Address
767 East 9th Street, Brooklyn, NY
Price
$ 1,360,000
Property Attributes
  • MLS#504667
  • TypeMulti-Family
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodMidwood
  • Zip11230
  • StyleDuplex
  • Year Built1925
  • Taxes$ 24000
  • Price$ 1,360,000
  • Bedrooms11
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size0.061226 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

A great investment 6 family fully occupied located in the boarder of Midwood/Kensington area. A well maintained semi detached brick building which comes with three front apartments gut renovated - 1F and 2F done in 2019, and 3F done 2023. New hot water heater was installed in 2021 and a new furnace was installed 2023. Front half of the roof redone in 2022 All these capital investments make this property an attractive turnkey investment that generates a steady, above average, rental income. There is a half bath in the basement to add the convenience for the owner. It is located near public transportation and Ocean Parkway which is a very attractive convenience to current/potential tenants in getting around.

Price History
9/17/2026 Listed $1,360,000

General Features

Net Operating Income 83040.00
Roof Rubber
Zoning R7A
Electric Circuit Breakers
Style Duplex
Stories Count 3
Property Type Residential
Block 6497
Cap Rate 0.06
Lot Number 61
Yearly Taxes 24000.00
Transaction Type Sale
Miscellaneous Expense 3600.00
Insurance Expense 7000.00
Utility Expense 1500.00
Gross Expense 50100.00
Financing 1031 Exchange,Bank Mortgage,Cash
Building Type Semi-Detached
Gross Income 133140
Status Active
Fuel Expense 7000.00
Construction Materials Brick,Masonry
Cumulative Days on Market 1
MLS Area Midwood
Sub Type Multi-Family
Year Built 1925
City Brooklyn
Borough Brooklyn
Residential Features Refrigerator,Stove
DOM 1
Sale Type Arm's Length
# Families 6
Public Remarks A great investment 6 family fully occupied located in the boarder of Midwood/Kensington area. A well maintained semi detached brick building which comes with three front apartments gut renovated - 1

Interior Features

Heating Fuel Gas
Flooring Ceramic,Tile
Hot Water Gas
Full Baths 6
Unit Count 6
Building Amenities Resident Superintendent
Basement Amenities Full,Separate Entrance
Baths Total Level 1 2.00
Baths Total Level 2 2.00
Baths Total Level 3 2.00
Beds Total Level 1 3
Beds Total Level 2 4
Beds Total Level 3 4
Beds Total 11
Total Baths 6.00

Exterior Features

Exterior Brick
Yard Back,Side
Foundation Poured Concrete
Lot Sq Ft 2667
Building Length 80.00
Building Width 22.00
Lot Size Length 100
Lot Size Width 26
Parking Attrib None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 11230

Price
AVG $2.02M
$1.36M
Taxes
AVG $17,753
$24,000
Year Built
AVG 1929
1925
Visits
AVG 85
6
Data Provided by Inside Real Estate®
Fair Housing Icon NY Fair Housing Notice