Search
Brick Duplex with Finished Basement
For Sale
$2,895,000

4423 9th Avenue, Brooklyn, NY 11220

Residential, Brooklyn, NY

Property Size2,840 SF
Lot Size0.05 Acres
Price / SF$1,019
Days on Market52

Property Features for 4423 9th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R6
Bedrooms 8
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bedroom 7, Bathroom 3, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 2, Bathroom 5, Bathroom 4, Bathroom 6, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 8, Bedroom 4
Interior features Dishwasher, Microwave, Refrigerator, Stove
Basement Full, Finished
Subdivision Boro-Park
Standard status Active
Size 2,840 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 10956

Building Details

Year built 1925
Floors in Building 2
Number of units 2
Flooring type Carpet, Hardwood, Parquet Wood, Tile
Building materials Brick
Roof type Flat
Buildings 1
Listing Agency: RE/MAX Real Estate Professiona
Listed By: Billy Apter · License #BEA5721
Added: Sep 16 Changed: Oct 31 Last Checked: Nov 6 at 5:06AM
MLS# 504613

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.

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Investment Insights

Based on property information with market context.

This 2,840-square-foot duplex is a corner, semi-detached brick residence built in 1925. The home occupies a 25x100 lot and has a 20x71 house size. The second floor provides four bedrooms, two full bathrooms, a kitchen, living room, and dining room. The first floor includes three bedrooms, one and one-half bathrooms, a kitchen, living room, and dining room. A full finished basement adds a family room, recreation room, media room, summer kitchen, and bathrooms, with separate entrances. A private driveway accommodates three cars. Interior features include a dishwasher, microwave, refrigerator, and stove, with parquet wood, hardwood, tile, and carpet flooring.

The property is located at 4423 9th Avenue in Brooklyn, NY 11220, within the Sunset Park/Boro Park area. The source information identifies nearby transportation, shopping along 8th Avenue and Fort Hamilton Parkway, schools, and houses of worship. The property is zoned R6.

Key Highlights

  • 2,840‑square‑foot duplex on a 25x100 lot
  • 20x71 house size with corner, semi‑detached brick construction
  • Full finished basement with separate entrances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$84,560
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,691,200 $1.7M
Cap Rate 7%
$1,208,000 $1.2M
Cap Rate 9%
$939,556 $939.6K
Market Conditions
NOI Build-Up for 2,840 SF
Gross rent
$126.1K $44.40/SF
− Vacancy
−$5.3K −$1.86/SF
EGI
$120.8K $42.54/SF
− OpEx
−$36.2K −$12.76/SF
NOI
$84.6K $29.77/SF
Area
ZIP 11220
Vacancy
4.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,691,200
Cap Rate 7%
$1,208,000
Cap Rate 9%
$939,556

Alternative Uses

Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,560 @ 7.0% cap · market cap 2.92%
Second Best
Apartment 5plus
$1.08M
$946.7K – $1.26M (±1% cap)
NOI $75,733 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M (±1% cap)
NOI $128,877 @ 7.0% cap · market cap 4.45%
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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

6,877
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
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?
Duplex - Corner two-family residence with separate basement access, private driveway, and three-car parking.
Where is this duplex located?
The property is located at 4423 9th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,895,000.
What are key features of this property?
This property features: 2,840‑square‑foot duplex on a 25x100 lot; 20x71 house size with corner, semi‑detached brick construction; Full finished basement with separate entrances
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