Commercial $ 1,499,000

765 E 9th ST

Brooklyn, NY 11230

  • 11 Beds
  • 6 Baths
    Full Baths: 6
  • 5,160 SqFt
  • 2,679 Lot Size
  • 1925 Year Built
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!
Listed by Triolo Realty Group, Inc.

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type 6F

    Listing Status Active

    Purchase Type For Sale

    Square Footage 5, 160 sqft

    Price per Sqft $290

    MLS Listing ID 2506714

    Bedrooms 11

    Full Baths 6

    Year Built 1925

    Annual Tax Amount $23,655

    Lot Size 2,679 Sqft

    Acres 0.06

    Lot Dimensions 26.67x100

    Property Sub-Type 6F

    Source Staten Island Multiple Listing Service

  • Location

    State NY

    County Kings

    Area Midwood

    Zoning R7-A

  • Building

    Story 3

    Sewer City

    Level or Stories 3

    Structure Type Brick

    New Construction No

  • Interior

    Heating Steam, Oil

    Cooling None

  • Others

    Tax ID 06497-0062

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