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About This Home
This 19-bedroom, 16-bathroom residential multi family at 486 3rd Avenue in Brooklyn, NY is listed for $3,800,000 ($586 per sqft). Built in 1940, the home offers 6,480 sqft of living space on a 0.05 acres lot.
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.
Key Features
- Built in 1940
- 0.05 acre lot
Property Details
Amenities
Monthly Cost Estimate
$20,323/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
486 3rd Avenue
Brooklyn, NY 11215
Property Details
Flooring
Construction
Questions & Answers
This 19-bedroom, 16-bathroom residential multi family at 486 3rd Avenue is listed at $3,800,000 ($586/sqft). The estimated monthly payment is $16,467 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.05 acre lot.
This property is listed by Nicholas Venturini and can be reached at (718) 680-6442 or njv1988@gmail.com.
