Description

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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Building Features 3 Floors6 Units

intercom

$1,380,000 / $270 per ft²

Listed on May 14, 2026

11 Days on Market

11 Beds / 6 Baths - / 5,100 ft²

Total Monthly expenses: -

Maintenance: - / R.E. Taxes $2,000

Exclusively listed with: Re/Max Real Estate Professiona Source: Brooklyn MLS

Susana Chen Chong

[email protected]

(347) 825-1830

Listing Courtesy of Re/Max Real Estate Professiona

Unit listing history

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