$1,499,000

765 E 9th Street, Brooklyn, NY 11230

  • 5,160 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon2,666sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $291/sqft
  • Property List Date Icon Listed 2 months ago

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!

Listing Status:
Active
Data Last Updated:
February 8, 2026 at 7:20AM
Listing Office:
Triolo Realty Group Inc : 718-844-5414
MLS ID:
936465
  • Basement: FullPartially FinishedWalk-Out Access
  • A/C: None
  • Heating: Oil
  • Parking: None
  • Originating MLS: onekey2
  • County: Kings (Brooklyn)
  • Zoning: 06497-0062
  • Utilities: Electricity AvailableNatural Gas AvailableNatural Gas Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

Presented by Veterans United Realty

This listing courtesy of Triolo Realty Group Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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