Detached Two-Family Home with Private
For Sale
$1,199,000
2122 W 9th St, Brooklyn, NY 11223
Two separate residential levels and a finished basement provide flexible living space, with a private yard behind the home.
Property Size2,368 SF
Lot Size0.05 Acres
Days on Market9
Property Features for 2122 W 9th St
General Information
Standard status
Active
Size
2,368 SF
Lot size
0.05 Acres
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,858
Amenities
large private yard
fully finished basement
additional full bath
Building Details
Building Size
2,368 SF
Year Built
1920
Buildings
1
Stories
2
Listing Agency:
Ben Bay Realty Co
Listed By:
Anthony Mussolino · License #AM4485
(718) 238-6080
Source:
Elliman
Added: Oct 2
Changed: Oct 5
Last Checked: Oct 9 at 11:54PM
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 Ben Bay Realty Co
Investment Insights
Based on property information with market context.
This detached two-family property has more than 2,300 square feet above grade, plus a 1,100-square-foot finished basement. The upper level includes a living room, eat-in kitchen, full bathroom, and layout that can accommodate three bedrooms. The first floor offers a living room, eat-in kitchen, full bathroom, and two to three bedrooms, along with access to the yard. An interior staircase connects the upper floor to the basement, which has another full bathroom and multiple windows. The property also features gas heat, a newer hot water heater, and a roof replaced five years ago.
The home occupies a 20-by-100-foot lot, and the building measures 16 by 70 feet. It was built in 1920. Walk Score is 96, Bike Score is 67, and Transit Score is 86.
The home occupies a 20-by-100-foot lot, and the building measures 16 by 70 feet. It was built in 1920. Walk Score is 96, Bike Score is 67, and Transit Score is 86.
Key Highlights
- Detached two‑family property with over 2,300 square feet plus a 1,100‑square‑foot finished basement
- Upper floor can be configured for three bedrooms; first floor has two to three bedrooms
- Three full bathrooms, including one in the basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,931
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,658,620
$1.7M
Cap Rate 7%
$1,184,729
$1.2M
Cap Rate 9%
$921,456
$921.5K
Market Conditions
NOI Build-Up for 2,368 SF
Gross rent
$120.8K $51.00/SF
− Vacancy
−$2.3K −$0.97/SF
EGI
$118.5K $50.03/SF
− OpEx
−$35.5K −$15.01/SF
NOI
$82.9K $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%
$1,658,620
Cap Rate 7%
$1,184,729
Cap Rate 9%
$921,456
Alternative Uses
Best Use
Multifamily LT 5
$1.18M
$1.04M – $1.38M
NOI $82,931 @ 7.0% cap · market cap 6.92%
Second Best
Apartment 5plus
$1.03M
$903.7K – $1.20M
NOI $72,293 @ 7.0% cap · market cap 6.03%
Theoretical Best
Specialty Retail
$1.96M
$1.72M – $2.29M
NOI $137,249 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,242
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residential levels and a finished basement provide flexible living space, with a private yard behind the home.
Where is this duplex located?
The property is located at 2122 W 9th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Detached two‑family property with over 2,300 square feet plus a 1,100‑square‑foot finished basement; Upper floor can be configured for three bedrooms; first floor has two to three bedrooms; Three full bathrooms, including one in the basement
