72506565

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property for sale in Brooklyn, New York.
    Where is this apartment building located?
    The property is located at 242 Kingsland Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $3,388,000.
    What are key features of this property?
    This property features: - Mint condition appearance.; - Hardwood flooring throughout.; - Brick construction.
    (917) 293-9086
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    242 Kingsland Ave Brooklyn, NY 11222
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    Brooklyn, NY 11222
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    242 Kingsland Ave Brooklyn, NY 11222
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