771 East 9th Street, Brooklyn, New York 11230

$1,299,000
17
BD
5,000
SqFt

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List Price
$1,299,000
Price Change
▼ $50,000 1781053424
Status
ACTIVE
MLS#
500555
Bedrooms
17
Full-baths
6
Sq. Ft
5,000
Year Built
1925

Property Description

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.

Additional Information

Stories
3
Lot Size
2,667
Flooring
Hardwood, Tile
Basement
Full
Heating
Gas

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Calculator source: Real Geeks

Listing courtesy of Tiger Realty.