116 Gatling Place
Brooklyn, NY 11209
11
Bed
6
Bath
5,100Sqft
0.07Acre(Lot)
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 co
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 11Bathroom Information
Full Baths: 6Room Information
Has Basement: Yes Basement: Unfinished -
Flooring Information
Other -
Roofing Information
Flat -
Interior Features
Roof: Flat Appliances: Gas Water Heater, Refrigerator, Cooktop -
Heating & Cooling
Has Heating: Yes Heating: Hot Water, Natural Gas
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Building Information
Year Built: 1927 Building Area Total: 5100 Construction Materials: Brick Stories: 3 Private Pool: No
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Lot Information
Lot Dimensions: 125 x 25 Lot Size Acres: 0.07 Lot Size Square Feet: 3127
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Listing Price Information
Listing Price: $1299000 Original Price: $1380000
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Tax Information
Tax Lot: 35 Tax Block: 6090 Annual Tax: $24000
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Parking Information
On Street, None
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1433 Bay Ridge Parkway, Brooklyn, NY, 11209 | $1,680,000 | 5 | 3 | 2,000 | 2,000 SqFt |
| 652 73rd Street, Brooklyn, NY, 11209 | $1,599,000 | 9 | 5.5 | 4,824 | 4,824 SqFt |
| 568 74th Street, Brooklyn, NY, 11209 | $1,495,000 | -- | 3 | -- | |
| 573 79th Street, Brooklyn, NY, 11209 | $1,950,000 | 6 | 2 | 2,600 | 2,600 SqFt |
| 539 72nd Street, Brooklyn, NY, 11209 | $1,599,998 | 7 | 3 | -- | |
| 539 72nd Street, Brooklyn, NY, 11209 | $1,599,998 | 7 | 3 | 3,000 | 3,000 SqFt |
| 516 72nd Street, Brooklyn, NY, 11209 | $1,999,000 | 7 | 5 | 3,420 | 3,420 SqFt |
| 561 83rd Street, Brooklyn, NY, 11209 | $1,880,000 | 7 | 5.5 | 2,440 | 2,440 SqFt |
| 526 77th Street, Brooklyn, NY, 11209 | $1,290,000 | 11 | 6 | 4,920 | 4,920 SqFt |
| 7304 5th Avenue, Brooklyn, NY, 11209 | $1,838,000 | -- | -- | 3,300 | 3,300 SqFt |
Similar Multifamily To 116 Gatling Place
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brooklyn MLS. All Rights Reserved.
ByOwner last updated this listing 08/17/2026 @ 06:03
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