Residential Income Property with
9967 Shore Road 7B, Brooklyn, NY 11209
For Sale
$639,000
A two-level co-op residence pairs a private balcony with a fenced patio and access to the building’s rear courtyard.
Property Size1,050 SF
Price / SF$608.57
Days on Market13
Property Features for 9967 Shore Road 7B
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Amenities
private balcony
private patio
fenced private patio
courtyard
laundry room
private storage closet
Building Details
Building Size
Year Built
Listing Agency:
Daniel Gale of Brooklyn LLC
Listed By:
Lawrence Wong
(646) 732-4452
Source:
Howardhannanyc
Added: Nov 3
Changed: Nov 11
Last Checked: Nov 14 at 12:10PM
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 Daniel Gale of Brooklyn LLC
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Investment Insights
Based on property information with market context.
This 1,050-square-foot duplex co-op has two bedrooms and one-and-a-half bathrooms across two levels. The main floor includes an eat-in kitchen with cherry cabinetry, granite counters, stainless steel appliances, an island and pantry, along with a powder room. Sliding glass doors connect the dining area to a balcony, with a spiral stairway leading down to a fenced patio. The lower level contains two rear-facing bedrooms, a full bathroom and a separate walk-in closet; the primary bedroom also opens onto the patio. A private storage closet and basement laundry room are additional building amenities. The property was built in 1983.
Shore Road Park and waterfront paths are nearby, and an X27 express bus stop is outside the building with service to Manhattan. The patio also connects directly to the rear courtyard.
Shore Road Park and waterfront paths are nearby, and an X27 express bus stop is outside the building with service to Manhattan. The patio also connects directly to the rear courtyard.
Key Highlights
- 1,050‑square‑foot duplex co‑op with two bedrooms and 1.5 bathrooms
- Fenced private patio, balcony, and direct access to the rear courtyard
- Eat‑in kitchen includes an island, pantry, granite counters, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,055
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,100
$641.1K
Cap Rate 7%
$457,929
$457.9K
Cap Rate 9%
$356,167
$356.2K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$59.5K $56.64/SF
− Vacancy
−$1.2K −$1.13/SF
EGI
$58.3K $55.51/SF
− OpEx
−$26.2K −$24.98/SF
NOI
$32.1K $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%
$641,100
Cap Rate 7%
$457,929
Cap Rate 9%
$356,167
Alternative Uses
Best Use
Apartment 5plus
$457.9K
$400.7K – $534.3K
NOI $32,055 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$869.4K
$760.7K – $1.01M
NOI $60,858 @ 7.0% cap · market cap 9.52%
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
$905,700
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Brooklyn, NY
Properties on Market for Residential income properties in Brooklyn
Frequently Asked Questions
What type of property is this?
Residential income property - A two-level co-op residence pairs a private balcony with a fenced patio and access to the building’s rear courtyard.
Where is this residential income property located?
The property is located at 9967 Shore Road 7B Brooklyn, NY.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: 1,050‑square‑foot duplex co‑op with two bedrooms and 1.5 bathrooms; Fenced private patio, balcony, and direct access to the rear courtyard; Eat‑in kitchen includes an island, pantry, granite counters, and stainless steel appliances
