Two-Unit Brick Duplex
For Sale
$995,000
9 Corso Court, Brooklyn, NY 11223
Residential, Brooklyn, NY
Property Size1,938 SF
Lot Size0.03 Acres
Price / SF$513.42
Days on Market590
Property Features for 9 Corso Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 3
Interior features
Refrigerator
Subdivision
Gravesend
Standard status
Active
Size
1,938 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
6281
Building Details
Year built
1925
Floors in Building
3
Number of units
2
Building materials
Brick
Roof type
Flat
Listing Agency:
Winzone Realty Inc
(718) 676-6611
Listed By:
Xue Huan (Lily) Zhu
(718) 899-7000
Added: Mar 7, 2025
Changed: Oct 15
Last Checked: Oct 18 at 7:06AM
MLS# 489813
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 attached, all-brick property contains two residences across 1,938 square feet. The ground and first floors form a duplex with three bedrooms, 1.5 bathrooms, a living and dining room, kitchen, and laundry room. A separate entrance serves the third-floor unit, which includes two bedrooms, one bathroom, an eat-in kitchen, and a living room. The building measures 19.5' x 34', and the lot measures 19.5' x 60.5'. Built in 1925, the property has two parking spaces, one at the front and one at the back.
The property is near Avenue U in Gravesend, with public transportation and local establishments nearby.
The property is near Avenue U in Gravesend, with public transportation and local establishments nearby.
Key Highlights
- Two residences: a three‑bedroom, 1.5‑bath duplex and a two‑bedroom, one‑bath third‑floor unit
- 1,938 square feet of building area
- Building dimensions: 19.5' x 34'; lot dimensions: 19.5' x 60.5'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,872
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,357,440
$1.4M
Cap Rate 7%
$969,600
$969.6K
Cap Rate 9%
$754,133
$754.1K
Market Conditions
NOI Build-Up for 1,938 SF
Gross rent
$98.8K $51.00/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$97.0K $50.03/SF
− OpEx
−$29.1K −$15.01/SF
NOI
$67.9K $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%
$1,357,440
Cap Rate 7%
$969,600
Cap Rate 9%
$754,133
Alternative Uses
Best Use
Multifamily LT 5
$969.6K
$848.4K – $1.13M
NOI $67,872 @ 7.0% cap · market cap 6.82%
Second Best
Apartment 5plus
$845.2K
$739.6K – $986.1K
NOI $59,165 @ 7.0% cap · market cap 5.95%
Theoretical Best
Specialty Retail
$1.60M
$1.40M – $1.87M
NOI $112,326 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,655
Businesses Nearby
Explore this area
Business Placement
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The upper-floor residence has a separate entrance, while the lower two floors form a three-bedroom duplex.
Where is this duplex located?
The property is located at 9 Corso Court Brooklyn, NY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two residences: a three‑bedroom, 1.5‑bath duplex and a two‑bedroom, one‑bath third‑floor unit; 1,938 square feet of building area; Building dimensions: 19.5' x 34'; lot dimensions: 19.5' x 60.5'
