# 116 Gatling Place, Brooklyn, NY 11209 > **TL;DR:** 11bd/6ba residential multi family, $1,299,000 ($255/sqft), built 1927, 5,100 sqft. Est. $6,947/mo. Listed 127 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,299,000 | | Price/sqft | $255 | | Bedrooms | 11 | | Bathrooms | 6 full | | Square Feet | 5,100 | | Year Built | 1927 | | Lot Size | 3,128 sqft (0.07 acres) | | Stories | 3 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 127 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,568 | | Estimated Insurance | $379 | | **Total** | **$6,947** | ## Property Highlights - Built in 1927 - 0.07 acre lot - 3 stories ## Description ### Agent Description 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. ## Location - **Address:** 116 Gatling Place, Brooklyn, NY 11209 - **County:** Kings (Brooklyn) - **Coordinates:** 40.617544, -74.026169 - **Google Maps:** https://www.google.com/maps?q=40.617544,-74.026169 ## Listing Agent - **Name:** Susana Chen Chong - **Brokerage:** Tiger Realty - **Phone:** 9177089966 - **Broker Phone:** (917) 708-9966 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/116-Gatling-Pl_Brooklyn_NY_11209_M49883-94253?f=listhub&s=BMLSNY&m=501430&c=propsimple) ## Photos ![116 Gatling Place - Photo 1](http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f2505244409r.jpg) ![116 Gatling Place - Photo 2](http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f2505244409r.jpg) ![116 Gatling Place - Photo 3](http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f3943933790r.jpg) ![116 Gatling Place - Photo 4](http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f1650244578r.jpg) ![116 Gatling Place - Photo 5](http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f2236407533r.jpg) ![116 Gatling Place - Photo 6](http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f3332585687r.jpg) ![116 Gatling Place - Photo 7](http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f3343087435r.jpg) ![116 Gatling Place - Photo 8](http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f224355239r.jpg) --- **MLS#:** 501430 | **Updated:** 2026-09-01 **Source:** listhub *Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/116-gatling-place-brooklyn-ny-11209-y501430) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/116-gatling-place-brooklyn-ny-11209-y501430#listing", "url": "https://www.propertysimple.ai/listing/116-gatling-place-brooklyn-ny-11209-y501430", "name": "116 Gatling Place, Brooklyn, NY 11209", "description": "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.", "image": [ "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f2505244409r.jpg", "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f3943933790r.jpg", "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f1650244578r.jpg", "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f2236407533r.jpg", "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f3332585687r.jpg", "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f3343087435r.jpg", "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f224355239r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f2505244409r.jpg", "caption": "116 Gatling Place - Brooklyn, NY" }, "datePosted": "2026-05-14T00:00:00+00:00", "dateModified": "2026-09-01T19:45:23.177587+00:00", "mainEntity": { "@type": "Accommodation", "@id": "https://www.propertysimple.ai/listing/116-gatling-place-brooklyn-ny-11209-y501430#property", "name": "116 Gatling Place, Brooklyn, NY 11209", "address": { "@type": "PostalAddress", "streetAddress": "116 Gatling Place", "addressLocality": "Brooklyn", "addressRegion": "NY", "postalCode": "11209", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 40.617544, "longitude": -74.026169 }, "image": [ "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f2505244409r.jpg", "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f3943933790r.jpg", "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f1650244578r.jpg", "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f2236407533r.jpg", "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f3332585687r.jpg", "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f3343087435r.jpg", "http://lh.rdcpix.com/d14b98065eec3e349ae4b2acd329de2fl-f224355239r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "501430" }, "accommodationCategory": "Other", "numberOfBedrooms": 11, "numberOfBathroomsTotal": 6, "numberOfFullBathrooms": 6, "floorSize": { "@type": "QuantitativeValue", "value": 5100, "unitCode": "FTK", "unitText": "square feet" }, "yearBuilt": 1927, "amenityFeature": [ { "@type": "LocationFeatureSpecification", "name": "Construction Materials", "value": "Brick" } ], "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "0.07 acres" }, { "@type": "PropertyValue", "name": "Stories", "value": 3 }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Other" } ] }, "offers": { "@type": "Offer", "@id": "https://www.propertysimple.ai/listing/116-gatling-place-brooklyn-ny-11209-y501430#offer", "url": "https://www.propertysimple.ai/listing/116-gatling-place-brooklyn-ny-11209-y501430", "price": 1299000, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://www.propertysimple.ai/listing/116-gatling-place-brooklyn-ny-11209-y501430#agent" } }, "provider": { "@type": "Person", "@id": "https://www.propertysimple.ai/listing/116-gatling-place-brooklyn-ny-11209-y501430#agent", "name": "Susana Chen Chong", "telephone": "9177089966", "worksFor": { "@type": "Organization", "@id": "https://www.propertysimple.ai/listing/116-gatling-place-brooklyn-ny-11209-y501430#brokerage", "name": "Tiger Realty", "telephone": "(917) 708-9966" } } } ```