Bay Ridge Four-Family Home

110 Gatling Place Brooklyn, NY 11209

Claim this Listing
For Sale
$1,600,000

MULTI_FAMILY - Brooklyn, NY

Property size:
3,000 SF
Lot size:
0.07 Acres
Price / SF:
$533/SF
Added:
Mar 10, 2026
Days on Market:
125
Last Refresh:
Jul 12 at 4:06 pm

Property Features for 110 Gatling Place

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5B
Bedrooms
7
Bathrooms
4
Rooms
Bathroom 4, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 7, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 1
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

Listing office Momentum Real Estate LLC 1703 86 Street, Brooklyn, NY

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.


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 4‑family home built in 1921 with four residential units
  • Unit mix: three units with 2 bedrooms and 1 full bathroom; one unit with 1 bedroom and 1 full bathroom
  • Built on a 25’ x 126’ lot with a 20’ x 75’ building size

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 (±1% cap)
NOI $105,065 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$1.31M
$1.14M – $1.53M (±1% cap)
NOI $91,587 @ 7.0% cap · market cap 5.72%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M (±1% cap)
NOI $173,880 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

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

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

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: 4‑family home built in 1921 with four residential units; Unit mix: three units with 2 bedrooms and 1 full bathroom; one unit with 1 bedroom and 1 full bathroom; Built on a 25’ x 126’ lot with a 20’ x 75’ building size
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More about this property
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