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  • Price cut: $81K (8/1)
    $1,299,000

    116 Gatling Pl, Brooklyn, NY 11209

    11beds
    5,100sqft
    Loading
    Multi Family
    Built in 1927
    -- sqft lot
    $1,282,700 Zestimate®
    $255/sqft
    $-- HOA

    What's special

    Expansive backyard space
    Excellent investment opportunity at 116 Gatling Place, a well-maintained 6-family building located in the heart of Brooklyn. Building size is 20x85 on a unique oversized 25x125 lot, providing an expansive backyard space rarely found in other six-family properties. This income-producing property offers strong cash flow with additional upside potential, featuring one free-market apartment and two vacant units ready for new tenants or owner occupancy. The building consists primarily of spacious 2-bedroom apartments and presents an attractive return for investors seeking long-term growth and stable rental income. With a fair annual property tax of only $24,776 and relatively low operating expenses, this property is a standout investment opportunity. Conveniently located near 86st main commercial district, restaurants, schools, parks, and public transportation, the neighborhood continues to see strong rental demand and steady growth.
    147 days
    397
    16

    Zillow last checked:

    Listing updated:

    Listed by:

    Tiger Realty 347-825-1830,

    Susana Chen

    Source: StreetEasy,MLS#: S1828897

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 6
      • Full bathrooms: 6
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 5,100
      • Total interior livable area: 5,100 sqft

      Property

      Details
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1927

      Community & HOA

      Community
      • Subdivision: Fort Hamilton
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $255/sqft
      • Date on market: 5/18/2026

        Estimated market value

        $1,282,700

        $1.22M - $1.35M

        $3,504/mo

        Price history

        DateEventPrice
        8/1/2026Price change$1,299,000-5.9%$255/sqft
        Source: BNYMLS #501430 Report a problem
        5/14/2026Listed for sale$1,380,000+8.7%$271/sqft
        Source: BNYMLS #501430 Report a problem
        6/18/2014Sold$1,270,000$249/sqft
        Source: StreetEasy #S1010210742 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Bay Ridge

        Getting around

        96 / 100
        Walker's Paradise
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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