771 E 9th St Brooklyn, NY 11230
Midwood NeighborhoodEstimated payment $8,977/month
Highlights
- Brownstone
- Wood Flooring
- Heating System Uses Steam
- Ditmas Junior High school Rated A-
- Brick Front
- Back Yard
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,787
Year Built
- Built in 1925
Lot Details
- 2,667 Sq Ft Lot
- Lot Dimensions are 100 x 26
- Back Yard
Parking
- On-Street Parking
Home Design
- Brownstone
- Flat Roof Shape
- Poured Concrete
- Brick Front
Interior Spaces
- 5,000 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 17 Bedrooms
- 6 Full Bathrooms
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 6497
Community Details
Overview
- 6 Units
Building Details
- Fuel Expense $5,325
- Insurance Expense $5,517
- Utility Expense $1,002
- Gross Income $138,802
- Net Operating Income $91,135
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $23,656 | $435,150 | $8,100 | $427,050 |
| 2025 | $21,925 | $362,700 | $8,100 | $354,600 |
| 2024 | $21,925 | $302,400 | $8,100 | $294,300 |
| 2023 | $21,513 | $252,000 | $8,100 | $243,900 |
| 2022 | $20,728 | $303,750 | $8,100 | $295,650 |
| 2021 | $19,243 | $357,300 | $8,100 | $349,200 |
| 2020 | $8,779 | $391,950 | $8,100 | $383,850 |
| 2019 | $17,014 | $372,600 | $8,100 | $364,500 |
| 2018 | $17,158 | $134,904 | $2,529 | $132,375 |
| 2017 | $16,576 | $130,321 | $2,823 | $127,498 |
| 2016 | $15,557 | $120,668 | $2,963 | $117,705 |
| 2015 | $10,100 | $111,980 | $3,299 | $108,681 |
| 2014 | $10,100 | $103,773 | $3,113 | $100,660 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2026 06/09/26 | Price Changed | $1,299,000 | -3.7% | $260 / Sq Ft |
| 04/20/2026 04/20/26 | For Sale | $1,349,000 | -- | $270 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $850,000 | -- | |
| Deed | $700,000 | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $650,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 500555
APN: 06497-0060
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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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