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486 3rd Avenue

Brooklyn, NY 11215
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Bed 19

Bed

Bath 16

Bath

SqFt6,480

Sqft

Acres0.05

Acre(Lot)

Prime South Carroll Gardens / Gowanus Investment | Rare 16-Unit Multifamily Asset Exceptional opportunity to acquire a fully stabilized 16-unit multifamily building in South Carroll Gardens / Gowanus, one of Brooklyn’s most tightly held and high-demand rental markets. This well-maintained walk-up features a desirable unit mix ranging from studios to three-bedroom apartments, including two duplex units on the first floor, driving consistent tenant demand and durable cash flow. The property is 100% occupied, with all units rent-stabilized and no rent-controlled apartments, offering predictable in-place income and long-term investment stability. A true core Brooklyn asset in a premier location—ideal for investors seeking stable returns, strong fundamentals, and long-term appreciation in one of the borough’s most resilient neighborhoods.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,800,000

AD Id : 74379508

MLS Id : 498509

Beds : 19

Lot Size : 0.05 Acre

Living Area Size : 6,480

Year Built : 1940

County : Kings

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Feature Features

  • Bedroom Information

    Total beds: 19

    Bathroom Information

    Full Baths: 16

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Flooring Information

    Hardwood
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Steam, Natural Gas

  • Building Information

    Year Built: 1940 Building Area Total: 6480 Construction Materials: Block, Brick Private Pool: No

  • Lot Information

    Lot Dimensions: 85 x 26 Lot Size Acres: 0.05 Lot Size Square Feet: 2267

  • Listing Price Information

    Listing Price: $3800000

  • Tax Information

    Tax Lot: 48 Tax Block: 1014 Annual Tax: $63407
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
490 16th Street, Brooklyn, NY, 11215 $2,450,000 6 3 --
566 7th Street, Brooklyn, NY, 11215 $7,499,000 -- 16 --
176 Prospect Park West .., Brooklyn, NY, 11215 $8,000,000 -- 9 14,200 14,200 SqFt
475 16th Street, Brooklyn, NY, 11215 $999,000 16 8 6,840 6,840 SqFt
819 Union Street, Brooklyn, NY, 11215 $4,500,000 -- 4 3,580 3,580 SqFt
238 Prospect Park West .., Brooklyn, NY, 11215 $1,650,000 -- -- 4,200 4,200 SqFt
258 7th Avenue, Brooklyn, NY, 11215 $2,999,990 -- -- 2,911 2,911 SqFt
645 Carroll Street, Brooklyn, NY, 11215 $4,599,900 5 7 --
344 7th Avenue, Brooklyn, NY, 11215 $5,000,000 -- -- 4,680 4,680 SqFt
371 16th Street, Brooklyn, NY, 11215 $2,399,999 -- 3 1,704 1,704 SqFt

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 06/13/2026 @ 20:24

MLS: 498509 LISTED BY: Nicholas Venturini, Ben Bay Realty Co 718-680-6442 SOURCE: Brooklyn Board of REALTORS

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