1877 9th Street
1877 9th Street Brooklyn, New York 11223 United States

$1,888,000
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Welcome to 1877 W 9st, a great income generating property in Gravesend Brooklyn. This 6 family (5 - 2br + 1 - 1br) is currently producing at a 4.8% cap rate with under market value on the units, with a projected 5% + cap rate. All units are occupied, each floor has 2 units, Floor 1 has a 2br and 1br apartment. Floor 2 has 2 (2br) floor 3 has also 2 (2br) apartments. Building also features a...
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$1,888,000
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2
Bedrooms
1
Full Bath
1
Partial Bath
5
Rooms
2,800 Sq Ft.
Exterior
Multi-Family Homes
Property Type
1931
Year Built
1140091
Web Id
New York City Department Of Education
School District

About 1877 9th Street

Welcome to 1877 W 9st, a great income generating property in Gravesend Brooklyn. This 6 family (5 - 2br + 1 - 1br) is currently producing at a 4.8% cap rate with under market value on the units, with a projected 5% + cap rate. All units are occupied, each floor has 2 units, Floor 1 has a 2br and 1br apartment. Floor 2 has 2 (2br) floor 3 has also 2 (2br) apartments. Building also features a full finished working basement with ample storage space, storm door exit plus side and backyard. Great for any investor call for more info..

Listing Courtesy of Coldwell Banker Advantage

Amenities

  • Steam Room
  • Steam Shower
  • City Strip Views

features

cooling
2 or More Units, Gas, Individual, Window Units
Parking
Off Street Available

Property Details

Garage(s)
0.00
Stories
3.0

Interior

Rooms
5

Unit Information

Total Units
6

Additional Information

Price Per Sq. ft
$364.41
Taxes
$17, 296