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765 E 9th St, Brooklyn, NY, 11230

--beds
7baths
5,160sqft
$1,299,000
$252price/sqft
$8,425/moest. monthly cost
$337,000/yrincome needed

About This Home

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 room 3/4 bathroom Boiler/utility room Large open room with direct access to the rear yard With 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!

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

Materials

  • Foundation: Block
  • Roof: Flat
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Stove,Washer,Hot Water Coil in Boiler

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bathrooms: 7
  • Full bathrooms: 6
  • 3/4 bathrooms: 1

Features

  • Flooring: Carpet,Hardwood,Linoleum

Heating

  • Heating features: Oil,Steam/Radiator

Interior Area

  • Total structure area: 5,160
  • Total interior livable area: 5,160 sqft

Property

Details

  • Attached to another structure: Yes
  • Zoning: R7A
  • Special condition: Arm's Length
  • Foundation area: 1760

Features

  • Stories: 3

Lot

  • Lot size: 2,667 sqft
  • Features: Back Yard
  • Lot size dimensions: 26x100

Parking

  • Parking features: None