116 Gatling Place, Brooklyn, NY 11209

Brooklyn
Local realty services provided by:ERA Top Service Realty
116 Gatling Place,Brooklyn, NY 11209
$1,299,000
  • 11 Beds
  • 6 Baths
  • 5,100 sq. ft.
  • Multi-family
  • Active
Listed by: susana chen chong
Office: tiger realty
MLS#:501430
Source:BROOKLYN

Price summary

  • Price:$1,299,000
  • Price per sq. ft.:$254.71

About this home

Excellent investment opportunity at 116 Gatling Place, a well-maintained 6-family building located in the heart of Brooklyn. Building size is 20x85 on a unique oversized 25x125 lot, providing an expansive backyard space rarely found in other six-family properties. This income-producing property offers strong cash flow with additional upside potential, featuring one free-market apartment and two vacant units ready for new tenants or owner occupancy. The building consists primarily of spacious 2-bedroom apartments and presents an attractive return for investors seeking long-term growth and stable rental income. With a fair annual property tax of only $24,776 and relatively low operating expenses, this property is a standout investment opportunity. Conveniently located near 86st main commercial district, restaurants, schools, parks, and public transportation, the neighborhood continues to see strong rental demand and steady growth.

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Home facts

  • Year built:1927
  • Listing ID #:501430
  • Added:90 day(s) ago
  • Updated:August 08, 2026 at 12:18 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:6
  • Full bathrooms:6
  • Kitchen Description:Refrigerator, Stove
  • Basement Description:Unfinished
  • Living area:5,100 sq. ft.

Heating and cooling

  • Heating:Gas, Hot Water

Structure and exterior

  • Roof:Flat
  • Year built:1927
  • Building area:5,100 sq. ft.
  • Lot area:0.07 Acres
  • Construction Materials:Brick
  • Exterior Features:Back Yard
  • Foundation Description:Stone
  • Levels:3 Stories

Finances and disclosures

  • Price:$1,299,000
  • Price per sq. ft.:$254.71
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