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Midwood Brooklyn 6-Family Building
For Sale
$1,299,000

765 E 9th St, Brooklyn, NY 11230

Well-maintained 6-family building in Midwood, Brooklyn with income potential.

Property Size5,160 SF
Lot Size0.06 Acres
Days on Market152

Property Features for 765 E 9th St

General Information

Standard status Active
Size 5,160 SF
Lot size 0.06 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $21,925

Building Details

Building Size 5,160 SF
Year Built 1925
Units 6
Listing Agency: Triolo Realty Group, Inc.
Listed By: Annmarie Triolo · License #10311204688
Source: Elliman
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 8 at 6:24AM

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 Triolo Realty Group, Inc.

Investment Insights

Based on property information with market context.

Located in the Midwood neighborhood of Brooklyn, this 6-family building at 765 East 9th Street presents a rare opportunity. The property has been under the same family ownership for nearly 60 years and is exceptionally well-maintained. Currently configured as a 5-family building, it can be easily converted back to its original 6-family layout. The first floor features a large combined owner’s apartment, created from two units. This expansive residence includes 8 rooms, featuring a kitchen, dinette area, living room, formal dining room, 4 bedrooms, and 2 full bathrooms. The second and third floors each contain two apartments, with every unit offering 4 rooms total, including 2 bedrooms. The property also includes a full semi-finished basement, featuring a laundry room, a 3/4 bathroom, a boiler/utility room, and a large open room with direct access to the rear yard. The building is located on a quiet residential block near Kensington and surrounded by transportation, houses of worship, shopping, and schools. The property is an excellent income-producing investment, with the ability to reach an estimated 4.3% cap rate.

Key Highlights

  • Rare, well‑maintained building in the heart of Midwood, Brooklyn, owned by the same family for nearly 60 years.
  • Large, combined owner's apartment on the first floor that is not rent stabilized, offering flexibility.**
  • Strong income‑producing investment with stable tenancy and potential to reach an estimated 4.3% cap rate.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Gym & Fitness Center Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,405
Businesses Nearby

Demographics for 11230, NY

91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 6-family building in Midwood, Brooklyn with income potential.
Where is this apartment building located?
The property is located at 765 E 9th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Rare, well‑maintained building in the heart of Midwood, Brooklyn, owned by the same family for nearly 60 years.; Large, combined owner's apartment on the first floor that is not rent stabilized, offering flexibility.**; Strong income‑producing investment with stable tenancy and potential to reach an estimated 4.3% cap rate.
More about this property
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