Renovated Residential Income
For Sale
$339,000
9801 Shore Road 1Q, Brooklyn, NY 11209
Updated one-bedroom residence in a full-service doorman building near waterfront recreation, shopping, dining, and transportation.
Property Size750 SF
Price / SF$452
Days on Market71
Property Features for 9801 Shore Road 1Q
General Information
Standard status
Active
Size
750 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$11,453
Building Details
Building Size
750 SF
Year Built
1957
Listing Agency:
Compass
Listed By:
ATHENA SALAVANTIS · License #10301218981
(917) 992-4905
Source:
Carlinwright
Added: Jul 30
Changed: Sep 29
Last Checked: Oct 7 at 4:08PM
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
Investment Insights
Based on property information with market context.
This 750-square-foot one-bedroom residence occupies a full-service doorman building completed in 1957. The interior has been extensively renovated with refinished hardwood floors, recessed lighting, custom closet systems, and a redesigned kitchen featuring granite countertops, stainless steel appliances, and custom cabinetry. A fully updated bathroom includes custom tilework and upgraded fixtures.
The property is located at 9801 Shore Road in Brooklyn’s 11209 ZIP code, near the waterfront promenade, parks, shopping, dining, and transportation. The residence combines a practical layout with substantial interior improvements and organized storage throughout.
The property is located at 9801 Shore Road in Brooklyn’s 11209 ZIP code, near the waterfront promenade, parks, shopping, dining, and transportation. The residence combines a practical layout with substantial interior improvements and organized storage throughout.
Key Highlights
- 750 SF one‑bedroom residence at 9801 Shore Road 1Q
- Extensively renovated interior with refinished hardwood floors and recessed lighting
- Custom kitchen with granite countertops, stainless steel appliances, and custom cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,897
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,940
$457.9K
Cap Rate 7%
$327,100
$327.1K
Cap Rate 9%
$254,411
$254.4K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$42.5K $56.64/SF
− Vacancy
−$850 −$1.13/SF
EGI
$41.6K $55.51/SF
− OpEx
−$18.7K −$24.98/SF
NOI
$22.9K $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%
$457,940
Cap Rate 7%
$327,100
Cap Rate 9%
$254,411
Alternative Uses
Best Use
Apartment 5plus
$327.1K
$286.2K – $381.6K
NOI $22,897 @ 7.0% cap · market cap 6.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$621.0K
$543.4K – $724.5K
NOI $43,470 @ 7.0% cap · market cap 12.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated one-bedroom residence in a full-service doorman building near waterfront recreation, shopping, dining, and transportation.
Where is this residential income property located?
The property is located at 9801 Shore Road 1Q Brooklyn, NY.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: 750 SF one‑bedroom residence at 9801 Shore Road 1Q; Extensively renovated interior with refinished hardwood floors and recessed lighting; Custom kitchen with granite countertops, stainless steel appliances, and custom cabinetry
