Search
Six-Family Apartment Building
For Sale
$1,299,000

116 Gatling Place, Brooklyn, NY 11209

MULTI_FAMILY - Brooklyn, NY

Property Size5,100 SF
Lot Size0.07 Acres
Price / SF$254.71
Days on Market92

Property Features for 116 Gatling Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5B
Bedrooms 11
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 4, Bedroom 10, Bathroom 2, Bedroom 8, Bedroom 11, Bathroom 1, Bedroom 9, Bathroom 5, Bedroom 6, Bedroom 4, Bedroom 7, Bedroom 3, Bathroom 6
Interior features Refrigerator, Stove
Basement Unfinished
Subdivision Bensonhurst
Standard status Active
Size 5,100 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 24000

Building Details

Year built 1927
Floors in Building 3
Number of units 6
Building materials Brick
Roof type Flat
Listing Agency: Tiger Realty
Listed By: Susana Chen Chong
Added: May 14 Changed: Aug 4 Last Checked: Aug 13 at 5:06AM
MLS# 501430

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.

Six-family apartment building zoned R5B, constructed with brick and built in 1927. The building measures 20x85 and sits on a unique oversized 25x125 lot, creating outdoor space that is uncommon in many six-family properties. The roof is flat, and the unit mix is primarily spacious 2-bedroom apartments. Current occupancy includes one free-market apartment and two vacant units that can be leased to new tenants or used for owner occupancy.

The property is at 116 Gatling Place in Brooklyn, near the 86st main commercial district, restaurants, schools, parks, and public transportation.

Interior features include a refrigerator and stove.

Key Highlights

  • Brick six‑family apartment building, zoned R5B
  • Building size 20x85 with flat roof
  • Oversized 25x125 lot at 116 Gatling Place

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Hotel & Motel HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

3,649
Businesses Nearby

Demographics for 11209, NY

73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Zoned R5B brick six-family building with spacious backyard space and two vacant units for new tenants or owner occupancy.
Where is this apartment building located?
The property is located at 116 Gatling Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Brick six‑family apartment building, zoned R5B; Building size 20x85 with flat roof; Oversized 25x125 lot at 116 Gatling Place
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message