Skip to content

8794 15th Avenue, Brooklyn, New York, 11228

$3,490,000

35

Beds

Bathrooms

18,720

Building Sqft

0.13

Acres

5,800

Lot Sqft

About 8794 15th Avenue

Presenting a rare opportunity to acquire a well-maintained, income-producing 20-family brick building in the heart of Bath Beach—one of Brooklyn’s most established and sought-after neighborhoods.

Property Details:

Building Size: 60′ x 78′, Lot Size: 60′ x 97′.

Total Living Area: 18,720 SF

Unit Mix:

(3) Three-bedroom units

(9) Two-bedroom units

(8) One-bedroom units

Most units have been updated

Financial Highlights:

Gross Annual Income: $290,820

Cap Rate: Over 5%

Approximately 10 leases renew annually, offering consistent rent growth potential

Situated on a quiet, tree-lined street just minutes from 86th Street retail, restaurants, banks, supermarkets, Dyker Beach Park & Golf Course, and public transportation. Easy access to the Belt Parkway.

This is a high-performing, turn-key asset with stable cash flow and future upside—ideal for investors seeking a strategic long-term hold in a proven Brooklyn submarket.

Features of 8794 15th Avenue

MLS® #
492709
Bedrooms
35
Acres
0.13
Type
Residential
Price
$3,490,000
Square Footage
18,720
Year Built
1916
Sub-Type
Multi-Family

Community Information

Address
8794 15th Avenue
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11228

Listing Information

Agent Name
Hang (Tyler) Chen
Agent Office
Tiger Realty

Get Directions to Property:

Payment Calculator

(718) 987-7900