771 East 9th Street, Brooklyn, New York, 11230
$1,299,000
17
Beds
Bathrooms
5,000
Building Sqft
0.06
Acres
2,667
Lot Sqft
About 771 9th Street
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.
Features of 771 9th Street
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