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771 E 9th St, Brooklyn, NY, 11230

17beds
6baths
5,000sqft
$1,299,000
$260price/sqft
$8,399/moest. monthly cost
$335,960/yrincome needed

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.

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
86
BikeVery Bikeable

Schools

8/10
Middle 890Grades 6-81.0 mi
6/10
Midwood High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1925

Type & Style

  • Home type: SingleFamily
  • Property subType: Building

Interior

Bedrooms & Bathrooms

  • Bedrooms: 17
  • Bathrooms: 6
  • Full bathrooms: 6

Interior Area

  • Total structure area: 5,000
  • Total interior livable area: 5,000 sqft

Property

Details

  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,568$78,816
Home Insurance *$399$4,788
Property Taxes $606$7,272
Electricity $826$9,915
Total$8,399$100,788
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$287,965/yr
40% on housing$251,970/yr
45% on housing$223,973/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$260This listing

vs Other Active Listings

Avg $/sqft

ZIP 11230$664
Kings County$698

vs Homes Sold Last Month

Median $/sqft

ZIP 11230$659
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-20Listed for sale$1,349,000
2023-06-01Listing removed--
2023-01-20Listed for sale$1,399,000
2022-08-05Pending sale$1,399,000
2022-06-10Price change$1,399,000
2022-04-28Price change$1,499,000
2022-03-29Listed for sale$1,580,000
2018-10-06Listing removed$1,900,000
2018-01-30Price change$1,900,000
2017-10-04Listed for sale$1,990,000

For Sale by Agent

AgentPeter Pan
BrokerageTiger Realty

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