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
$3,465,400 Zestimate®
$586/sqft
$-- HOA
What's special
Well-maintained walk-up
- 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#: 498509
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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
| 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
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
Nearby schools
GreatSchools rating
- 5/10Ps 124 Silas B DutcherGrades: PK-5Distance: 0.2 mi
- 8/10Ms 51 William AlexanderGrades: 6-8Distance: 0.4 mi
- 4/10Cyberarts Studio AcademyGrades: 9-12Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.








