8794 15th Ave - Apartments FOR SALE


Brooklyn, NY 11228- Bath Beach
$3,490,000 USD
646-239-5999
8794 15th Ave, Brooklyn, NY for Sale
$3,490,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

8794 15th Ave
Brooklyn, NY 11228
Bath Beach


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,490,000 USD

PRICE/SF

$186 USD /SF

# OF UNITS

20

PRICE/UNIT

$174,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1916

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

R4

APN/PARCEL ID

06426-0052

ASK ABOUT THIS PROPERTY

Tyler ChenTiger RealtyMore Info
646-239-5999

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Tyler ChenTiger RealtyMore Info
646-239-5999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.