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765 E 9Th St Brooklyn, NY 11230

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For Sale
$1,499,000

Rare, long-held 6-family building in the heart of Midwood.

Lot size:
0.06 Acres

Property Features for 765 E 9Th St

General Information

Property type
Multi Family
Standard status
Active
Lot size
0.06 Acres

Building Details

Year built
1925

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Listing Contact
Annmarie Triolo Srs C Ex
Source: Elliman

Listing Agent: Annmarie Triolo Srs C Ex

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Well-Maintained 6-Family Brooklyn Building

Located in the Midwood neighborhood of Brooklyn, this well-maintained building is configured as a 5-family residence but can be converted back to its original 6-family layout. The first floor features a large combined owner’s apartment, created from two units, with 8 rooms including a kitchen, dinette area, living room, formal dining room, 4 bedrooms, and 2 full bathrooms. The second and third floors each contain two apartments, with every unit offering 4 rooms including 2 bedrooms. The property includes a full semi-finished basement, featuring a laundry room, a 3/4 bathroom, a boiler/utility room, and a large open room with direct access to the rear yard. The property is located on a quiet residential block near Kensington and surrounded by transportation, houses of worship, shopping, and schools. The building is an excellent income-producing investment, with the ability to reach an estimated 4.3% cap rate.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Brooklyn
County
Kings
State
New York
Longitude
-73.967861
Latitude
40.630153

FAQs

What type of property is this?
Apartment building - Rare, long-held 6-family building in the heart of Midwood.
Where is this apartment building located?
The property is located at 765 E 9Th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: - Rare 6-family building (currently 5-family) in Midwood, Brooklyn, offering versatility and income potential.; - Large, non-rent-stabilized owner's apartment on the first floor with 8 rooms, offering flexibility to reconfigure.; - Strong existing rents and stable tenancy with upside potential to reach an estimated 4.3% cap rate.
More about this property
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