Detached Corner 2-Family
For Sale
$1,790,000
2177 W 7th Street, Brooklyn, NY 11223
MULTI_FAMILY - Brooklyn, NY
Property Size1,620 SF
Lot Size0.05 Acres
Price / SF$1,104
Days on Market145
Property Features for 2177 W 7th Street
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
R5
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 4
Parking features
Garage - Detached
Interior features
Refrigerator, Stove
Basement
Full, Finished
Subdivision
Gravesend
Standard status
Active
Size
1,620 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8084
Building Details
Year built
1920
Floors in Building
2
Flooring type
Hardwood, Carpet
Building materials
Wood Frame
Architectural style
Ranch
Listing Agency:
Metro Realty Professionals
(718) 838-2600
Listed By:
Nam H. Sung
(718) 838-2600
Added: Mar 11
Changed: Jul 30
Last Checked: Aug 2 at 1:06PM
MLS# 499553
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.
Detached corner 2-family duplex delivered vacant, built in 1920 with wood-frame construction and a ranch architectural style. The home is fully detached and offers two separate floor levels, each with two bedrooms, one living room, one full bath, and a kitchen.
The finished basement includes a private back entry, a family room, a reading room, and an additional full bath. There is also a sizable enclosed porch in the back. Flooring includes hardwood and carpet, and interior features include a refrigerator and stove. Parking is available via a detached garage.
Situated in Brooklyn (Kings), the property is described as being only a few minutes to the N train Avenue U subway station and the 86 Street subway station. The lot size is 0.0482 acres and the property size is 1,620 square feet. The listing indicates the home will be delivered vacant.
The finished basement includes a private back entry, a family room, a reading room, and an additional full bath. There is also a sizable enclosed porch in the back. Flooring includes hardwood and carpet, and interior features include a refrigerator and stove. Parking is available via a detached garage.
Situated in Brooklyn (Kings), the property is described as being only a few minutes to the N train Avenue U subway station and the 86 Street subway station. The lot size is 0.0482 acres and the property size is 1,620 square feet. The listing indicates the home will be delivered vacant.
Key Highlights
- R5 zoned fully detached corner 2‑family duplex delivered vacant
- 0.0482‑acre lot and 1,620 SF total area
- Built in 1920 with wood‑frame ranch construction
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 | $82.6k | $51.00 |
| − Vacancy | −$1.6k | −$0.97 |
| EGI | $81.1k | $50.03 |
| − OpEx | −$24.3k | −$15.01 |
| NOI | $56.7k | $35.02 |
1,620 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$810.5K
$709.2K – $945.6K
NOI $56,735 @ 7.0% cap · market cap 3.17%
Second Best
Apartment 5plus
$706.5K
$618.2K – $824.3K
NOI $49,457 @ 7.0% cap · market cap 2.76%
Theoretical Best
Specialty Retail
$1.34M
$1.17M – $1.56M
NOI $93,895 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,686
Businesses Nearby
Explore this area
Business Placement
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - R5-zoned detached corner duplex set on a small lot with two bedrooms per floor and a finished basement.
Where is this duplex located?
The property is located at 2177 W 7th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: R5 zoned fully detached corner 2‑family duplex delivered vacant; 0.0482‑acre lot and 1,620 SF total area; Built in 1920 with wood‑frame ranch construction
