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6-Family Apartment Building with Yard
For Sale
$1,299,000

116 Gatling Place, Brooklyn, NY 11209

Residential, Brooklyn, NY

Property Size5,100 SF
Lot Size0.07 Acres
Price / SF$254.71
Days on Market141

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 6, Bedroom 1, Bedroom 7, Bedroom 11, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 5, Bedroom 6, Bathroom 1, Bedroom 9, Bedroom 5, Bedroom 8, Bedroom 10, Bathroom 4, Bathroom 2
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

Amenities

backyard

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: Sep 16 Last Checked: Oct 1 at 4:06PM
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.

This 6-family apartment building in Brooklyn was constructed in 1927 with brick exterior walls and a flat roof. The 5,100-square-foot property includes primarily two-bedroom apartments, with one free-market apartment and two vacant units that can support new tenancy or owner occupancy. Refrigerators and stoves are included, and the building has six bathrooms.

The property occupies a 25x125 lot and includes a rear yard, while the building measures 20x85. It is located at 116 Gatling Place in Brooklyn, near the 86st commercial district, restaurants, schools, parks, and public transportation. R5B zoning supports the existing multifamily configuration.

Key Highlights

  • 6‑family apartment building with primarily two‑bedroom units
  • 5,100 Square Feet of building area
  • 25x125 lot with an expansive rear yard

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Hotel & Motel HVAC Service Auto Parts 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick residential property with six apartments, a rear yard, and a mix of occupied and available units.
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: 6‑family apartment building with primarily two‑bedroom units; 5,100 Square Feet of building area; 25x125 lot with an expansive rear yard
More about this property
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