460 9th Street Brooklyn, NY 11215
MULTI_FAMILY - Other - Brooklyn, NY
Property Features for 460 9th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 7, Bedroom 1, Bathroom 4, Bathroom 5, Bedroom 6, Bathroom 1, Bedroom 5
- Standard status
- Active
Building Details
- Architectural style
- Other
Listing agent Kellen Koon
Listing office Compass 3rd floor 90 Fifth Avenue, 3rd Floor, New York, NY (646) 982-0353
Listing date Apr 15, 2026
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Investment Insights
Based on property information with market context.
The current configuration includes a garden-level duplexed layout with a 3 bed/2 bath setup, a parlor-level front studio with the rear duplexed with the garden level, and two upper floors with newly renovated 2 bed/1 bath units. The cellar is unfinished.
For income-oriented use, the 3rd and 4th floors are projected at $5,000/month each, with a combined $120,000/year gross rental income described in the remarks. The property is also presented as a potential owner-triplex by combining the cellar, 1st floor, and 2nd floor. The location is described as two blocks from Prospect Park and within walking distance of several subway lines, including nearby access to the 7th Ave Station (F/G) and the 4th Ave-9th St Station (F/G/R).
Key Highlights
- Vacant 4‑story brownstone with ~3,270 SF across four full stories plus a cellar
- Split‑unit central AC/heat and in‑unit washer/dryers in all units
- Historic details include original hardwood floors, ornate moldings with ceiling medallions, a classic bay window, and 5 marble fireplaces
Local 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 | $166.8k | $51.00 |
| − Vacancy | −$3.2k | −$0.97 |
| EGI | $163.6k | $50.03 |
| − OpEx | −$49.1k | −$15.01 |
| NOI | $114.5k | $35.02 |
