771 East 9th Street
Listing Notes
Turnkey 6 Family Investment in Excellent Condition Located in the desirable Kensington/Flatbush area, this well-maintained semi-detached 6-family brick building presents a rare opportunity to acquire a fully occupied, income-producing asset in excellent condition. The property consists of three stories plus a full basement and features six spacious units, primarily 3-bedroom layouts, a highly desirable configuration that supports long-term tenant stability and consistent demand. Income & Performance: The building generates approximately $138,800+ in annual gross income with all units currently occupied. Operating expenses are approximately $43,000+ plus real estate taxes (~$22,787), providing a stable, predictable cash flow profile. Investment Highlights: -Fully occupied, immediate income from day one -Excellent building condition, minimal near-term capital expenditure -Strong unit mix with large 3 bedroom apartments -Long-term hold with consistent rental demand -Solid Brooklyn location with established tenant base Property Features: -Approx. 5,000 sq ft building -Semi-detached brick construction -Hardwood and tile flooring throughout -Full basement for storage/mechanical -Rear yard Location: Conveniently situated near public transportation, shopping, schools, and major roadways, offering easy access throughout Brooklyn and into Manhattan.
Price in context
Cheaper than 43% of the 21 homes listed nearby right now, which run $749,000 to $1,750,000.
See all 21 nearby listings
| Address | Asking | Size |
|---|---|---|
| 800 Ocean Parkway 5N | $749,000 | 3 bd · 2 ba |
| 570 Ocean Parkway 6BC | $799,000 | 3 bd · 2 ba |
| 428 East 9th Street 705 | $840,000 | 2 bd · 2 ba |
| 428 East 9th Street 501 | $849,000 | 2 bd · 2 ba |
| 428 East 9th Street 603 | $850,000 | 2 bd · 2 ba |
| 428 East 9th Street PH5 | $850,000 | 2 bd · 2 ba |
| 734 East 5th Street 3 R | $865,000 | 2 bd · 2 ba |
| 428 East 9th Street 211 | $910,000 | 2 bd · 2 ba |
| 865 East 15th Street | $929,000 | 4 bd · 3 ba |
| 428 East 9th Street 411 | $950,000 | 2 bd · 2 ba |
| 428 East 9th Street 513 | $970,000 | 2 bd · 2 ba |
| 941 East 15th Street | $1,200,000 | 5 bd · 3.5 ba |
| 362 Webster Avenue | $1,370,000 | 6 bd · 2.5 ba |
| 1312 Avenue H 3 | $1,488,000 | 7 bd · 3.5 ba |
| 945 East 15th Street | $1,650,000 | 8 bd · 3 ba |
| 1073 East Third Street | $1,650,000 | 3 bd |
| 299 Webster Avenue | $1,695,000 | 4 bd · 1.5 ba |
| 744 Rugby Road 1 | $1,699,000 | 6 bd · 3.5 ba |
| 899 East 7th Street | $1,700,000 | 5 bd · 2.5 ba |
| 811 East 8th Street MULTI | $1,749,900 | 14 bd · 4.5 ba |
| 962 East 14th Street 1 | $1,750,000 | 7 bd · 6 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more
OpenRealtor, a RealtyLens company. Listing facts are drawn from public feeds and enriched with NYC public records. This is not the original listing site.