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8794 15th Ave, Brooklyn, NY, 11228

35beds
20baths
18,720sqft
$3,058,000
$163price/sqft
$20,827/moest. monthly cost
$833,080/yrincome needed

About This Home

Introducing one-of-a-kind Brick 20-Family in the most desired neighborhood, Bath Beach of Brooklyn, NY. This gem has a building size of 60 x 78 sitting on a 60 x 97 lot. Total 18,720 living SF. This property features 20 apartments. Most of the units have been updated. 3 units with 3 bedrooms with a Kitchen and living room and Dining room (6 rooms); 9 units with 2 bedrooms and a Kitchen and living room and Dining room (5 rooms); 8 units with 1 bedroom and a Kitchen and living room and Dining room (4 rooms). This investment generates a gross income of $297,840/yr, with 10 leases for renewal ready with a boost of rent increase. The building offers a Cap Rate that is about 6.25%. This high-income building combines consistent cash flow with future growth potential. Other features include A super resident in the building, maintaining all apartments while keeping them in good condition. Nice and clean basement updated new flashing on roof, and most mechanical equipment updated in the last 10 years, hot water tank brand new. The building is located on a beautiful tree-lined street, just a few minutes away from 86th St, restaurants, convenience stores, supermarkets, banks, shopping, Dyker Park, and Dyker Golf Course; Bus stations, and the Belt Parkway express to the city. Won't last!

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
70
BikeVery Bikeable

Schools

7/10
Ps 229 DykerGrades PK-80.2 mi
3/10
New Utrecht High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1916

Materials

  • Foundation: Concrete Perimeter
  • Roof: Flat,Rubber
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Stove,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 35
  • Bathrooms: 20
  • Full bathrooms: 20

Features

  • Flooring: Tile,Other

Heating & Cooling

  • Heating features: Natural Gas,Steam/Radiator
  • Cooling features: Wall Unit(s),Window Unit(s)

Interior Area

  • Total structure area: 18,720
  • Total interior livable area: 18,720 sqft

Property

Details

  • Zoning: R4
  • Special condition: Arm's Length
  • Foundation area: 4680

Features

  • Stories: 4

Lot

  • Lot size: 5,808 sqft
  • Features: Back Yard,Front Yard
  • Lot size dimensions: 60x96

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,462$185,544
Home Insurance *$845$10,140
Property Taxes $1,427$17,124
Electricity $3,093$37,123
Total$20,827$249,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$714,068/yr
40% on housing$624,810/yr
45% on housing$555,386/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$163This listing

vs Other Active Listings

Avg $/sqft

ZIP 11228$753
Kings County$698

vs Homes Sold Last Month

Median $/sqft

ZIP 11228$763
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-12-06Listed for sale$3,198,000
2025-11-27Listing removed$3,490,000
2025-11-16Listed for sale$3,490,000
2025-10-22Pending sale$3,490,000
2025-05-14Listed for sale$3,490,000
2025-05-01Listing removed$3,580,000
2025-03-27Price change$3,580,000
2025-01-14Listed for sale$3,680,000

For Sale by Agent

AgentVincent C. D'Amario
BrokerageCentury 21 Realty First

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