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Property Description

Welcome to 765 East 9th Street — a rare, long-held 6-family building in the heart of Midwood, Brooklyn.
Owned by the same family for nearly 60 years, this exceptionally well-maintained property offers tremendous versatility, strong income, and the opportunity to add significant value. Currently used as a 5-family, the building can easily be converted back to its original 6-family layout, making it ideal for both investors and end-users.

The first-floor features a large combined owner’s apartment, created from two units and never rent stabilized—allowing the future owner to establish first rent if reconfigured. This expansive residence offers 8 well-proportioned rooms, including a kitchen, dinette area, living room, formal dining room, 4 bedrooms, and 2 full bathrooms. Whether used as a spacious owner’s suite or restored into two separate units, it provides extraordinary flexibility and value.

The second and third floors each contain two apartments per floor, with every unit offering 4 rooms total, including 2 bedrooms, serving long-standing, reliable, good-paying tenants.

The property also includes a full semi-finished basement, featuring:
Laundry room
3/4 bathroom
Boiler/utility room
Large open room with direct access to the rear yard

With strong existing rents, stable tenancy, and additional upside potential, this building is an excellent income-producing investment, with the ability to reach an estimated 4.3% cap rate.

Located on a quiet residential block near Kensington and surrounded by transportation, houses of worship, shopping, and schools, 765 East 9th Street is truly a rare opportunity in an in-demand neighborhood.

First time on the market in decades — don’t miss it!

Features
Heating System:
Oil
Cooling System:
No
Basement:
Full, Walk-out Access, Partially Finished
Parking Features:
No
Sewer:
Public Sewer
Utilities:
Natural Gas Available, Electricity Available, Natural Gas Connected
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Directions:
Ocean Parkway to Foster Avenue to East 9th Street
Property and Construction
Development Status:
Brick
Agent MlsId:
228408
Office MlsId:
TRRG01
Number Of Units:
6
Special Listing Conditions:
No
Stories Total:
3
Tax Annual Amount:
$21,925
Water Source:
Public
PhotosCount:
48

Commercial Sale For Sale

765 9th Street, New York, NY

2,679 Acre
$1,499,000
Listing ID #936465
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
936465
Price :
$1,499,000
Bathrooms Total :
0
Building Area :
5,160 Sqft
Lot Area :
2,679 Acre
Year Built :
1925
Status :
Active
Status :
Active
Listing Office :
Triolo Realty Group Inc
Listing Agent :
AnnMarie Triolo SRS C2EX
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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