Duplex with Detached
For Sale
$1,295,000
7411 11th Avenue, Brooklyn, NY 11228
Residential, Brooklyn, NY
Property Size1,240 SF
Lot Size0.05 Acres
Price / SF$1,044
Days on Market52
Property Features for 7411 11th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5B
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 3
Parking features
Garage - Detached
Interior features
Refrigerator, Stove
Basement
Finished, Full
Subdivision
Dyker Heights
Standard status
Active
Size
1,240 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8702
Building Details
Year built
1925
Number of units
2
Flooring type
Carpet, Tile, Hardwood
Building materials
Wood Frame
Roof type
Flat
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Mei Hua (Michelle) Dong · License #10401364256
(929) 688-0882
Added: Jul 20
Changed: Sep 6
Last Checked: Sep 9 at 9:06PM
MLS# 503139
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 semi-attached duplex includes a main residence with three bedrooms, one full bathroom, one half bathroom, and dedicated living and dining areas. The second unit is configured as a studio with a full bathroom. The 1,240-square-foot property was built in 1925 and features wood-frame construction, hardwood, carpet, and tile flooring, along with a refrigerator and stove. A detached garage is reached by a 9-foot shared driveway and provides parking for up to three vehicles.
The property occupies a 0.0471-acre lot measuring 20.50 by 100 feet, with building dimensions of 16 by 48 feet on the first floor and 16 by 38 feet on the second floor. It is zoned R5B and is located near shopping and dining along 13th Avenue and 86th Street, as well as public transportation, supermarkets, schools, parks, and major roadways.
The property occupies a 0.0471-acre lot measuring 20.50 by 100 feet, with building dimensions of 16 by 48 feet on the first floor and 16 by 38 feet on the second floor. It is zoned R5B and is located near shopping and dining along 13th Avenue and 86th Street, as well as public transportation, supermarkets, schools, parks, and major roadways.
Key Highlights
- Two‑unit layout with a three‑bedroom main residence and studio apartment
- 1,240 square feet on a 0.0471‑acre lot
- Detached garage with parking for up to 3 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,427
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$868,540
$868.5K
Cap Rate 7%
$620,386
$620.4K
Cap Rate 9%
$482,522
$482.5K
Market Conditions
NOI Build-Up for 1,240 SF
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.
Gross rent
$63.2K $51.00/SF
− Vacancy
−$1.2K −$0.97/SF
EGI
$62.0K $50.03/SF
− OpEx
−$18.6K −$15.01/SF
NOI
$43.4K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$868,540
Cap Rate 7%
$620,386
Cap Rate 9%
$482,522
Alternative Uses
Best Use
Multifamily LT 5
$620.4K
$542.8K – $723.8K
NOI $43,427 @ 7.0% cap · market cap 3.35%
Second Best
Apartment 5plus
$540.8K
$473.2K – $630.9K
NOI $37,856 @ 7.0% cap · market cap 2.92%
Theoretical Best
Specialty Retail
$1.03M
$898.4K – $1.20M
NOI $71,870 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,925
Businesses Nearby
Explore this area
Business Placement
Demographics for 11228, NY
45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Semi-attached configuration pairs a three-bedroom main residence with a studio unit and full bathroom.
Where is this duplex located?
The property is located at 7411 11th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Two‑unit layout with a three‑bedroom main residence and studio apartment; 1,240 square feet on a 0.0471‑acre lot; Detached garage with parking for up to 3 vehicles
