Two-Family Home with Private
374 E 9th Street Brooklyn, NY 11218
374 E 9th Street, Brooklyn, NY, 11218
$1,999,999
For Sale
$1,999,999
MULTI_FAMILY - Brooklyn, NY
Property Size1,650 SF
Lot Size0.05 Acres
Price / SF$1,212
Days on Market32
Property Features for 374 E 9th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 1
- Basement
- Finished
- Standard status
- Active
- Size
- 1,650 SF
- Lot size
- 0.05 Acres
Building Details
- Number of units
- 2
- Flooring type
- Laminate
Listing Agency
Best Realty Professionals
(718) 484-3745
3602 Clarendon Rd, Brooklyn, NY
Listed by
Katia Belony
(718) 484-3745
Added: Jun 19 Updated: Jul 12 at 2:33 pm Checked: Jul 20 at 4:06 pm
MLS# 502453
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.
Newly rebuilt in 2025, this two-family home is arranged over three levels plus a finished basement. The layout provides two-bedroom units with an additional half bath on the first floor and corresponding living and kitchen space on the second floor. Both levels include a sunken, light-filled living room, and the kitchen on the first floor opens to a terrace overlooking the backyard. The finished basement includes a full bathroom and features a separate entrance, offering flexibility for guest space or an extended living arrangement.
The third level functions as an attic space with two large bedrooms with high ceilings, supporting a variety of use cases. A private two-car driveway provides off-street parking at the property. The home is located in Kensington and is described as being minutes from Prospect Park, with access to shopping, dining, parks, and public transportation.
With tenants currently in place and scheduled to be vacant, the property is positioned for an owner-occupant seeking multiple living configurations or a buyer looking for a residential income setup. The combination of terrace, backyard, and separate-entry basement can support both everyday comfort and adaptable household needs.
The third level functions as an attic space with two large bedrooms with high ceilings, supporting a variety of use cases. A private two-car driveway provides off-street parking at the property. The home is located in Kensington and is described as being minutes from Prospect Park, with access to shopping, dining, parks, and public transportation.
With tenants currently in place and scheduled to be vacant, the property is positioned for an owner-occupant seeking multiple living configurations or a buyer looking for a residential income setup. The combination of terrace, backyard, and separate-entry basement can support both everyday comfort and adaptable household needs.
Key Highlights
- Newly rebuilt 2‑family home completed in 2025 at 374 East 9th Street, offering 3 levels of living space
- Floor plan includes two‑bedroom over two‑bedroom plus a third level with two large, high‑ceiling bedrooms (attic)
- Basement features a full bathroom and a separate entrance
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 | $84.2k | $51.00 |
| − Vacancy | −$1.6k | −$0.97 |
| EGI | $82.6k | $50.03 |
| − OpEx | −$24.8k | −$15.01 |
| NOI | $57.8k | $35.02 |
1,650 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$825.5K
$722.3K – $963.1K
NOI $57,786 @ 7.0% cap · market cap 2.89%
Second Best
Apartment 5plus
$719.6K
$629.7K – $839.6K
NOI $50,373 @ 7.0% cap · market cap 2.52%
Theoretical Best
Specialty Retail
$1.37M
$1.20M – $1.59M
NOI $95,634 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Colson Patisserie
Bakery
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Newly rebuilt two-family residence with a separate-entry basement, terrace, backyard, and private off-street parking.
Where is this duplex located?
The property is located at 374 E 9th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Newly rebuilt 2‑family home completed in 2025 at 374 East 9th Street, offering 3 levels of living space; Floor plan includes two‑bedroom over two‑bedroom plus a third level with two large, high‑ceiling bedrooms (attic); Basement features a full bathroom and a separate entrance
