19 Denton Place — Sale in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Brooklyn, NY 11215

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Investment Figures

Cap rate
6.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer 19 Denton Place. Set in the heart of Gowanus, Brooklyn, 19 Denton Place is a three-story, 3,233-square-foot multifamily building that offers investors a fully repositioned, income-producing asset just blocks from the neighborhood's rapidly transforming waterfront. The five-unit property is entirely free-market, comprising one two-bedroom, two one-bedrooms, and two studios, with no rent-stabilized units to manage around. Set on a 20' x 90' lot with M1-4/R6B zoning, the building offers investors a rare combination of stability and near-term upside in one of Brooklyn's most actively redeveloping submarkets. 19 Denton Place offers investors the chance to acquire a fully free-market, recently renovated multifamily asset in Gowanus. Units feature updated kitchens with white shaker cabinetry, stainless steel appliances, and in-unit washer/dryers, along with renovated bathrooms, refinished flooring, updated lighting, and freshly painted interiors throughout. These upgrades allow the building to command strong, top-of-market free-market rents while minimizing near-term capital needs for a new owner, positioning the asset as a turnkey acquisition rather than a heavy value-add project. Investment Highlights: • 19 Denton Place, built in 1920, is a three-story, 3,233 SF multifamily building set on a 20' x90' lot. • Zoning: M1-4/R6B | Tax Class: 2A | Air Rights: 496 SF | Free-Market Building • The neighborhood is served by the G, F, D, N, R, 2, 3, 4, and 5 subway lines, with the Atlantic Avenue–Barclays Center transit hub and the Long Island Rail Road just minutes away.

Market Context

This multifamily in Brooklyn, NY is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Brooklyn, NY — view the full market.

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