$1,995,000
$400K PRICE DROP

Estimated payment $11,686/month

Total Views 3,593
8 Beds
8 Baths
6,612 Sq Ft
$302 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2-minute walk to Bedford Avenue
  • Central Air
  • High Ceiling
  • Granite Countertops
  • Laundry Facilities

About This Home

This is a fully rent-stabilized building and will be delivered with eight (8) tenants in place.

Exceptional Investment Opportunity in Prime Williamsburg

Welcome to 139 North 8th Street, a well-maintained, income-producing multi-family property located in the heart of Williamsburg—one of Brooklyn’s most desirable neighborhoods. This walk-up building consists of 8 residential units with a strong in-place rent roll and clear potential for future upside.

The current May 2025 rent roll reflects steady legal rents ranging from $1,131.52 to $2,628.06, with several long-term tenants and preferential rents in place, offering an opportunity for increased returns over time. The building is a great option for investors seeking consistent cash flow with upside potential through unit turnover and market adjustments.

Conveniently located just moments from McCarren Park, the Bedford Avenue L train, and a vibrant mix of restaurants, cafes, and boutiques, this property offers the perfect combination of stability and location.

Please reach out for full financials, building details, or to schedule a private tour.

Listing Agent

Mat Gundell

Compass License #10401233477 Listed on: 05/06/2025

Compass

Co-Listing Agent

Lior Barak

Compass License #30BA1018530

Co-Listing Agent

Stephen Filipponi

Compass License #40FI1149681

Co-Listing Agent

Christine Blackburn

Compass License #30BL1044983

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,044

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 25.000000x100.000000

Interior Spaces

  • 6,612 Sq Ft Home
  • 4-Story Property
  • High Ceiling
  • Decorative Fireplace
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 37 / 02311

Community Details

Overview

  • 8 Units
  • Williamsburg Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,044

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Williamsburg
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • Structure Type: Multi Family, Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Interior Features: Granite Counters, High Ceilings, Walk-In Closet(s)
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 6612.0
  • Living Area Units: Square Feet
  • Rooms (Total): 40

Beds/Baths

  • Full Bathrooms: 8
  • Bathrooms Integer: 8
  • Bedrooms: 8

Exterior Features

  • View: No
  • Exterior Features: Private Outdoor Space Under 60 Sqft

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 25.000000x100.000000

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 4
  • Year Built: 1910

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 02311
  • Tax Lot: 37
  • Tax Annual: 10044.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2025 08/24/25 Price Changed $1,995,000 -16.7% $302 / Sq Ft
05/06/2025 05/06/25 For Sale $2,395,000 -- $362 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20021657

Real Estate Board of New York (REBNY)

APN: 02311-0037 01