Renovated Residential Income
For Sale
$335,000
9801 Shore Road 3Q, Brooklyn, NY 11209
One-bedroom residence with renovated kitchen and bathroom in a doorman building near waterfront parks and neighborhood amenities.
Property Size710 SF
Price / SF$471.83
Days on Market31
Property Features for 9801 Shore Road 3Q
General Information
Standard status
Active
Size
710 SF
Property subtype
Apartment
Additional Details
Road Access
Yes
Multifamily Units
1
Amenities
doorman
Building Details
Building Size
710 SF
Year Built
1957
Listing Agency:
Compass
Listed By:
ATHENA SALAVANTIS · License #10301218981
(917) 992-4905
Source:
Howardhannanyc
Added: Sep 9
Changed: Sep 26
Last Checked: Oct 7 at 3:32PM
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 710-square-foot, one-bedroom residence occupies the third floor of a doorman building constructed in 1957. The layout includes an oversized living room, separate dining area, renovated kitchen with ample cabinetry and workspace, king-size bedroom, and renovated bathroom. A deeded parking space is available for purchase separately.
The property is located on Shore Road in Brooklyn’s Bay Ridge area, near waterfront parks, walking and biking paths, transportation, shopping, and dining. The residence combines a defined living and dining arrangement with updated interior finishes and access to established neighborhood amenities.
The property is located on Shore Road in Brooklyn’s Bay Ridge area, near waterfront parks, walking and biking paths, transportation, shopping, and dining. The residence combines a defined living and dining arrangement with updated interior finishes and access to established neighborhood amenities.
Key Highlights
- 710‑square‑foot one‑bedroom residence
- Third‑floor location in a doorman building
- Renovated kitchen with ample cabinetry and workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,676
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,520
$433.5K
Cap Rate 7%
$309,657
$309.7K
Cap Rate 9%
$240,844
$240.8K
Market Conditions
NOI Build-Up for 710 SF
Gross rent
$40.2K $56.64/SF
− Vacancy
−$804 −$1.13/SF
EGI
$39.4K $55.51/SF
− OpEx
−$17.7K −$24.98/SF
NOI
$21.7K $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%
$433,520
Cap Rate 7%
$309,657
Cap Rate 9%
$240,844
Alternative Uses
Best Use
Apartment 5plus
$309.7K
$271.0K – $361.3K
NOI $21,676 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$587.9K
$514.4K – $685.9K
NOI $41,152 @ 7.0% cap · market cap 12.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Paved road access
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom residence with renovated kitchen and bathroom in a doorman building near waterfront parks and neighborhood amenities.
Where is this residential income property located?
The property is located at 9801 Shore Road 3Q Brooklyn, NY.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 710‑square‑foot one‑bedroom residence; Third‑floor location in a doorman building; Renovated kitchen with ample cabinetry and workspace
