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8794 15th Avenue, Brooklyn, NY 11228
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$3,490,000
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Home Details for 8794 15th Avenue
Price
$3,490,000
Type
Multi Family
Bedrooms
35
Full Bathrooms
20
Year Build
1916
Sq. Ft.
18720
Lot Size
0.13
County
Kings
Basement
Full
Tax
$50,611
MLS®️ Listing#
492709
On exitrealty.com
168 days
Property Description
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.
- Heating Information
- Hot Water
- Natural Gas
- Parking
- Other
- Basement
- Full
Listing Courtesy: Tiger Realty - 917-708-9966
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Brooklyn MLS. All Rights Reserved.
Fair Housing Notice
Fair Housing NoticeLast Updated: 2025-11-16 10:34:35
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$3,490,000
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