486 3rd Ave Gowanus, NY 11215
Gowanus NeighborhoodEstimated payment $25,789/month
Highlights
- Wood Flooring
- 4-minute walk to 4 Avenue-9 Street (D,M,N,R Line)
- Heating System Uses Steam
- P.S. 124 Silas B Dutcher Rated A-
- Brick Front
- Back Yard
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $63,407
Year Built
- Built in 1940
Lot Details
- 2,267 Sq Ft Lot
- Lot Dimensions are 85 x 26
- Back Yard
Home Design
- Flat Roof Shape
- Block Foundation
- Brick Front
Interior Spaces
- 6,480 Sq Ft Home
- Wood Flooring
- Unfinished Basement
Bedrooms and Bathrooms
- 19 Bedrooms
- 16 Full Bathrooms
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 1014
Community Details
Overview
- 16 Units
Building Details
- Fuel Expense $6,073
- Insurance Expense $13,388
- Utility Expense $2,335
- Gross Income $321,895
- Net Operating Income $215,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/20/2026 01/20/26 | For Sale | $3,800,000 | -- | $586 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 498509
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