About 8794 15th
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 of 8794 15th
| MLS® # | 492709 |
|---|---|
| Price | $3,490,000 |
| Bedrooms | 35 |
| Bathrooms | 0.00 |
| Full Baths | 20 |
| Square Footage | 18,720 |
| Year Built | 1916 |
| Type | Multi-Family |
| Sub-Type | Multi-Family |
| Status | Active |
Community Information
| Address | 8794 15th |
|---|---|
| Area | Bensonhurst |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11228 |
Amenities
| Amenities | NONE |
|---|---|
| Features | Refrigerator, Stove, Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile, Other |
|---|---|
| Appliances | Refrigerator, Stove |
| Heating | Hot Water |
| Fireplace | No |
| # of Stories | 4 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Flat |
| Construction | Brick |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | May 14th, 2025 |
|---|---|
| Days on Market | 109 |
| Zoning | R4 |
| Tax | $50,611 |