486 3rd Avenue, Brooklyn, New York 11215

$3,800,000
19
BD
6,480
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$3,800,000
Status
ACTIVE
Days on Market
189
MLS#
498509
Year Built
1940
Bedrooms
19
Full Baths
16
Living Area
6,480
Lot Size
2,267
MLS Area Major
Carroll Gardens

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.

Additional Information

Taxes
$63,407
Financing
1031 Exchange, Bank Mortgage, Cash
Flooring
Hardwood
Heating
Gas
Exterior Features
Brick Face
Roof
Flat
Foundation
Block

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy Of Ben Bay Realty Co