Buy with Yoreevo
$1,472,767
List Price: $1,499,000
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765 E 9th Street
House in Midwood •  building info
studio • 2,679ft² $560 per ft²
Buy with Yoreevo

$1,472,767

List Price

$1,499,000

Key Details
Days on market
30
Last price change
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Estimated payment
$10,134/mo
Taxes
$1,827/mo
Maintenance
N/A
Description
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!

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,499,000
Asking Price: $1,499,000
Term
30 Years
Down Payment
$149,000 (10%)
Min: 10% (149,000)
Rate
6.25 %
Mortgage Amount
$1,349,100
Mortgage Payment
$8,307
Taxes
$1,827
Estimated Yoreevo rebate
$26,233
Estimated closing cost
$54,000
Total monthly cost $10,134
Buy your dream home with us and get an estimated $26,233 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Triolo Realty Group Inc

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