6-Unit Brick Apartment
767 E 9th Street, Brooklyn, NY 11230
For Sale
$1,350,000
Residential, Duplex, Brooklyn, NY
Property Size1,760 SF
Lot Size0.06 Acres
Price / SF$767.05
Days on Market60
Property Features for 767 E 9th Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Basement
Subdivision
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Empire State Realty Group
Listed By:
Li Zhong Lin
(646) 932-4442
Added: Sep 17
Changed: Oct 29
Last Checked: Nov 15 at 11:06AM
MLS# 504667
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 1,760-square-foot, semi-detached masonry apartment property was built in 1925 and is currently fully occupied. Three front apartments have been renovated: two about seven years ago and the third about three years ago. Building work also includes a replacement furnace installed three years ago, a new hot water heater installed five years ago, and renewal of the front portion of the rubber roof four years ago. A half bathroom is located in the basement, and an on-site superintendent is present.
The property is in Brooklyn and carries R7A zoning. The listed lot area is 0.0612 acres.
The property is in Brooklyn and carries R7A zoning. The listed lot area is 0.0612 acres.
Key Highlights
- Six‑family building is fully occupied
- 1,760 square feet on a 0.0612‑acre lot
- Three front apartments renovated; two about 7 years ago and one about 3 years ago
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,731
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,620
$1.1M
Cap Rate 7%
$767,586
$767.6K
Cap Rate 9%
$597,011
$597.0K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$99.7K $56.64/SF
− Vacancy
−$2.0K −$1.13/SF
EGI
$97.7K $55.51/SF
− OpEx
−$44.0K −$24.98/SF
NOI
$53.7K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,620
Cap Rate 7%
$767,586
Cap Rate 9%
$597,011
Alternative Uses
Best Use
Apartment 5plus
$767.6K
$671.6K – $895.5K
NOI $53,731 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.70M
NOI $102,010 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
4,405
Businesses Nearby
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Business Placement
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
$863,400
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Brooklyn, NY
Properties on Market for Apartment buildings in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Occupied multifamily property with recent apartment and building-system upgrades.
Where is this apartment building located?
The property is located at 767 E 9th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Six‑family building is fully occupied; 1,760 square feet on a 0.0612‑acre lot; Three front apartments renovated; two about 7 years ago and one about 3 years ago
