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Jeffrey A. Ashton
Licensed Real Estate Salesperson
REALTOR®

765 E 9th Street, Brooklyn, NY 11230

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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 room3/4 bathroomBoiler/utility roomLarge open room with direct access to the rear yardWith 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!

765 E 9th Street | MLS# 936465

This commercial property located at 765 E 9th Street, Brooklyn, NY 11230 is currently listed for sale with an asking price of $1,499,000. Search Brooklyn real estate on jeffrey-ashton.timberlandproperties.com today.

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Property Features

Property Type: Commercial -
Basement: Yes
Basement: Full, Partially Finished, Walk-Out Access
Cooling: None
Heating: Oil
Lot Size: 0.06 Acres
Stories: 3.0
Taxes: $21,925
Year Built: 1925

Feature Descriptions

Building Area Total: 5160
Days on Site: 109
Exterior: Brick
Fuel Expense: 13404
Heating Units: 1
On Market Date: 2025-11-17
Parcel Number: 06497-0062
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 7
Separate Gas Meters: 7
Sewer: Public Sewer
Units: 6
Utilities: Electricity Available, Natural Gas Available, Natural Gas Connected
Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: Triolo Realty Group Inc
Agency Contact: 718-844-5414

Shown By

Agent Name: Jeffrey A. Ashton
Agent Phone: Cell: (973) 650-0035
Agency Title: Timberland Properties

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