Seaview Village Two-Family
10567 Flatlands 7th St Brooklyn, NY 11236
10567 Flatlands 7th St, Brooklyn, NY, 11236
$1,100,000
For Sale
$1,100,000
Desirable Seaview Village two-family home on Flatlands 7th Street.
Property Size1,130 SF
Lot Size0.10 Acres
Price / SF$973.45
Days on Market128
Property Features for 10567 Flatlands 7th St
General Information
- Standard status
- Active
- Size
- 1,130 SF
- Lot size
- 0.10 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1960
Listing Agency
Brooklyn Real Property Inc.
(718) 713-6888
Listed by
Jean Paul Ho
(718) 713-6888
Source
Elliman
Added: Mar 12 Checked: Jul 17 at 3:24 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brooklyn Real Property Inc.
Investment Insights
Based on property information with market context.
Located in Seaview Village on Flatlands 7th Street, this two-family Waxman split-level home is a fully detached property. Constructed in 1960, the building measures 22.42 ft x 50.42 ft and is situated on a lot measuring 41.67 ft x 100 ft. The property is located on a tree-lined street.
Key Highlights
- Rare 2‑Family Waxman Split‑Level Home
- Located in desirable Seaview Village
- Situated on prestigious, tree‑lined Flatland's 7th Street
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 | $57.6k | $51.00 |
| − Vacancy | −$1.1k | −$0.97 |
| EGI | $56.5k | $50.03 |
| − OpEx | −$17.0k | −$15.01 |
| NOI | $39.6k | $35.02 |
1,130 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$565.4K
$494.7K – $659.6K
NOI $39,575 @ 7.0% cap · market cap 3.60%
Second Best
Apartment 5plus
$492.8K
$431.2K – $575.0K
NOI $34,498 @ 7.0% cap · market cap 3.14%
Theoretical Best
Specialty Retail
$935.6K
$818.7K – $1.09M
NOI $65,495 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Desirable Seaview Village two-family home on Flatlands 7th Street.
Where is this duplex located?
The property is located at 10567 Flatlands 7th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Rare 2‑Family Waxman Split‑Level Home; Located in desirable Seaview Village; Situated on prestigious, tree‑lined Flatland's 7th Street
