$2,699,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

9 Spencer Place Unit 4 Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated payment $15,039/month

Total Views 1,623
-- Bed
4 Baths
4,322 Sq Ft
$624 Price per Sq Ft

Highlights

  • Brownstone
  • 2-minute walk to Franklin Avenue (A,C,S Line)
  • Heating System Uses Steam
  • Wood Flooring
  • Cooling Available
  • 1-minute walk to John Hancock Playground

About This Home

Welcome to a prized brownstone just minutes from Clinton Hill, nearly impossible to duplicate. This 20 Foot wide, 4-family brownstone stands as one of the largest on the block, offering gracious proportions and soaring ceilings that fill well over 4,000 square feet on a 20x 100 lot. This residence proudly retains many of its original details from intricate crown moldings and grand banisters to high ceilings and ornate wood doors that whisper Brooklyn's elegance. Upon entry you are greeted by handcrafted features that are rarely still found today. Meticulously maintained and preserved, this is an uncommonly well-kept brownstone not only offers timeless charm but generates great rental income!

Listing Agent

Jack Perlamuter

Perl Group Real Estate Listed on: 07/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,753

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back Yard

Home Design

  • Brownstone
  • Flat Roof Shape

Interior Spaces

  • 4 Full Bathrooms
  • 4,322 Sq Ft Home
  • Wood Flooring
  • Basement Cellar

Utilities

  • Cooling Available
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 2000

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $6,000
  • Insurance Expense $4,000
  • Utility Expense $1,440
  • Gross Income $176,160
  • Net Operating Income $153,230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,753

Lot Details

0

Listing Details

  • Basement Amenities: Cellar
  • Borough: Brooklyn
  • Building Width: 20.00
  • Co List Office Mls Id: 112560
  • Co List Office Phone: (718) 258-2900
  • Confirmed By M L S Y N: Yes
  • Cross Street: Hancock St
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 4
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 4322
  • Street Name I D X: Spencer
  • Building Style: Other
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 4
  • Flooring: Hardwood
  • Lot Sq Ft: 2000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Other
  • Exterior: Brownstone
  • Foundation Details: Other
  • Lot Number: 10
  • Roof: Flat

Utilities

  • Air Conditioning Units: 1
  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 6000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20

Rental Info

  • Rent Income: 176170

Multi Family

  • Annual Gross Expense: 22930.00
  • Annual Gross Income: 176160
  • Insurance Expense: 4000.00
  • Property Net Operating Income: 153230.00
  • Annual Utility Expenses: 1440.00

Tax Info

  • Flip Tax Amount: 9753.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2025 07/21/25 For Sale $2,699,000 -- $624 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 494343

Brooklyn Board of REALTORS®

APN: 02000-0010

New York Kings County Brooklyn 11216 Bed-Stuy

9 Spencer Place Unit 4, Brooklyn, NY

For Sale

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Jack Perlamuter
Listing Agent
Jack Perlamuter
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Perl Group Real Estate
(929) 209-7295