The listing facts are current enough for an initial property review.
771 E 9th St
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
$270/sqft vs a nearby median of $652/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
Asking price is about 132.0% below the fair value — likely to draw competing offers if it's still on market.
- 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%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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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
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
Public Records
5 total recorded against the building
3 class C (immediately hazardous)
Tax-lot deed, mortgage, and transfer records on file
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.