Duplex with Wall A/C
For Sale
$1,100,000
1794 W 9th Street, Brooklyn, NY 11223
MULTI_FAMILY - Brooklyn, NY
Property Size1,453 SF
Lot Size0.04 Acres
Price / SF$757.05
Days on Market137
Property Features for 1794 W 9th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Interior features
A/C Unit, A/C Unit - Wall
Basement
Full
Subdivision
Gravesend
Standard status
Active
Size
1,453 SF
Lot size
0.04 Acres
Building Details
Number of units
2
Flooring type
Tile
Building materials
Block
Listing Agency:
Efocus Team Real Estate Inc
(347) 882-1913
Listed By:
Chun Ying (Emily) Chen
(929) 627-0912
Added: Apr 19
Changed: Jul 30
Last Checked: Sep 2 at 1:06PM
MLS# 500644
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 two-family duplex at 1794 W 9th Street is described as being in good condition and is set up for straightforward living on each level. The first-floor unit features three bedrooms and one living room. The second floor features two bedrooms and one bathroom. Interior features include A/C units, including wall-mounted A/C, with tile flooring and block construction materials.
The property sits on a 0.039-acre lot and totals 1,453 square feet. It is positioned in the Gravesend and Kings Highway area, with nearby access to a supermarket, a school, and subway service.
Each floor’s configuration supports owner-occupancy or rental use without major renovations, based on the information provided, with the overall setup designed for practical day-to-day occupancy.
The property sits on a 0.039-acre lot and totals 1,453 square feet. It is positioned in the Gravesend and Kings Highway area, with nearby access to a supermarket, a school, and subway service.
Each floor’s configuration supports owner-occupancy or rental use without major renovations, based on the information provided, with the overall setup designed for practical day-to-day occupancy.
Key Highlights
- Duplex two‑family configuration with two floors
- First floor: three bedrooms and one living room
- Second floor: two bedrooms and one bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,887
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,017,740
$1.0M
Cap Rate 7%
$726,957
$727.0K
Cap Rate 9%
$565,411
$565.4K
Market Conditions
NOI Build-Up for 1,453 SF
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.
Gross rent
$74.1K $51.00/SF
− Vacancy
−$1.4K −$0.97/SF
EGI
$72.7K $50.03/SF
− OpEx
−$21.8K −$15.01/SF
NOI
$50.9K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,017,740
Cap Rate 7%
$726,957
Cap Rate 9%
$565,411
Alternative Uses
Best Use
Multifamily LT 5
$727.0K
$636.1K – $848.1K
NOI $50,887 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$633.7K
$554.5K – $739.3K
NOI $44,359 @ 7.0% cap · market cap 4.03%
Theoretical Best
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $84,216 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,202
Businesses Nearby
Explore this area
Business Placement
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family duplex in good condition with five total bedrooms and wall A/C units for both floors.
Where is this duplex located?
The property is located at 1794 W 9th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Duplex two‑family configuration with two floors; First floor: three bedrooms and one living room; Second floor: two bedrooms and one bathroom
