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
Community Information
Listing Map
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