About 116 Gatling
Excellent investment opportunity at 116 Gatling Place, a well-maintained 6-family building located in the heart of Brooklyn. Building size is 20x85 on a unique oversized 25x125 lot, providing an expansive backyard space rarely found in other six-family properties. This income-producing property offers strong cash flow with additional upside potential, featuring one free-market apartment and two vacant units ready for new tenants or owner occupancy. The building consists primarily of spacious 2-bedroom apartments and presents an attractive return for investors seeking long-term growth and stable rental income. With a fair annual property tax of only $24,776 and relatively low operating expenses, this property is a standout investment opportunity. Conveniently located near 86st main commercial district, restaurants, schools, parks, and public transportation, the neighborhood continues to see strong rental demand and steady growth.
Features of 116 Gatling
| MLS® # | 501430 |
|---|---|
| Price | $1,299,000 |
| Bedrooms | 11 |
| Bathrooms | 0.00 |
| Full Baths | 6 |
| Square Footage | 5,100 |
| Year Built | 1927 |
| Type | Multi-Family |
| Sub-Type | Multi-Family |
| Status | Active |
Community Information
| Address | 116 Gatling |
|---|---|
| Area | Bensonhurst |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11209 |
Amenities
| Amenities | NONE |
|---|---|
| Features | Refrigerator, Stove, Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Other |
|---|---|
| Appliances | Refrigerator, Stove |
| Heating | Hot Water |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Flat |
| Construction | Brick |
| Foundation | Stone |
Additional Information
| Date Listed | May 14th, 2026 |
|---|---|
| Days on Market | 80 |
| Zoning | R5B |
| Tax | $24,000 |