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.

Features
: Flat
Address Map
11228
15th
8794
Avenue
0
W75° 59' 10.3''
N40° 36' 27.5''
MLS Addon
: Multi-family
20
1
: Refrigerator, Stove, Other
: Other, Tile
: Other
120260
Tiger Realty
Hang (Tyler) Chen
hc3855
$0
$0
: Full
: Brick
: Active
$50,611

Residential For Sale

8794 15th Avenue, Brooklyn, New York 11228

35 Bedrooms
18,720 Sqft
$3,490,000
Listing ID #492709
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 492709
Price : $3,490,000
Bedrooms : 35
Square Footage : 18,720 Sqft
Year Built : 1916
Lot Area : 5,800 Sqft
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern