Presenting a rare opportunity to acquire a well-maintained, income-producing 20-family brick building in the heart of Bath Beach—one of Brooklyn’s most established and sought-after neighborhoods. Property Details: Building Size: 60' x 78', Lot Size: 60' x 97'. Total Living Area: 18,720 SF Unit Mix: (3) Three-bedroom units (9) Two-bedroom units (8) One-bedroom units Most units have been updated Financial Highlights: Gross Annual Income: $290,820 Cap Rate: Over 5% Approximately 10 leases renew annually, offering consistent rent growth potential Situated on a quiet, tree-lined street just minutes from 86th Street retail, restaurants, banks, supermarkets, Dyker Beach Park & Golf Course, and public transportation. Easy access to the Belt Parkway. This is a high-performing, turn-key asset with stable cash flow and future upside—ideal for investors seeking a strategic long-term hold in a proven Brooklyn submarket.
Active
$3,490,000
8794 15th Ave, Brooklyn, NY 11228
35beds
18,720sqft
Rental Unit
Built in 1916
-- sqft lot
$-- Zestimate®
$186/sqft
$-- HOA
What's special
Brick building
- 80 days
- on Zillow |
- 250 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: May 16, 2025 at 03:22pm
Listing by:
Tiger Realty 646-239-5999,
Tyler Hang Chen
Source: StreetEasy,MLS#: S1771782
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 35
- Bathrooms: 20
- Full bathrooms: 20
Interior area
- Total structure area: 18,720
- Total interior livable area: 18,720 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Rental Unit
Condition
- Year built: 1916
Community & HOA
Community
- Subdivision: Bath Beach
HOA
- Services included: Maintenance
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $186/sqft
- Date on market: 5/16/2025
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