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

8794 15th Avenue, Brooklyn, NY 11228

MULTI_FAMILY - Brooklyn, NY

Property Size18,720 SF
Lot Size0.13 Acres
Price / SF$163.35
Days on Market250

Property Features for 8794 15th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4
Bedrooms 35
Bathrooms 20
Full bathrooms 20
Rooms Bedroom 21, Bedroom 11, Bedroom 13, Bedroom 22, Bedroom 32, Bedroom 9, Bathroom 7, Bathroom 10, Bedroom 30, Bedroom 35, Bedroom 26, Bedroom 5, Bathroom 14, Bathroom 11, Bedroom 33, Bedroom 27, Bedroom 3, Bedroom 7, Bedroom 6, Bedroom 31, Bathroom 6, Bedroom 17, Bathroom 19, Bathroom 13, Bedroom 16, Bedroom 4, Bedroom 24, Bathroom 8, Bedroom 19, Bedroom 12, Bedroom 28, Bedroom 23, Bedroom 34, Bathroom 12, Bedroom 15, Bathroom 20, Bedroom 29, Bedroom 2, Bedroom 25, Bathroom 3, Bathroom 15, Bathroom 18, Bathroom 1, Bathroom 2, Bathroom 9, Bathroom 4, Bedroom 20, Bedroom 14, Bedroom 10, Bedroom 8, Bathroom 16, Bathroom 5, Bathroom 17, Bedroom 18, Bedroom 1
Interior features A/C Unit - Wall, A/C Unit - Window, Refrigerator, Stove
Basement Unfinished, Full
Subdivision Bath Beach
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
Listing Agency: Century 21 Realty First
Listed By: Vincent C. D'Amario
Added: Dec 6, 2025 Changed: Aug 4 Last Checked: Aug 13 at 4:06AM
MLS# 497746

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.

Brick 20-unit multifamily building in Bath Beach with a 60 x 78 building footprint on a 60 x 97 lot. The property totals 18,720 SF and was built in 1916. Unit mix includes 3 three-bedroom units, 9 two-bedroom units, and 8 one-bedroom units, with most apartments updated. Interior features noted include wall and window A/C units along with stoves and refrigerators.

Updates include a newly updated basement, roof flashing, and multiple mechanical equipment upgrades within the last 10 years, including a brand-new hot water tank. The roof is described as flat with rubber roofing, and there is a super resident on-site.

For lease-up readiness, there are 10 leases noted as renewal-ready, and the property is presented with a cap rate of about 6.25%. The building is located on a tree-lined street and is described as a few minutes from 86th St, nearby restaurants, convenience stores, supermarkets, banks, shopping, Dyker Park, and Dyker Golf Course, with bus stations and Belt Parkway access into the city.

Key Highlights

  • 20 apartments in a brick building totaling 18,720 SF
  • 60 x 78 building size on a 60 x 97 lot
  • Zoned R4 multifamily property built in 1916

Property Analytics

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

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 - Zoned R4 brick apartment building with 20 apartments and updated units, plus roof and mechanical upgrades.
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 $3,058,000.
What are key features of this property?
This property features: 20 apartments in a brick building totaling 18,720 SF; 60 x 78 building size on a 60 x 97 lot; Zoned R4 multifamily property built in 1916
More about this property
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