Residential Income Property with
For Sale
$750,000
9201 Shore Road C506, Brooklyn, NY 11209
The residence includes a private terrace and water views from both bedrooms.
Property Size1,000 SF
Price / SF$750
Days on Market14
Property Features for 9201 Shore Road C506
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
private terrace
doorman
laundry in building
Building Details
Building Size
1,000 SF
Year Built
1960
Listing Agency:
Compass
Listed By:
ATHENA SALAVANTIS · License #10301218981
(917) 992-4905
Source:
Carlinwright
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 25 at 2:04AM
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 Compass
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,000-square-foot residence is on the fifth floor and has two bedrooms and two full bathrooms. The living room opens to a private terrace, while a separate dining area sits beside the galley kitchen. Water views are available from the living room and both bedrooms. The primary bedroom has an en-suite bathroom.
The property is in a doorman building at 9201 Shore Road in Brooklyn. Laundry facilities are located in the building, which was built in 1960.
The property is in a doorman building at 9201 Shore Road in Brooklyn. Laundry facilities are located in the building, which was built in 1960.
Key Highlights
- 1,000‑square‑foot residence with two bedrooms and two full bathrooms
- Private terrace and water views from both bedrooms and the living room
- Fifth‑floor residence in a doorman building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,529
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,580
$610.6K
Cap Rate 7%
$436,129
$436.1K
Cap Rate 9%
$339,211
$339.2K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$56.6K $56.64/SF
− Vacancy
−$1.1K −$1.13/SF
EGI
$55.5K $55.51/SF
− OpEx
−$25.0K −$24.98/SF
NOI
$30.5K $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%
$610,580
Cap Rate 7%
$436,129
Cap Rate 9%
$339,211
Alternative Uses
Best Use
Apartment 5plus
$436.1K
$381.6K – $508.8K
NOI $30,529 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$828.0K
$724.5K – $966.0K
NOI $57,960 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,613
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The residence includes a private terrace and water views from both bedrooms.
Where is this residential income property located?
The property is located at 9201 Shore Road C506 Brooklyn, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,000‑square‑foot residence with two bedrooms and two full bathrooms; Private terrace and water views from both bedrooms and the living room; Fifth‑floor residence in a doorman building
