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20-Unit Apartment Building
New
For Sale
$3,058,000

8794 15th Ave, Brooklyn, NY 11228

Most apartments have been updated, and the building has a superintendent and a new hot water tank.

Property Size18,720 SF
Lot Size0.13 Acres
Price / SF$163.35
Days on Market4

Property Features for 8794 15th Ave

General Information

Standard status Active
Size 18,720 SF
Lot size 0.13 Acres
Property subtype Multi Family

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 3 x 3BR, 9 x 2BR, 8 x 1BR
Multifamily Units 20

Additional Details

Gross Income $305,988

Taxes and HOA fees

Annual Taxes $48,244

Building Details

Building Size 18,720 SF
Year Built 1916
Buildings 1
Stories 4
Listing Agency: Realty First Residential
Listed By: Vincent C. D'Amario
Source: Elliman
Added: Sep 24 Last Checked: Sep 26 at 11:29AM

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 Realty First Residential

Investment Insights

Based on property information with market context.

This 20-unit apartment building in Brooklyn’s Bath Beach neighborhood contains 18,720 square feet of living area on a 60 x 97-foot lot. The unit mix comprises three three-bedroom apartments, nine two-bedroom apartments, and eight one-bedroom apartments. Each layout includes a kitchen, living room, and dining room. Most apartments have been updated, and much of the mechanical equipment was updated within the last 10 years. The property also has a new hot water tank, an updated basement, and a building superintendent who maintains the apartments.

The building is on a tree-lined street near 86th Street, with restaurants, convenience stores, supermarkets, banks, Dyker Park, and Dyker Golf Course nearby. Bus service and the Belt Parkway provide transportation connections. Walk Score is 92, Transit Score is 80, and Bike Score is 55.

Key Highlights

  • 20 apartments totaling 18,720 square feet of living area
  • Unit mix: 3 three‑bedroom, 9 two‑bedroom, and 8 one‑bedroom apartments
  • Lot measures 60 x 97 feet; building measures 60 x 78 feet

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Hotel & Motel Bar & Pub Catering 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

20
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,948
Businesses Nearby

Demographics for 11228, NY

45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
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 - Most apartments have been updated, and the building has a superintendent and a new hot water tank.
Where is this apartment building located?
The property is located at 8794 15th Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,058,000.
What are key features of this property?
This property features: 20 apartments totaling 18,720 square feet of living area; Unit mix: 3 three‑bedroom, 9 two‑bedroom, and 8 one‑bedroom apartments; Lot measures 60 x 97 feet; building measures 60 x 78 feet
More about this property
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