116 Gatling Place

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Address: 116 Gatling Pl, Brooklyn, NY 11209, USA
New York & Tri-State + Apartment Buildings
Created date: May 15, 2026
Date last updated: September 18, 2026
Price: $1,299,000Investment Analyzer NEW!

Property 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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Broker Details

Susana Chen Chong
Susana Chen Chong

Tiger Realty (917) 708-9966 MLS ID: scc5858

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Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,299,000
No. of Units: 6
Year Built: 1927
Lot Size: 5,100.00 Sq ft
Opportunity Zone: No
Price per unit: $216,500
Property Website Click Here
Number of Bedrooms: 11
Number of Bathrooms: 6
Address: 116 Gatling Place, Brooklyn, NY 11209, USA
Provided by:
Standard Status: Active
MLS Listing Number: 501430
ID: 3yd-BMLSNY-501430
Copyright Disclaimer: Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Step 2Gross Rent Analysis

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Step 4Final Deal Analysis

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