765 E 9Th St Brooklyn, NY 11230
Well-maintained 6-family building in Midwood, Brooklyn with income potential.
Lot size:
0.06 AcresProperty Features for 765 E 9Th St
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 0.06 Acres
Building Details
- Year built
- 1925
Source:
Elliman
Listing Agent: Annmarie Triolo
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Midwood Brooklyn 6-Family Building
Located in the Midwood neighborhood of Brooklyn, this 6-family building at 765 East 9th Street presents a rare opportunity. The property has been under the same family ownership for nearly 60 years and is exceptionally well-maintained. Currently configured as a 5-family building, it can be easily converted back to its original 6-family layout. The first floor features a large combined owner’s apartment, created from two units. This expansive residence includes 8 rooms, featuring 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 total, including 2 bedrooms. The property also 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 building is located on a quiet residential block near Kensington and surrounded by transportation, houses of worship, shopping, and schools. The property 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
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.967861
- Latitude
- 40.630153
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FAQs
What type of property is this?
Apartment building - Well-maintained 6-family building in Midwood, Brooklyn with income potential.
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, well-maintained building in the heart of Midwood, Brooklyn, owned by the same family for nearly 60 years.; - **Large, combined owner's apartment on the first floor that is not rent stabilized, offering flexibility.**; - Strong income-producing investment with stable tenancy and potential to reach an estimated 4.3% cap rate.
