239 Kingston Ave Brooklyn, NY 11213-2513
Property profile & analytics
239 Kingston Ave Brooklyn, NY 11213-2513
- Investment properties
- 3,072 SF
- 0.03 lot acres
Property ID
US63-2968754
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Jackmili Thrift Store, inc / Discount Store
Property Details for 239 Kingston Ave
- Year built
- 1931
- Lot size
- 0.03 lot acres
- Property size
- 3,072 SF
- Zone code
- R6
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 01251-0007
- APU
- 12510007
Description
This exceptional mixed-use property at 239 Kingston Avenue in Brooklyn, NY, presents a compelling investment opportunity. The vacant, three-story building boasts 3,072 square feet on a 1,450 square foot lot, zoned R6. The property comprises two 3-bedroom apartments and a retail storefront, offering a versatile configuration ideal for owner-occupancy with rental income or purely as an investment. Pro forma projections indicate a monthly rental revenue of $12,500 ($150,000 annually), with estimated annual expenses totaling $22,080.72, resulting in a projected net operating income (NOI) of $127,919.28. This translates to a pro-forma cap rate of 7.75%. The asking price is $1,650,000, with an estimated $250,000 in renovation costs. The building's dimensions are approximately 19.33 feet wide by 53 feet deep, with residential space of 2,048 square feet and retail space of 1,024 square feet. The property is currently vacant, presenting a chance to establish market-rate rents. Note that a neighboring property, 241 Kingston Avenue, is also available for sale, offering the possibility of a package purchase. All information is believed to be accurate but should be independently verified by the buyer. Square footage and dimensions are approximate.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,255,000
- ML approach
- $3,255,000
-
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $2,440,000
- RETAIL STORES
- $2,365,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9417
- Latitude
- 40.6718
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,127
$73,800
$236,700
$310,500
-
$164,000
$526,000
$690,000
