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    Brick 20-Unit Multifamily Building Title is generated by Realmo AI

    8794 15th Avenue, Brooklyn, NY 11228

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    Claim this Listing
    For Sale
    $3,158,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    18,720 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $168/SF
    Added:
    Dec 6, 2025
    Days on Market:
    187
    Last Refresh:
    Jun 11 at 4:06 am

    Property Features for 8794 15th Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R4
    Bedrooms
    35
    Bathrooms
    20
    Rooms
    Bathroom 16, Bedroom 20, Bathroom 6, Bedroom 18, Bedroom 6, Bedroom 3, Bathroom 20, Bedroom 17, Bathroom 8, Bathroom 19, Bathroom 1, Bedroom 10, Bedroom 14, Bathroom 14, Bedroom 2, Bedroom 22, Bathroom 10, Bathroom 5, Bathroom 9, Bedroom 19, Bedroom 28, Bedroom 34, Bedroom 27, Bedroom 33, Bedroom 7, Bedroom 4, Bedroom 8, Bedroom 23, Bedroom 16, Bedroom 30, Bathroom 12, Bathroom 15, Bedroom 5, Bedroom 11, Bedroom 12, Bedroom 31, Bathroom 2, Bathroom 3, Bathroom 18, Bedroom 15, Bedroom 29, Bathroom 7, Bedroom 24, Bathroom 11, Bathroom 4, Bedroom 32, Bedroom 35, Bedroom 26, Bedroom 21, Bedroom 25, Bathroom 13, Bathroom 17, Bedroom 9, Bedroom 1, Bedroom 13
    Interior features
    A/C Unit - Wall, A/C Unit - Window, Refrigerator, Stove
    Basement
    Full, Unfinished
    Standard status
    Active
    Size
    18,720 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Annual Amount
    48244

    Building Details

    Year built
    1916
    Floors in Building
    4
    Number of units
    20
    Flooring type
    Tile
    Building materials
    Brick
    Roof type
    Rubber, Flat

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    Listing Contact
    Vincent C. D'Amario

    Listing agent Vincent C. D'Amario

    Listing office Century 21 Realty First 6806 18th Avenue, Brooklyn, NY

    Listing date Dec 6, 2025

    MLS# 497746 Listing URL

    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

    • Brick 20‑family building (60 x 78) on a 60 x 97 lot with 18,720 total living SF
    • 20 apartments with unit mix: 3 units (3BR), 9 units (2BR), and 8 units (1BR)
    • Gross income of $297,840/yr and cap rate of about 6.25%
    • Most units updated; 10 leases renewal‑ready with room for rent increases
    • Roof system includes rubber/flat roofing; updated new flashing and clean, updated basement
    • Mechanical equipment updated within the last 10 years; brand‑new hot water tank

    Overview

    This brick 20-family property offers 18,720 square feet of residential income in a 60 x 78 building footprint on a 60 x 97 lot. The current unit mix includes eight one-bedroom layouts, nine two-bedroom layouts, and three three-bedroom apartments, each described with a kitchen plus living and dining rooms. Many of the apartments have been updated, and the building is supported by an on-site super who maintains the units and keeps them in good condition. Additional improvements include an updated, clean basement, new roof flashing, and mechanical equipment that has been updated within the last 10 years, highlighted by a hot water tank that is described as brand new.

    Set on a tree-lined street in Bath Beach, the property is positioned just a few minutes from 86th St and surrounded by everyday conveniences such as restaurants, convenience stores, supermarkets, banks, and shopping. Residents and tenants also have access to nearby Dyker Park and Dyker Golf Course, with bus stations and the Belt Parkway express to the city mentioned as close by.

    For buyers and investors, the opportunity combines current income with near-term leasing momentum, with gross income cited at $297,840 per year and a cap rate described as about 6.25%. The seller also notes 10 leases are renewal-ready, supporting a practical path to maintaining performance while pursuing future rent growth within the existing R4 residential zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.013827
    Latitude
    40.60764

    FAQs

    What type of property is this?
    Apartment building - Updated apartment mix with 10 renewals in place, plus a refreshed roof, basement, and largely updated mechanical systems.
    Where is this apartment building located?
    The property is located at 8794 15th Avenue Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $3,158,000.
    What are key features of this property?
    This property features: Brick 20‑family building (60 x 78) on a 60 x 97 lot with 18,720 total living SF; 20 apartments with unit mix: 3 units (3BR), 9 units (2BR), and 8 units (1BR); Gross income of $297,840/yr and cap rate of about 6.25%
    More about this property
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