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.
Active
Price cut: $81K (8/1)
$1,299,000
116 Gatling Pl, Brooklyn, NY 11209
11beds
5,100sqft
Multi Family
Built in 1927
-- sqft lot
$1,282,700 Zestimate®
$255/sqft
$-- HOA
What's special
Expansive backyard space
- 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
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Price change | $1,299,000-5.9%$255/sqft |
Source: | ||
| 5/14/2026 | Listed for sale | $1,380,000+8.7%$271/sqft |
Source: | ||
| 6/18/2014 | Sold | $1,270,000$249/sqft |
Source: StreetEasy #S1010210742 Report a problem | ||
Public tax history
Tax history is unavailable.






