For Sale
$5,999,000

200 9Th St Brooklyn, NY 11231

Eight-unit apartment building, excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional eight-unit apartment building, located at 200 W 9th St in Brooklyn, NY 11231, presents a compelling investment opportunity. Situated in the desirable Carroll Gardens neighborhood, this four-story brick building, constructed in 1920, sits on a 2,500 square foot lot and is zoned R6B. The property boasts eight apartments, with six recently renovated to include modern finishes and appliances. The remaining two units offer potential for value-add improvements or customization. A full basement provides ample storage, and a sizable backyard adds to the property's appeal. The asking price is $5,999,000, translating to $749,875 per unit. This property is ideally suited for investors seeking a strong return, developers looking for a value-add project, or owner-occupants desiring a prime location. The building's location offers convenient access to transportation, shopping, dining, and entertainment options, making it a highly attractive investment in a vibrant and sought-after Brooklyn neighborhood. This is a rare chance to acquire a piece of Brooklyn real estate with significant upside potential. The sale is structured as a 1031 exchange.

Highlights

  • $5,999,000 asking price for an eight-unit apartment building.
  • Prime Carroll Gardens, Brooklyn location.
  • Eight units, with six recently renovated.
  • Four-story brick building on a 2,500 sq ft lot.
  • Full basement and large backyard.
  • R6B zoning.

Property Details for 200 9Th St

Property type
Apartment buildings
Year Built
1920
Buildings
1
Stories
4
Units
8

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6746955
Longitude
-73.9983178

FAQs

What type of property is this?
Apartment building - Eight-unit apartment building, excellent investment.
Where is the apartment building located?
The property is located at 200 9Th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,999,000.
What are key features of this property?
This property features: $5,999,000 asking price for an eight-unit apartment building.; Prime Carroll Gardens, Brooklyn location.; Eight units, with six recently renovated.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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200 9Th St
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