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Multifamily

19 Denton Place

19 Denton Pl, Brooklyn, NY 11215

Listing Price: $3,295,000

Cap Rate
6.00%
Number of Units
5
GRM
14.53
Price/Unit
$659,000
Price/Gross SF
$1,019.18
Gross SF
3,233

Investment Overview

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.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Mike Salvatico

    Licensed Associate Real Estate Broker

    (718) 475-4358

    Email Mike

    License(s): NY: 10301216098

    New York City

Financing By

Multifamily

19 Denton Place

Listing Price: $3,295,000

Cap Rate
6.00%
Number of Units
5
GRM
14.53
Price/Unit
$659,000
Price/Gross SF
$1,019.18
Gross SF
3,233

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.

Investment Overview

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.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Mike Salvatico

    Licensed Associate Real Estate Broker

    (718) 475-4358

    Email Mike

    License(s): NY: 10301216098

    New York City

Financing By

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