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8-Unit Apartment Building
For Sale
$3,600,000

126 Gatling Place, Brooklyn, NY 11209

Residential, Brooklyn, NY

Property Size12,800 SF
Lot Size0.16 Acres
Price / SF$281.25
Days on Market81

Property Features for 126 Gatling Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5B
Bedrooms 16
Bathrooms 16
Full bathrooms 16
Rooms Bedroom 13, Bathroom 2, Bathroom 6, Bathroom 13, Bedroom 6, Bedroom 9, Bedroom 15, Bathroom 16, Bedroom 12, Bathroom 12, Bedroom 3, Bathroom 9, Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 10, Bathroom 15, Bathroom 11, Bathroom 7, Bedroom 14, Bedroom 11, Bathroom 5, Bathroom 1, Bedroom 1, Bathroom 14, Bedroom 8, Bedroom 16, Bathroom 8, Bathroom 10, Bedroom 2, Bedroom 7
Interior features A/C Unit - Wall, Central Air - Split, Dishwasher, Dryer, Elevator, Refrigerator, Stove, Terrace, Washer
Basement Finished, Full
Accessibility Accessible Elevator Installed
Subdivision Bay Ridge
Standard status Active
Size 12,800 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 69318

Amenities

intercom system
security cameras
laundry room
storage room
private balcony

Building Details

Year built 2008
Floors in Building 3
Flooring type Tile, Hardwood
Building materials Brick
Roof type Flat
Listing Agency: RE/MAX Edge · RE/MAX International
Listed By: Jason Zhou · License #JZ1320
Added: Jul 13 Changed: Sep 16 Last Checked: Oct 1 at 5:06PM
MLS# 502979

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.

Built in 2008, this 12,800-square-foot brick apartment building contains eight two-bedroom residences, including two duplexes, with 16 bedrooms and 16 full bathrooms overall. Interior features include living and dining areas, modern kitchens with islands, primary suites, hardwood and tile flooring, private balconies, oversized windows, and in-unit laundry equipment. The property also has an elevator, intercom, security cameras, a laundry room, and separate storage for each tenant.

Set on a 0.1581-acre lot at 126 Gatling Place in Brooklyn, the building includes a 15-foot private driveway with one dedicated parking space per apartment. Separate gas boilers and water heaters serve each unit. The R5B-zoned property is near the R train, express buses to Manhattan, Belt Parkway, Shore Road Promenade, parks, shopping, and restaurants.

Key Highlights

  • Eight two‑bedroom apartments, including two duplex units
  • 12,800 SF building on a 0.1581‑acre lot
  • 16 bedrooms and 16 full bathrooms

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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

8
Residential units
Yes
Highway access

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
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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 - Elevator-served multifamily property with private balconies, individual storage, and dedicated parking for every apartment.
Where is this apartment building located?
The property is located at 126 Gatling Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Eight two‑bedroom apartments, including two duplex units; 12,800 SF building on a 0.1581‑acre lot; 16 bedrooms and 16 full bathrooms
More about this property
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