Two-Family Semi-Detached
1627 W 7th Street Brooklyn, NY 11223
For Sale
$1,250,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,344 SF
Lot Size0.04 Acres
Price / SF$930.06
Days on Market50
Property Features for 1627 W 7th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 3, Bathroom 2
- Parking features
- Garage
- Interior features
- Laundry Area, Refrigerator, Stove
- Basement
- Finished
- Standard status
- Active
- Size
- 1,344 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7447
Building Details
- Year built
- 1930
- Number of units
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Wood Frame
- Roof type
- Flat
Listing Agency:
E House Realty & Mgt. Inc.
(718) 680-2776
Listed By:
Weixing (Winston) Lao
(718) 680-2776
Added: Jun 4
Changed: Jul 9
Last Checked: Jul 23 at 10:06PM
MLS# 502000
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained two-family semi-detached home offers a practical layout with two bedrooms and one full bathroom on both the first and second floors. A fully finished basement adds additional usable space and includes a separate entrance, along with access to the backyard. The property is currently in move-in condition and is vacant, providing flexibility for an owner-occupant or investor.
Located in Bensonhurst, the home is positioned between Avenue P and W 7th Street, with nearby shopping and transportation options. The N train is noted as being nearby, supporting convenient access for daily commutes.
With two self-contained living areas above and a finished basement with its own entry, this property can suit a range of residential income or owner-occupant arrangements. Each unit’s bedroom and full bath count is consistent across floors, simplifying planning for occupancy. The separate basement entrance and backyard access further enhance privacy and day-to-day usability.
Located in Bensonhurst, the home is positioned between Avenue P and W 7th Street, with nearby shopping and transportation options. The N train is noted as being nearby, supporting convenient access for daily commutes.
With two self-contained living areas above and a finished basement with its own entry, this property can suit a range of residential income or owner-occupant arrangements. Each unit’s bedroom and full bath count is consistent across floors, simplifying planning for occupancy. The separate basement entrance and backyard access further enhance privacy and day-to-day usability.
Key Highlights
- Bensonhurst two‑family semi‑detached home located between Avenue P and W 7th Street
- Two bedrooms and one full bathroom on both the first and second floors
- Fully finished basement with separate entrance and access to the backyard
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.5k | $51.00 |
| − Vacancy | −$1.3k | −$0.97 |
| EGI | $67.2k | $50.03 |
| − OpEx | −$20.2k | −$15.01 |
| NOI | $47.1k | $35.02 |
1,344 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$672.4K
$588.4K – $784.5K
NOI $47,069 @ 7.0% cap · market cap 3.77%
Second Best
Apartment 5plus
$586.2K
$512.9K – $683.9K
NOI $41,031 @ 7.0% cap · market cap 3.28%
Theoretical Best
Specialty Retail
$1.11M
$973.7K – $1.30M
NOI $77,898 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained two-family with two bedrooms and a full bath on each floor plus a finished basement with separate entrance.
Where is this duplex located?
The property is located at 1627 W 7th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Bensonhurst two‑family semi‑detached home located between Avenue P and W 7th Street; Two bedrooms and one full bathroom on both the first and second floors; Fully finished basement with separate entrance and access to the backyard
