486 3rd AVE, Brooklyn, NY 11215
486 3rd AVE, Brooklyn, NY 11215
486 3rd AVE, Brooklyn, NY 11215
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$3,800,000
Est. payment /mo
19 Beds
16 Baths
6,480 SqFt
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Key Details

Property Type Multi Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,480 sqft

Price per Sqft $586

MLS Listing ID 498509

Bedrooms 19

Full Baths 16

Year Built 1940

Annual Tax Amount $63,407

Property Sub-Type Multi-Family

Property Description

Prime South Carroll Gardens / Gowanus Investment | Rare 16-Unit Multifamily Asset

Exceptional opportunity to acquire a fully stabilized 16-unit multifamily building in South Carroll Gardens / Gowanus, one of Brooklyn's most tightly held and high-demand rental markets.

This well-maintained walk-up features a desirable unit mix ranging from studios to three-bedroom apartments, including two duplex units on the first floor, driving consistent tenant demand and durable cash flow. The property is 100% occupied, with all units rent-stabilized and no rent-controlled apartments, offering predictable in-place income and long-term investment stability.

A true core Brooklyn asset in a premier location—ideal for investors seeking stable returns, strong fundamentals, and long-term appreciation in one of the borough's most resilient neighborhoods.

Location

State NY

County Kings (brooklyn)

Area Carroll Gardens

Rooms

Basement Unfinished

Interior

Hot Water Gas

Heating Gas

Flooring Hardwood

Heat Source Gas

Exterior

Exterior Feature Brick Face

Amenities Available NONE

Roof Type Flat

Handicap Access No

Building

Foundation Block

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash


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Listed by Ben Bay Realty Co

NEARBY SCHOOL & BUSINESS

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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