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Renovated Two-Family Home, Brooklyn

200 Bay 7th Street Brooklyn, NY 11228

200 Bay 7th Street, Brooklyn, NY, 11228
$1,550,000
Pending
For Sale
Claim this Listing
$1,550,000
Pending

MULTI_FAMILY - Brooklyn, NY

Property Size2,048 SF
Lot Size0.05 Acres
AddedOct 15, 2025
Days on Market275
Last RefreshJul 16 at 8:06 am

Property Features for 200 Bay 7th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
6
Bathrooms
5
Rooms
Bathroom 3, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 1
Parking features
On Street
Patio and Porch features
Patio
Interior features
Ceiling Fan(s)
Fencing
Fenced
Basement
Finished, Full
Standard status
Pending
APN
06424-0059
Size
2,048 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
7405

Utilities

Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas

Building Details

Year built
1935
Floors in Building
2
Number of units
2
Building materials
Stucco, Vinyl Siding

Listing agent Jay Zhang

Listing office Robert DeFalco Realty, Inc. 1678 Hylan Blvd., STATEN ISLAND, NY

Listing date Oct 15, 2025

MLS# 2506103 Listing URL

Copyright © 2026 Staten Island Board of Realtors. 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 is a newly renovated, semi-detached 2-family property located in Dyker Heights, Brooklyn. Each floor provides approximately 1,000 square feet of living space, configured as a 3-bed/1-bath layout over a 3-bed/1-bath layout, plus a finished basement. The property includes a low-maintenance, paved backyard suitable for gatherings. Convenient commuting is facilitated by proximity to the Belt Parkway and the express bus, located just a block away. The Dyker Beach Golf Course is within walking distance. The property's lot size is 0.05 acres and the property size is 2,048 square feet. The zoning is R4. The annual taxes are $7,405. The property offers rental potential, multi-generational living options, or the possibility of an owner's duplex with income.

Key Highlights

  • Semi‑detached 2‑family home with two 3‑bed, 1‑bath units and a finished basement
  • Approximately 1,000 sq ft per floor, configured as 3‑bed/1‑bath over 3‑bed/1‑bath
  • Paved backyard with patio and fenced yard

Local 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 $104.4k $51.00
− Vacancy −$2.0k −$0.97
EGI $102.5k $50.03
− OpEx −$30.7k −$15.01
NOI $71.7k $35.02
2,048 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.02M
$896.6K – $1.20M (±1% cap)
NOI $71,724 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$893.2K
$781.5K – $1.04M (±1% cap)
NOI $62,523 @ 7.0% cap · market cap 4.03%
Theoretical Best
Specialty Retail
$1.70M
$1.48M – $1.98M (±1% cap)
NOI $118,702 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Parking Lot & Garage Hotel & Motel Catering Service Nursing Home Cosmetic Store Nursing Home Storage Facility Bar & Pub Real Estate Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Newly renovated two-family home in prime Dyker Heights.
Where is this duplex located?
The property is located at 200 Bay 7th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Semi‑detached 2‑family home with two 3‑bed, 1‑bath units and a finished basement; Approximately 1,000 sq ft per floor, configured as 3‑bed/1‑bath over 3‑bed/1‑bath; Paved backyard with patio and fenced yard
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More about this property
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