486 3rd Avenue, Brooklyn, NY 11215
MULTI_FAMILY - Brooklyn, NY
- Added:
- Jan 20, 2026
- Days on Market:
- 149
- Last Refresh:
- Jun 18 at 1:06 pm
Property Features for 486 3rd Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 19
- Bathrooms
- 16
- Rooms
- Bathroom 9, Bathroom 11, Bathroom 15, Bathroom 2, Bathroom 3, Bathroom 10, Bathroom 4, Bedroom 15, Bedroom 2, Bedroom 13, Bedroom 9, Bedroom 1, Bathroom 7, Bedroom 6, Bathroom 12, Bedroom 18, Bathroom 6, Bedroom 3, Bedroom 19, Bedroom 12, Bathroom 1, Bathroom 5, Bedroom 8, Bathroom 8, Bedroom 5, Bedroom 11, Bathroom 16, Bedroom 10, Bathroom 14, Bedroom 7, Bedroom 16, Bedroom 14, Bedroom 17, Bedroom 4, Bathroom 13
- Basement
- Unfinished
- Standard status
- Active
- Size
- 6,480 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 63407
Building Details
- Year built
- 1940
- Flooring type
- Hardwood
- Building materials
- Block, Brick
- Roof type
- Flat
Listing agent Nicholas Venturini License #NV3472 (718) 680-6442
Listing office Ben Bay Realty Co 8304 13th Ave, Brooklyn, NY (718) 680-6442
Listing date Jan 20, 2026
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.
HighLights
- 16‑unit multifamily building in South Carroll Gardens/Gowanus
- 100% occupied; all units are rent‑stabilized with no rent‑controlled apartments
- Unit mix includes studios through three‑bedroom apartments, including two duplex units on the first floor
- Walk‑up multifamily with flat roof
- Built in 1940 with block and brick construction
- Hardwood flooring
Overview
Local Financial Insights For Apartment 5plus
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 | $367.0k | $56.64 |
| − Vacancy | −$7.3k | −$1.13 |
| EGI | $359.7k | $55.51 |
| − OpEx | −$161.9k | −$24.98 |
| NOI | $197.8k | $30.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.991997
- Latitude
- 40.670712
