RealtyLens
for saleRealtyLens property overview
$1,349,000

771 E 9th St

Brooklyn, NY, 11230
View more Brooklyn, NY property pages
17Beds
6Baths
5,000Sqft
$270$/sqft

Listing Notes

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.

Market Insights

Below nearby median-59%

$270/sqft vs a nearby median of $652/sqft.

Nearby median$652/sqft
Nearby properties12
Property size5,000 sqft
  • -59% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 5,000 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$3.13M$2.85M$3.41M · 50% confidence
vs ask $1.35M−$1.78M (−132.0%)

Asking price is about 132.0% below the fair value — likely to draw competing offers if it's still on market.

$652/sqft median across 9 tight comps × 5,000 sqft= $3.26M
  • Open Class C HPD violations−$147k −4.5%
  • Pre-war character+$82k +2.5%
  • Sparse street life−$49k −1.5%
  • Visible condition issues−$33k −1.0%
  • Transit access+$16k +0.5%
Cumulative NYC adjustments−$130k−4.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-59% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
22 days
Last price change
No change recorded
Listed
Apr 20, 2026
Photos
32 photos
Property type
multi family
Status
for sale
Last sold
Sep 19, 2014 · $850,000

Features & Amenities

Hardwood FloorsTwo Or More StoriesBasementRental PropertyShopping

Photos

Building Facts

Year built
1925
Stories
3
Total units
6
Residential units
6
Building area
5,000 sqft
Lot size
2,667 sqft
Land use
Multi-family walk-up buildings
Building class
C2

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,349,000for sale

Public Records

DOB violations0 open

5 total recorded against the building

HPD violations5 open

3 class C (immediately hazardous)

ACRIS documents21

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)34,809

Top: illegal parking

Top complaint types in ZIP 11230

  • Illegal Parking7,642
  • HEAT/HOT WATER4,263
  • Blocked Driveway2,735
  • Noise - Residential2,601
  • UNSANITARY CONDITION1,238

Recent DOB

  • Apr 6, 2018V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Dec 31, 2009V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Mar 16, 1999V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
  • Aug 29, 1995V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED

Recent HPD

  • Mar 10, 2026Class B · § 27-2005 ADM CODE REPLACE WITH NEW THE MISSING RADIATOR SHUT OFF VALVE CONTROL KNOB AT PUBLIC HALL, 1st STORY
  • Mar 10, 2026Class C · § 27-2005 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF UNCAPPED RADIATOR STEAM VALVE AT NORTH WALL AT PUBLIC HALL, 1st STORY
  • Mar 4, 2026Class C · § 27-2005 ADM CODE & 309 M/D LAW ABATE THE NUISANCE CONSISTING OF HOT WATER EXCEEDS MAXIMUM TEMP OF 130 DEGREES IN THE ENTIRE APARTMENT LOCATED AT APT 2R, 2nd STORY, 1st APARTME...
  • Mar 4, 2026Class B · § 27-2005 ADM CODE REPLACE WITH NEW THE MISSING SHUT OFF VALVE AT RADIATOR IN THE 1st ROOM FROM EAST AT NORTH LOCATED AT APT 2R, 2nd STORY, 1st APARTMENT FROM NORTH AT EAST

Recent Transfers (ACRIS)

  • Oct 17, 1990DEED
  • Jun 4, 1984DEED
  • Sep 19, 2014DEED$850,000

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.

771 E 9th St, Brooklyn, NY, 11230 | RealtyLens