Renovated Two-Family
1469 W 9th Street Brooklyn, NY 11204
MULTI_FAMILY - Brooklyn, NY
Property size:
2,106 SFLot size:
0.05 AcresPrice / SF:
$644/SF- Added:
- Jul 1, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 10 at 1:06 pm
Property Features for 1469 W 9th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 3
- Parking features
- Garage
- Interior features
- Refrigerator, Stove
- Basement
- Finished
- Standard status
- Active
- Size
- 2,106 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8204
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Brick, Wood Frame
Listing agent Michelle J. Zhang (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date Jul 1, 2026
MLS# 502681
Listing URL
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This beautifully renovated, move-in-ready two-family home has been completely updated approximately three years ago and offers modern finishes throughout. The first-floor apartment features a two-bedroom layout with an updated kitchen, renovated bathroom, and direct access to a large backyard patio. That unit is duplexed with a finished basement including two additional rooms, a dedicated laundry area, and flexible living space. The second-floor apartment includes two bedrooms, a bright living room, a front balcony, and sliding glass doors to a private rear deck, along with a renovated full bathroom.
Set on a generous lot, the property includes an oversized private driveway approximately 14 feet wide and a detached garage for off-street parking. Structural and utility improvements include an updated electrical system, a semi-detached garage, and three separate electric meters designed to simplify property management. Located in Bensonhurst, the home is minutes from Bay Parkway and nearby shopping, supermarkets, restaurants, and public transportation lines.
For buyers seeking a ready-to-occupy residential income property, the layout supports two distinct apartments with exterior outdoor space at both levels and a finished basement that adds usable room options. The combination of covered utility separation via multiple electric meters and on-site parking makes the property practical for both owner-occupants and renters.
Set on a generous lot, the property includes an oversized private driveway approximately 14 feet wide and a detached garage for off-street parking. Structural and utility improvements include an updated electrical system, a semi-detached garage, and three separate electric meters designed to simplify property management. Located in Bensonhurst, the home is minutes from Bay Parkway and nearby shopping, supermarkets, restaurants, and public transportation lines.
For buyers seeking a ready-to-occupy residential income property, the layout supports two distinct apartments with exterior outdoor space at both levels and a finished basement that adds usable room options. The combination of covered utility separation via multiple electric meters and on-site parking makes the property practical for both owner-occupants and renters.
Key Highlights
- Two‑family home renovated approximately 3 years ago with move‑in‑ready interior features including refrigerator and stove
- Two separate apartments plus finished basement in the duplex layout, offering flexible additional rooms and laundry area
- First‑floor unit includes direct access to a large backyard patio via updated kitchen and renovated bathroom
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.4k | $51.00 |
| − Vacancy | −$2.0k | −$0.97 |
| EGI | $105.4k | $50.03 |
| − OpEx | −$31.6k | −$15.01 |
| NOI | $73.8k | $35.02 |
2,106 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$922.0K – $1.23M
NOI $73,756 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$918.5K
$803.7K – $1.07M
NOI $64,294 @ 7.0% cap · market cap 4.73%
Theoretical Best
Specialty Retail
$1.74M
$1.53M – $2.03M
NOI $122,064 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey two-family duplex with updated interiors, flexible finished basement, and ample off-street parking.
Where is this duplex located?
The property is located at 1469 W 9th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,358,000.
What are key features of this property?
This property features: Two‑family home renovated approximately 3 years ago with move‑in‑ready interior features including refrigerator and stove; Two separate apartments plus finished basement in the duplex layout, offering flexible additional rooms and laundry area; First‑floor unit includes direct access to a large backyard patio via updated kitchen and renovated bathroom
