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.
Listed by Mathew Kurt Gundell
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License #10401233477
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Compass
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(917) 817-1323
Listed by LIOR BARAK
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License #30BA1018530
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Compass
Last updated September 01, 2025
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Source: REBNY #RLS20021657
Listing Facts
TypeMulti-family
NeighborhoodWilliamsburg
Bedrooms8
Bathrooms8
Days on Prevu123
Taxes$10,044/year
Size6,612 sqft
Price per sqft$302
Location
Mortgage Calculator
Listing History
08/24/2025
Price Decreased
$1,995,000
05/06/2025
Listed by Compass
$2,395,000
Estimated Closing Costs
Total
$69,151
Attorney Fees
$4,000
NYC Mansion Tax
$19,950
Title Insurance
$8,978
Bank Attorney
$1,500
Mortgage Recording Tax
$30,723
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,995,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 139 North 8th Street
Association
Amenities
Pets Allowed: Building No, No
Compensation
Commissions
Buyer Agency Compensation: 2.5Percent
Exterior
Construction
Number Of Units Total: 8
Property Condition: Good Condition
Stories Total: 4
Structure Type: Multi Family, Townhouse
Year Built: 1910
Entry Level: 1
Measurements
Building Area Total: 6,612
Building Area Units: SquareFeet
Lot Size Dimensions: 25
Lot Size Units: SquareFeet
Financial
Taxes
Tax Annual Amount: $10,044.00
Interior
Features
Fireplace Features: Decorative
Fireplace: Yes
Fireplaces Total: 1
Flooring: Hardwood
Interior Features: Granite Counters, High Ceilings, Walk-In Closet(s)
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.