Bay Ridge Real Estate

116 Gatling Place, Bensonhurst, NY 11209

[Bensonhurst Real Estate, listing number 3339736]



Description: 3339736
   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.

Details:
   Families: 6
   Bedrooms: 11
   Property Type: Multi-Family
   Built: 1927

Financials:
   Price: $1,380,000

 

Tiger Realty
Susana Chen Chong
Office: (917)708-9966

provided by Brooklyn Bd of Realtors