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Vacant Four-Unit Property
New
For Sale
$3,575,000

9 Spencer Place #4, Brooklyn, NY 11216

Attached four-level building with separate residences, original architectural details, and direct backyard access from the parlor unit.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market7

Property Features for 9 Spencer Place #4

General Information

Standard status Active
Lot size 0.05 Acres
Property subtype Multi-Family
Zoning R6B

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/1BA, 2 x 1BR/1BA
Multifamily Units 4

Additional Details

Public Transit Yes

Building Details

Year Built 1930
Buildings 1
Stories 4
Listing Agency: Exit Realty First Choice
Listed By: Steven S. Benshabat · License #KEY144530
Source: Lowerhudsonvalleyproperties
Added: Sep 21 Last Checked: Sep 26 at 4:04AM

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 Exit Realty First Choice

Investment Insights

Based on property information with market context.

This attached four-family property is fully vacant and arranged across four levels, creating a flexible setup for an investor or an owner occupant. The parlor residence includes two bedrooms, a full bath, living and dining areas, and access to the backyard. Above it, the first-floor apartment offers three bedrooms, a bath, a living room with fireplace, high ceilings, and original moldings. The upper two units each contain one bedroom, a living room, full bath, and eat-in kitchen, with natural light throughout the second- and third-floor residences.

The building occupies a 20 × 100-foot lot and was built in 1930. It is identified as a four-family property within the R6B zoning district. The property is located near subway and bus service, neighborhood shopping, markets, restaurants, and cafés in Brooklyn.

Key Highlights

  • Fully vacant four‑unit building arranged across four levels
  • Unit mix includes two‑bedroom, three‑bedroom, and two one‑bedroom residences
  • 20 × 100‑foot lot with direct backyard access from the parlor unit

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Auto Parts Store Nursing Home Real Estate Agency Parking Lot & Garage

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

6,299
Businesses Nearby

Demographics for 11216, NY

61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Attached four-level building with separate residences, original architectural details, and direct backyard access from the parlor unit.
Where is this quadplex located?
The property is located at 9 Spencer Place #4 Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,575,000.
What are key features of this property?
This property features: Fully vacant four‑unit building arranged across four levels; Unit mix includes two‑bedroom, three‑bedroom, and two one‑bedroom residences; 20 × 100‑foot lot with direct backyard access from the parlor unit
More about this property
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