Prime South Carroll Gardens / Gowanus Investment | Rare 16-Unit Multifamily Asset Exceptional opportunity to acquire a fully stabilized 16-unit multifamily building in South Carroll Gardens / Gowanus, one of Brooklyn’s most tightly held and high-demand rental markets. This well-maintained walk-up features a desirable unit mix ranging from studios to three-bedroom apartments, including two duplex units on the first floor, driving consistent tenant demand and durable cash flow. The property is 100% occupied, with all units rent-stabilized and no rent-controlled apartments, offering predictable in-place income and long-term investment stability. A true core Brooklyn asset in a premier location—ideal for investors seeking stable returns, strong fundamentals, and long-term appreciation in one of the borough’s most resilient neighborhoods.
For sale
$3,800,000
486 3rd Ave, Brooklyn, NY 11215
19beds
6,480sqft
Multi Family
Built in 1940
-- sqft lot
$3,429,800 Zestimate®
$586/sqft
$-- HOA
What's special
Well-maintained walk-up
- 72 days |
- 205 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: January 22, 2026 at 05:41am
Listing by:
Ben Bay Realty Co 718-680-6442,
Nicholas Venturini 347-543-2741,
Christina Girgenti 718-938-5033,
Ben Bay Realty Co
Source: BNYMLS,MLS#: 498509
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 19
- Bathrooms: 16
- Full bathrooms: 16
Heating
- Natural Gas, Steam/Radiator
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Unfinished
Interior area
- Total structure area: 6,480
- Total interior livable area: 6,480 sqft
Property
Parking
- Parking features: None
Lot
- Size: 2,267 Square Feet
- Dimensions: 26x85
- Features: Back Yard
Details
- Foundation area: 1620
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer, Block, Brick
- Foundation: Block
- Roof: Flat
Condition
- Year built: 1940
Utilities & green energy
- Electric: 220 Volts
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $586/sqft
- Annual tax amount: $63,407
- Date on market: 1/20/2026
- Cumulative days on market: 73 days
Estimated market value
$3,429,800
$3.22M - $3.60M
$3,716/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Listed for sale | $3,800,000$586/sqft |
Source: | ||
| 10/13/2021 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 10/1/2021 | Listed for rent | $2,100-15.8% |
Source: StreetEasy Report a problem | ||
| 10/15/2016 | Listing removed | $2,495+4% |
Source: Citi Nest Group Report a problem | ||
| 2/23/2016 | Listing removed | $2,400 |
Source: Ideal Properties Group Report a problem | ||
| 12/23/2015 | Listed for rent | $2,400+8.1% |
Source: Rapid Realty Report a problem | ||
| 5/1/2015 | Listing removed | $2,220 |
Source: Ideal Properties Group Report a problem | ||
| 4/21/2015 | Listed for rent | $2,220 |
Source: Ideal Properties Group Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Gowanus
Nearby schools
GreatSchools rating
- 5/10Ps 124 Silas B DutcherGrades: PK-5Distance: 0.2 mi
- 4/10Park Slope CollegiateGrades: 6-12Distance: 0.7 mi
- 8/10Ms 51 William AlexanderGrades: 6-8Distance: 0.4 mi








