Brick Duplex with Finished
For Sale
$999,000
1775 W 9th St, Brooklyn, NY 11223
Two-family brick residence with separate entrances, flexible apartment layouts, and a paved rear yard.
Property Size1,528 SF
Days on Market54
Property Features for 1775 W 9th St
General Information
Standard status
Active
Size
1,528 SF
Property subtype
Multi Family
Units
Unit Mix
1 x 2BR, 1 x 1BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$6,510
Amenities
covered front porch
paved backyard
finished basement
separate front and rear entrances
eat-in kitchen
front sunroom
Building Details
Building Size
1,528 SF
Year Built
1910
Buildings
1
Stories
2
Construction
brick
Listing Agency:
Womcore LLC dba Remax Edge
Listed By:
Jason Zhou · License #JZ1320
(718) 612-3088
Source:
Elliman
Added: Sep 4
Changed: Oct 26
Last Checked: Oct 26 at 5:16PM
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 Womcore LLC dba Remax Edge
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Investment Insights
Based on property information with market context.
This 1910 two-family brick residence includes a two-bedroom upper apartment, a first-floor one-bedroom unit with potential for a second bedroom, and a full finished basement. The main level includes an eat-in kitchen, living room, front sunroom, and access to the rear yard. Separate front and rear entrances serve the building and basement, while a covered front porch adds another functional exterior feature. Building dimensions are approximately 17x54 feet on the first floor and basement, with the upper level measuring approximately 17x40 feet. A relatively new gas boiler and hot water heater are also in place.
The property is located at 1775 W 9th St in Gravesend, near the Kings Highway commercial district, subway service, shopping, and restaurants. WalkScore is 96, TransitScore is 86, and BikeScore is 67. The paved backyard provides additional outdoor space for occupants.
The property is located at 1775 W 9th St in Gravesend, near the Kings Highway commercial district, subway service, shopping, and restaurants. WalkScore is 96, TransitScore is 86, and BikeScore is 67. The paved backyard provides additional outdoor space for occupants.
Key Highlights
- Two‑family brick residence built in 1910
- Two‑bedroom upper apartment over a flexible first‑floor unit
- Full finished basement with separate front and rear entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,513
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,070,260
$1.1M
Cap Rate 7%
$764,471
$764.5K
Cap Rate 9%
$594,589
$594.6K
Market Conditions
NOI Build-Up for 1,528 SF
Gross rent
$77.9K $51.00/SF
− Vacancy
−$1.5K −$0.97/SF
EGI
$76.4K $50.03/SF
− OpEx
−$22.9K −$15.01/SF
NOI
$53.5K $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%
$1,070,260
Cap Rate 7%
$764,471
Cap Rate 9%
$594,589
Alternative Uses
Best Use
Multifamily LT 5
$764.5K
$668.9K – $891.9K
NOI $53,513 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$666.4K
$583.1K – $777.5K
NOI $46,648 @ 7.0% cap · market cap 4.67%
Theoretical Best
Specialty Retail
$1.27M
$1.11M – $1.48M
NOI $88,563 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,202
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family brick residence with separate entrances, flexible apartment layouts, and a paved rear yard.
Where is this duplex located?
The property is located at 1775 W 9th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two‑family brick residence built in 1910; Two‑bedroom upper apartment over a flexible first‑floor unit; Full finished basement with separate front and rear entrances
