Renovated Two-Family
For Sale
$1,899,000
275 E 9th Street, Brooklyn, NY 11218
MULTI_FAMILY - Brooklyn, NY
Property Size1,880 SF
Lot Size0.05 Acres
Price / SF$1,010
Days on Market53
Property Features for 275 E 9th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
5
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 1
Interior features
Central Air
Basement
Finished, Full
Subdivision
Kensington
Standard status
Active
Size
1,880 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
6505
Building Details
Year built
1901
Floors in Building
2
Number of units
2
Building materials
Wood Frame
Roof type
Shingle
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Daniel P. Gallogly
(718) 612-3088
Added: Jun 10
Changed: Jul 31
Last Checked: Aug 1 at 7:06AM
MLS# 502185
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
275 E 9th Street is a fully renovated two-family duplex featuring a two-bedroom over two-bedroom layout. The home is updated throughout and includes central air. A full finished basement provides flexible additional space and includes a kitchen and separate entrance.
The property sits on a 0.0517-acre lot and includes a private two-car driveway for off-street parking. Constructed with wood-frame construction and a shingle roof, the duplex was built in 1901 and offers 1,880 square feet of interior space.
With its versatile configuration, the duplex can function as a primary residence or as an income property, supported by the separate entrance for the finished basement and the independently arranged two-bedroom units.
The property sits on a 0.0517-acre lot and includes a private two-car driveway for off-street parking. Constructed with wood-frame construction and a shingle roof, the duplex was built in 1901 and offers 1,880 square feet of interior space.
With its versatile configuration, the duplex can function as a primary residence or as an income property, supported by the separate entrance for the finished basement and the independently arranged two-bedroom units.
Key Highlights
- Two‑bedroom over two‑bedroom duplex layout
- Finished basement with kitchen and separate entrance
- Central air
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.9k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $94.1k | $50.03 |
| − OpEx | −$28.2k | −$15.01 |
| NOI | $65.8k | $35.02 |
1,880 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$940.6K
$823.0K – $1.10M
NOI $65,841 @ 7.0% cap · market cap 3.47%
Second Best
Apartment 5plus
$819.9K
$717.4K – $956.6K
NOI $57,394 @ 7.0% cap · market cap 3.02%
Theoretical Best
Specialty Retail
$1.56M
$1.36M – $1.82M
NOI $108,965 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,392
Businesses Nearby
Explore this area
Business Placement
Demographics for 11218, NY
78,642
Population
27,403
Households
2.9
Avg Household Size
35
Median Age
51%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
56,173
Density / Sq Mi
$95,916
Median Household Income
$55,190
Median Earnings
$1,966
Median Rent
$914,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom over two-bedroom layout with central air, a finished basement with separate entrance, and off-street parking.
Where is this duplex located?
The property is located at 275 E 9th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Two‑bedroom over two‑bedroom duplex layout; Finished basement with kitchen and separate entrance; Central air
