Bay Ridge Four-Family
110 Gatling Place, Brooklyn, NY 11209
MULTI_FAMILY - Brooklyn, NY
Property size:
3,000 SFLot size:
0.07 AcresPrice / SF:
$533/SF- Added:
- Mar 10, 2026
- Days on Market:
- 83
- Last Refresh:
- May 31 at 7:06 am
Property Features for 110 Gatling Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5B
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 5, Bedroom 1, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 6, Bathroom 1, Bathroom 4, Bedroom 4
- Interior features
- Refrigerator, Stove
- Basement
- Full
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 14025
Building Details
- Year built
- 1921
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Hardwood
- Building materials
- Wood Frame
- Roof type
- Flat
Listing agent Jie Min (Jenny) Xia (718) 382-0001
Listing office Momentum Real Estate LLC 1703 86 Street, Brooklyn, NY (718) 382-0001
Listing date Mar 10, 2026
MLS# 499497
Listing URL
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.
HighLights
- Income‑producing 4‑family home in desirable Bay Ridge location.
- Convenient access to major highways, multiple bus lines, and the R train for easy commuting to Brooklyn and Manhattan.
- Separate utility meters (5 electric, 5 gas) for each unit.
- Three units feature 2 bedrooms and 1 bathroom; one unit has 1 bedroom and 1 bathroom.
- Spacious backyard.
- Full basement offers additional potential.
Overview
This well-maintained four-family home is located in the heart of Bay Ridge. The property, built on a 25 x 126 lot, features a 20 x 75 building with four residential units. Three units offer two bedrooms and one full bathroom, while the fourth unit includes one bedroom and one full bathroom. The building is equipped with five electric meters and five gas meters, providing separate utilities for each unit. A full basement offers additional potential. The property also includes a spacious backyard. The location provides easy access to major highways and public transportation, including multiple bus lines and the nearby R train station, allowing convenient commuting throughout Brooklyn and into Manhattan. Surrounded by shops, restaurants, and everyday conveniences, this property offers strong rental appeal and long-term value. This income-producing property is suitable for investors and end-users looking to own a multi-family property in a desirable Brooklyn neighborhood. The lot size is approximately 0.0718 acres. The property size is 3000 square feet.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.0k | $51.00 |
| − Vacancy | −$2.9k | −$0.97 |
| EGI | $150.1k | $50.03 |
| − OpEx | −$45.0k | −$15.01 |
| NOI | $105.1k | $35.02 |
3,000 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $105,065 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$1.31M
$1.14M – $1.53M
NOI $91,587 @ 7.0% cap · market cap 5.72%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M
NOI $173,880 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.025993
- Latitude
- 40.617626
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained, income-producing property in a desirable Brooklyn neighborhood.
Where is this quadplex located?
The property is located at 110 Gatling Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Income‑producing 4‑family home in desirable Bay Ridge location.; Convenient access to major highways, multiple bus lines, and the R train for easy commuting to Brooklyn and Manhattan.; Separate utility meters (5 electric, 5 gas) for each unit.
