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Elevated 8-Unit Multifamily Building
For Sale
$3,800,000

126 Gatling Pl, Brooklyn, NY 11209

Built in 2008, this elevator-served 8-family building offers 2-bedroom units with private balconies and dedicated parking.

Property Size12,800 SF
Lot Size0.48 Acres
Price / SF$1,104
Days on Market44

Property Features for 126 Gatling Pl

General Information

Standard status Active
Size 12,800 SF
Total Parking Spaces 15
Lot size 0.48 Acres
Property subtype Multi Family

Additional Details

Multifamily Units 8

Taxes and HOA fees

Annual Taxes $69,318

Building Details

Building Size 12,800 SF
Year Built 2008
Stories 3
Listing Agency: REMAX EDGE
Listed By: Jason Zhou · License #10301217017
Source: Elliman
Added: Jul 14 Changed: Aug 25 Last Checked: Aug 25 at 7:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX EDGE

Investment Insights

Based on property information with market context.

Built in 2008, this elevated 8-family multifamily building is situated on a 55’ × 125’ lot. The property features a total of eight 2-bedroom apartments, including two duplex units, for 16 bedrooms and 16 full bathrooms. Interiors include living/dining areas, modern kitchens with islands, primary suites with full baths, and hardwood and tile flooring, with sliding doors leading to private balconies. The building offers four front balconies, two side balconies, and four rear balconies.

Additional amenities include an elevator, intercom system, security cameras, and a laundry room, along with separate storage for every tenant. Each unit has its own gas boiler and water heater. A 15-foot private driveway provides one dedicated parking space per apartment.

For sale as a complete income property, it currently has approximately $255,000 in annual rental income.

Key Highlights

  • Built in 2008: elevator‑served 8‑family building with 8 spacious 2‑bedroom apartments (16 bedrooms, 16 full baths).
  • Massive building footprint on an oversized 55' x 125' lot (40' x 86' building).
  • Each unit includes a living/dining area, modern kitchen with island, hardwood and tile floors, and sliding doors to a private balcony.

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

8
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 2008, this elevator-served 8-family building offers 2-bedroom units with private balconies and dedicated parking.
Where is this apartment building located?
The property is located at 126 Gatling Pl Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Built in 2008: elevator‑served 8‑family building with 8 spacious 2‑bedroom apartments (16 bedrooms, 16 full baths).; Massive building footprint on an oversized 55' x 125' lot (40' x 86' building).; Each unit includes a living/dining area, modern kitchen with island, hardwood and tile floors, and sliding doors to a private balcony.
More about this property
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