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Brooklyn Legal Three-Family Property
For Sale
$1,499,999
Pending

2125 E 9th St, Brooklyn, NY 11223

Semi-detached, three-family property in Brooklyn, delivered vacant.

Property Size2,880 SF
Lot Size0.03 Acres
Days on Market338

Property Features for 2125 E 9th St

General Information

Standard status Pending
Size 2,880 SF
Lot size 0.03 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $8,367

Building Details

Building Size 2,880 SF
Year Built 1910
Stories 3
Listing Agency: Century 21 MK Realty
Listed By: Lauren Avital
Source: Elliman
Added: Nov 27, 2025 Changed: Oct 30 Last Checked: Oct 30 at 4:12PM

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 Century 21 MK Realty

Rey
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Investment Insights

Based on property information with market context.

This semi-detached, legal three-family property is located in the 11223 area. The property is suitable for investors or end users. Each unit is arranged with three bedrooms and one bathroom. The building features a brick exterior, a front porch, and a backyard for outdoor activities. The property is centrally located near Avenue U, providing convenient access to trains, shopping, and places of worship. The property will be delivered vacant.

Key Highlights

  • Legal 3‑family property: Ideal for investors or owner‑occupiers seeking rental income.
  • Delivered vacant: Ready for immediate occupancy or renovation to maximize rental potential.
  • Three bedrooms per unit: Offers ample living space in each of the three units.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$100,862
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,017,240 $2.0M
Cap Rate 7%
$1,440,886 $1.4M
Cap Rate 9%
$1,120,689 $1.1M
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$146.9K $51.00/SF
− Vacancy
−$2.8K −$0.97/SF
EGI
$144.1K $50.03/SF
− OpEx
−$43.2K −$15.01/SF
NOI
$100.9K $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%
$2,017,240
Cap Rate 7%
$1,440,886
Cap Rate 9%
$1,120,689

Alternative Uses

Best Use
Multifamily LT 5
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,862 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $87,923 @ 7.0% cap · market cap 5.86%
Theoretical Best
Specialty Retail
$2.38M
$2.09M – $2.78M (±1% cap)
NOI $166,925 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

3,242
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Semi-detached, three-family property in Brooklyn, delivered vacant.
Where is this triplex located?
The property is located at 2125 E 9th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Legal 3‑family property: Ideal for investors or owner‑occupiers seeking rental income.; Delivered vacant: Ready for immediate occupancy or renovation to maximize rental potential.; Three bedrooms per unit: Offers ample living space in each of the three units.
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