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    Two-Family Brick Residential Income Title is generated by Realmo AI

    106 Gatling Place, Brooklyn, NY 11209

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    Claim this Listing
    Pending
    $1,388,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    2,480 SF
    Lot size:
    0.05 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 7 at 1:06 pm

    Property Features for 106 Gatling Place

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-5
    Bedrooms
    6
    Bathrooms
    5
    Rooms
    Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 2
    Parking features
    Open, Carport
    Patio and Porch features
    Patio
    Interior features
    Walk-In Closet(s)
    Fencing
    Fenced
    Basement
    Finished, Full
    Standard status
    Pending
    APN
    06090-1808
    Size
    2,480 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4207

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Steam

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick

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    Contact an agent
    Celia Iervasi

    Listing agent Celia Iervasi License #30IE1106110

    Listing office International Realty Services 175 Ellis Street, Staten Island, NY

    Listing date Mar 12, 2026

    MLS# 2601283 Listing URL

    Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑family, all‑brick home built in 1920 with brick construction throughout
    • Contains 6 bedrooms and 5 bathrooms, with 3 bedrooms on each floor
    • Building size of 2,480 (per remarks), plus a finished basement
    • Heating includes natural gas with steam/baseboard heat
    • Features include walk‑in closets, patio, and fenced yard
    • Parking includes 1‑car garage plus carport/open parking; public sewer; R5B zoning (per remarks)

    Overview

    This all-brick two-family residence is configured with living room, dining room, eat-in kitchen, and a full bath on each level, with three bedrooms per floor. The home also includes a finished basement and hardwood flooring. Heating is provided by baseboard heat, complemented by a wall unit. Off-street parking is supported by a large one-car garage and two additional parking spots, offering practical day-to-day convenience for tenants or owner-occupants.

    The property is located at 106 Gatling Place in Brooklyn, New York 11209, within R-5 zoning. The listing notes convenient access to stores, highways, and buses.

    With multiple bedrooms on each floor and an interior finished basement, the layout supports households that want defined living space without relying on shared-room setups. The separate two-family configuration can also appeal to buyers planning to live in one unit while renting the other, while still benefiting from the attached garage and onsite parking available for residents.

    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 $126.5k $51.00
    − Vacancy −$2.4k −$0.97
    EGI $124.1k $50.03
    − OpEx −$37.2k −$15.01
    NOI $86.9k $35.02
    2,480 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.24M
    $1.09M – $1.45M (±1% cap)
    NOI $86,854 @ 7.0% cap · market cap 6.26%
    Second Best
    Apartment 5plus
    $1.08M
    $946.4K – $1.26M (±1% cap)
    NOI $75,712 @ 7.0% cap · market cap 5.45%
    Theoretical Best
    Specialty Retail
    $2.05M
    $1.80M – $2.40M (±1% cap)
    NOI $143,741 @ 7.0% cap · market cap 10.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Parking Lot & Garage Hotel & Motel Real Estate Agency Cosmetic Store Nursing Home Big Box & Wholesale Store Nursing Home HVAC Service Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.025952
    Latitude
    40.617676

    FAQs

    What type of property is this?
    Duplex - All-brick two-family home with three bedrooms per floor, a finished basement, and garage parking under R-5 zoning.
    Where is this duplex located?
    The property is located at 106 Gatling Place Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,388,000.
    What are key features of this property?
    This property features: Two‑family, all‑brick home built in 1920 with brick construction throughout; Contains 6 bedrooms and 5 bathrooms, with 3 bedrooms on each floor; Building size of 2,480 (per remarks), plus a finished basement
    More about this property
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