116 Gatling Place Brooklyn NY 11209 | MLS #501430

116 Gatling Place
Brooklyn, NY, 11209
$1,299,000
11 Beds
0 Baths
5,100 SqFt
0 Acres
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MLS #501430 image #0
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.

Property Details

Price:
$1,299,000
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
BrooklynBensonhurst

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Market Summary

Current real estate data for Multi Family in Brooklyn as of Oct 20, 2026
718
Multi Family Listed
150
Avg DOM
618
Avg $ / SqFt
$1,772,680
Avg List Price

Property Summary

    116 Gatling Place Brooklyn NY is a Multi Family for sale in Brooklyn, NY, 11209. It is listed for $1,299,000

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