Building Details

Building Size 1,238 SF

Year Built 1910

Stories 2

Listing Agency: All Boro Brokerage

Listed By: Sylvia Mavrogenidou Show Phone

Source: Elliman

Added: Sep 1 Changed: Oct 6 Last Checked: Oct 16 at 9:49AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of All Boro Brokerage

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This duplex, built in 1910, includes two bedrooms, a living room, and a kitchen on the first floor. The second floor offers two rooms, a living room, and a large kitchen. A separate front entry serves the basement, while the property also includes a front porch and rear patio with garden space.

The home is located at 1748 W 9th St in Brooklyn’s Gravesend area, near the N train and Kings Hwy. Nearby conveniences include stores, schools, and transit options. WalkScore is 96, BikeScore is 67, and TransitScore is 86.

Key Highlights

• Two‑bedroom first floor with living room and kitchen
• Second floor includes two rooms, living room, and a large kitchen
• Separate front entrance to the basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$43,357

Cap Rate

3.94%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$867,140 $867.1K

Cap Rate 7%

$619,386 $619.4K

Cap Rate 9%

$481,744 $481.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,238 SF

Gross rent

$63.1K $51.00/SF

− Vacancy

−$1.2K −$0.97/SF

EGI

$61.9K $50.03/SF

− OpEx

−$18.6K −$15.01/SF

NOI

$43.4K $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 Rate 5%

$867,140

Cap Rate 7%

$619,386

Cap Rate 9%

$481,744

Alternative Uses

Best Use

Multifamily LT 5

$619.4K

$542.0K – $722.6K (±1% cap)

NOI $43,357 @ 7.0% cap · market cap 3.94%

Second Best

Apartment 5plus

$539.9K

$472.4K – $629.9K (±1% cap)

NOI $37,795 @ 7.0% cap · market cap 3.44%

Theoretical Best

Specialty Retail

$1.03M

$896.9K – $1.20M (±1% cap)

NOI $71,754 @ 7.0% cap · market cap 6.52%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Gym & Fitness Center Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,802

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

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Similar For Sale Nearby

See more

Renovated Two-Family Duplex

203 Gelston Avenue, Brooklyn, NY 11209

$1,120,000

1,080 SF

View details

Duplex Property with Private Backyard

320 42nd Street, Brooklyn, NY 11232

$998,000

1,372 SF

View details

Detached Two-Family Duplex

1571 E 16th Street, Brooklyn, NY 11230

$1,018,000

1,408 SF

View details

Wood-Frame Duplex with Rear Garage

7919 10th Avenue, Brooklyn, NY 11228

$1,199,900

1,401 SF

View details

Duplex with Finished Basement

156 Neptune Avenue, Brooklyn, NY 11235

$820,000

1,296 SF

View details

Vacant Two-Family Duplex Property

17 Margaret Court, Brooklyn, NY 11235

$799,000

1,170 SF

View details

Brick Duplex with Finished Basement

2135 W 7th Street, Brooklyn, NY 11223

$1,090,000

1,004 SF

View details

Renovated Duplex with Pool

1734 Coleman Street, Brooklyn, NY 11234

$1,199,000

1,470 SF

View details

Brick Duplex with Garage

2505 Bath Avenue, Brooklyn, NY 11214

$1,150,000

1,540 SF

View details

Detached Two-Family Duplex with Yard

185 Bay 10th Street, Brooklyn, NY 11228

$1,399,000

1,410 SF

View details

Brick Duplex With Finished Basement

1775 W 9th Street, Brooklyn, NY 11223

$999,000

1,528 SF

View details

Duplex with Finished Basement

2023 E 53rd Street, Brooklyn, NY 11234

$799,000

1,098 SF

View details

Frequently Asked Questions

What type of property is this?

Duplex - Two-level residence with separate basement access, a front porch, and a rear patio and garden.

Where is this duplex located?

The property is located at 1748 W 9th St 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: Two‑bedroom first floor with living room and kitchen; Second floor includes two rooms, living room, and a large kitchen; Separate front entrance to the basement