126 Gatling Pl
Listing Notes
Rare opportunity to own a one-of-a-kind 8-family building in prime Bay Ridge! Built in 2008, this elevated building sits on an oversized 55' * 125' lot with a massive 40' * 86' building. Features 8 spacious 2-bedroom apartments, including 2 duplex units, for a total of 16 bedrooms and 16 full bathrooms. Each apartment offers a living/dining area, modern kitchen with island, primary suite with full bath, hardwood and tile floors, sliding doors to a private balcony, and oversized windows for abundant natural light. This well-maintained building includes 4 front balconies, 2 side balconies, 4 rear balconies, elevator, intercom system, security cameras, laundry room, separate storage room for every tenant, and separate gas boilers and water heaters for each unit. A 15-foot private driveway provides one dedicated parking space for each apartment. Current annual rental income is approximately $255,000 with excellent upside potential. Conveniently located near the R train, express buses to Manhattan, Belt Parkway, Shore Road Promenade, parks, shopping, restaurants, and all the neighborhood amenities Bay Ridge has to offer. A truly unique investment property that rarely comes to market.
Price in context
Cheaper than 25% of the 16 homes listed nearby right now, which run $2,099,999 to $4,799,000.
See all 16 nearby listings
| Address | Asking | Size |
|---|---|---|
| 344 80th St | $2,099,999 | 12 bd · 6 ba |
| 284 Dahlgren Pl | $2,150,000 | 9 bd · 3 ba |
| 328 91st St | $2,168,888 | 12 bd · 7 ba |
| 8322 10th Ave | $2,300,000 | 7 bd · 4 ba |
| 9104 3rd Ave | $2,380,000 | 7 bd · 5 ba |
| 9112 3rd Ave Unit 4 | $2,489,000 | 6 bd · 4 ba |
| 9224 3rd Ave | $2,549,000 | 14 bd · 16 ba |
| 266 83rd St | $2,588,000 | 6 bd · 5 ba |
| 234 85th St | $2,750,000 | 6 bd · 3 ba |
| 1016 84th St | $2,800,000 | 7 bd · 6 ba |
| 9307 3rd Ave | $2,999,000 | 6 bd · 5 ba |
| 705 86th St | $3,780,000 | 4 bd · 4 ba |
| 126 Gatling Pl | $3,800,000 | 16 bd · 16 ba |
| 1059 84th St | $4,200,000 | 5 bd · 6 ba |
| 1059 84th St | $4,200,000 | 5 bd · 5.5 ba |
| 341 86th St | $4,799,000 | 4 bd · 2 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more
OpenRealtor, a RealtyLens company. Listing facts are drawn from public feeds and enriched with NYC public records. This is not the original listing site.