Three-Level Triplex with
278 A 9th Street, Brooklyn, NY 11215
For Sale
$1,950,000
The property combines three levels of interior space with a backyard and kitchen-adjacent patio.
Property Size1,944 SF
Price / SF$1,003
Days on Market15
Property Features for 278 A 9th Street
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
backyard
patio
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Sothebys International Realty
Listed By:
Michael A Cupolo
(212) 431-2440
Source:
Howardhannanyc
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 8 at 2:53PM
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 Sothebys International Realty
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Investment Insights
Based on property information with market context.
This 1,944-square-foot triplex was built in 1899 and spans three levels. The property includes a backyard and a patio beside the first-floor kitchen. Interior renovation offers an opportunity to reconsider the existing layout and finishes. A third-floor unit is occupied, with access unavailable until mid-November.
F and G train service is about two blocks away, with multiple bus lines also accessible. Prospect Park is a few blocks from the property, and neighborhood restaurants, cafes, and shops are nearby.
F and G train service is about two blocks away, with multiple bus lines also accessible. Prospect Park is a few blocks from the property, and neighborhood restaurants, cafes, and shops are nearby.
Key Highlights
- 1,944 square feet across three levels
- Backyard with a patio beside the first‑floor kitchen
- Built in 1899
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,082
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,361,640
$1.4M
Cap Rate 7%
$972,600
$972.6K
Cap Rate 9%
$756,467
$756.5K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$99.1K $51.00/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$97.3K $50.03/SF
− OpEx
−$29.2K −$15.01/SF
NOI
$68.1K $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%
$1,361,640
Cap Rate 7%
$972,600
Cap Rate 9%
$756,467
Alternative Uses
Best Use
Multifamily LT 5
$972.6K
$851.0K – $1.13M
NOI $68,082 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$847.8K
$741.9K – $989.1K
NOI $59,348 @ 7.0% cap · market cap 3.04%
Theoretical Best
Specialty Retail
$1.61M
$1.41M – $1.88M
NOI $112,674 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
7,969
Businesses Nearby
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Business Placement
Demographics for 11215, NY
67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Brooklyn, NY
Properties on Market for Triplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The property combines three levels of interior space with a backyard and kitchen-adjacent patio.
Where is this triplex located?
The property is located at 278 A 9th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 1,944 square feet across three levels; Backyard with a patio beside the first‑floor kitchen; Built in 1899
