Excellent investment opportunity at 116 Gatling Place, a well-maintained 6-family building located in the heart of Brooklyn. Building size is 20×85 on a unique oversized 25×125 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.
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.
Property Details
Price:
$1,380,000
MLS #:
501430
Status:
Active
Beds:
11
Baths:
0
Type:
Multi Family
Subtype:
Multi-Family
Borough:
Brooklyn
Neighborhood:
bensonhurst
Listed Date:
May 14, 2026
Finished Sq Ft:
5,100
Year Built:
1927
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address116 Gatling Place Brooklyn NY
- NeighborhoodBensonhurst
- CityBrooklyn
- CountyKings (Brooklyn)
- Zip Code11209
Market Summary
Current real estate data for Multi Family in Brooklyn as of Jul 21, 2026
721
Multi Family Listed
128
Avg DOM
628
Avg $ / SqFt
$1,771,345
Avg List Price
Property Summary
- 116 Gatling Place Brooklyn NY is a Multi Family for sale in Brooklyn, NY, 11209. It is listed for $1,380,000
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