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$ 3,490,000
Est. payment /mo
Active
8794 15th AVE Brooklyn, NY 11228
35 Beds
20 Baths
18,720 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 18,720 sqft
Price per Sqft $186
MLS Listing ID 492709
Bedrooms 35
Full Baths 20
Year Built 1916
Annual Tax Amount $50,611
Property Sub-Type Multi-Family
Property Description
Presenting a rare opportunity to acquire a well-maintained, income-producing 20-family brick building in the heart of Bath Beach—one of Brooklyn's most established and sought-after neighborhoods.
Property Details:
Building Size: 60' x 78', Lot Size: 60' x 97'.
Total Living Area: 18,720 SF
Unit Mix:
(3) Three-bedroom units
(9) Two-bedroom units
(8) One-bedroom units
Most units have been updated
Financial Highlights:
Gross Annual Income: $290,820
Cap Rate: Over 5%
Approximately 10 leases renew annually, offering consistent rent growth potential
Situated on a quiet, tree-lined street just minutes from 86th Street retail, restaurants, banks, supermarkets, Dyker Beach Park & Golf Course, and public transportation. Easy access to the Belt Parkway.
This is a high-performing, turn-key asset with stable cash flow and future upside—ideal for investors seeking a strategic long-term hold in a proven Brooklyn submarket.
Property Details:
Building Size: 60' x 78', Lot Size: 60' x 97'.
Total Living Area: 18,720 SF
Unit Mix:
(3) Three-bedroom units
(9) Two-bedroom units
(8) One-bedroom units
Most units have been updated
Financial Highlights:
Gross Annual Income: $290,820
Cap Rate: Over 5%
Approximately 10 leases renew annually, offering consistent rent growth potential
Situated on a quiet, tree-lined street just minutes from 86th Street retail, restaurants, banks, supermarkets, Dyker Beach Park & Golf Course, and public transportation. Easy access to the Belt Parkway.
This is a high-performing, turn-key asset with stable cash flow and future upside—ideal for investors seeking a strategic long-term hold in a proven Brooklyn submarket.
Location
State NY
County Kings (brooklyn)
Area Bensonhurst
Zoning R4
Rooms
Basement Full
Interior
Hot Water Gas
Heating Gas
Flooring Tile, Other
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Flat
Handicap Access No
Building
Story 4
Foundation Poured Concrete
Others
Energy Description Gas
Financing Bank Mortgage,Cash
Listed by Tiger Realty