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For sale
  • $3,800,000

    486 3rd Ave, Brooklyn, NY 11215

    19beds
    6,480sqft
    Loading
    Multi Family
    Built in 1940
    -- sqft lot
    $3,465,400 Zestimate®
    $586/sqft
    $-- HOA

    What's special

    Well-maintained walk-up
    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.
    170 days
    |
    214
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed 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#: 498509MLS Logo

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      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: 171 days

        Estimated market value

        $3,465,400

        $3.26M - $3.64M

        $3,459/mo

        Price history

        DateEventPrice
        1/20/2026Listed for sale$3,800,000$586/sqft
        Source: BNYMLS #498509 Report a problem
        10/13/2021Listing removed--
        Source: StreetEasy Report a problem
        10/1/2021Listed for rent$2,100-15.8%
        Source: StreetEasy Report a problem
        10/15/2016Listing removed$2,495+4%
        Source: Citi Nest Group Report a problem
        2/23/2016Listing removed$2,400
        Source: Ideal Properties Group Report a problem
        12/23/2015Listed for rent$2,400+8.1%
        Source: Rapid Realty Report a problem
        5/1/2015Listing removed$2,220
        Source: Ideal Properties Group Report a problem
        4/21/2015Listed for rent$2,220
        Source: Ideal Properties Group 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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Gowanus

        Getting around

        97 / 100
        Walker's Paradise
        91 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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