Property profile

62 9th St Brooklyn, NY 11249

OFF-MARKET
Investment properties
Property ID
US63-1229742
6,756 SF 0.06 ac lot Built 2017
Entity Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 6-unit apartment building presents a lucrative investment opportunity in the highly sought-after Williamsburg neighborhood of Brooklyn, New York. The newly constructed, four-story walk-up building boasts a total of 6,756 square feet, encompassing five residential units and one commercial unit. Each unit commands a price of $1,300,000, contributing to the building's impressive $7,800,000 asking price. Built in 2021, the property sits on a 2,500 square foot lot and is zoned M1-2/R6A, MX-8. Its prime location places it within easy walking distance of the L and G subway lines, providing convenient access to Manhattan and other parts of Brooklyn. Residents and businesses will also appreciate the proximity to McCarren Park and Marsha P. Johnson State Park, offering ample green space and recreational opportunities. The building's location near the East River adds to its desirability. Currently vacant, this property offers immediate occupancy and the potential for significant rental income. The building's modern construction and desirable location make it an ideal investment for discerning buyers seeking a high-return property in one of Brooklyn's most vibrant neighborhoods. This is a rare opportunity to acquire a turnkey multifamily asset in a rapidly appreciating market. The property is delivered vacant, allowing for immediate customization and leasing.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2017
Total area 6,756 SF
Lot 0.06 ac (2,500 SF)
Zoning code M12R6A
APN 02309-0013
UPID US63-1229742

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

62 9th St Brooklyn, NY 11249-1931
Brooklyn metro Census 55700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2006
2 recorded transactions
2026
Price N/A
2006
Price N/A

Zoning & alternative use

M12R6A · Brooklyn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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