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$ 3,800,000
Est. payment /mo
New
126 Gatling PL Brooklyn, NY 11209
16 Beds
16 Baths
12,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,800 sqft
Price per Sqft $296
MLS Listing ID 502979
Bedrooms 16
Full Baths 16
Year Built 2008
Annual Tax Amount $69,318
Property Sub-Type Multi-Family
Property Description
Rare opportunity to own a one-of-a-kind 8-family building in prime Bay Ridge! Built in 2008, this elevated building sits on an oversized 55' × 125' lot with a massive 40' × 86' building. Features 8 spacious 2-bedroom apartments, including 2 duplex units, for a total of 16 bedrooms and 16 full bathrooms. Each apartment offers a living/dining area, modern kitchen with island, primary suite with full bath, hardwood and tile floors, sliding doors to a private balcony, and oversized windows for abundant natural light. This well-maintained building includes 4 front balconies, 2 side balconies, 4 rear balconies, elevator, intercom system, security cameras, laundry room, separate storage room for every tenant, and separate gas boilers and water heaters for each unit. A 15-foot private driveway provides one dedicated parking space for each apartment. Current annual rental income is approximately $255,000 with excellent upside potential. Conveniently located near the R train, express buses to Manhattan, Belt Parkway, Shore Road Promenade, parks, shopping, restaurants, and all the neighborhood amenities Bay Ridge has to offer. A truly unique investment property that rarely comes to market.
Location
State NY
County Kings (brooklyn)
Area Bay Ridge
Zoning R5B
Rooms
Basement Finished, Full
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available Door – Intercom, Laundry – Card Operated, Storage rooms
Roof Type Flat
Handicap Access Unknown
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by RE/MAX Edge
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Christina Girgenti
Broker Associate