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Renovated Two-Family in Dyker Heights

200 Bay 7th St Brooklyn, NY 11228

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

Newly renovated two-family property with rental and living options.

Property Size2,000 SF
Price / SF$775
AddedApr 28
Days on Market80
Last RefreshJul 14 at 8:17 pm

Property Features for 200 Bay 7th St

General Information

Standard status
Active
Size
2,000 SF
Property subtype
Multi Family

Building Details

Year Built
1935

Listing office ROBERT DEFALCO REALTY , INC.

Listing date Apr 28, 2026

Source Elliman

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 ROBERT DEFALCO REALTY , INC.


Investment Insights

Based on property information with market context.

This is a newly renovated, semi-detached two-family property located in Dyker Heights. Each floor provides approximately 1,000 square feet of living space, configured as a three-bedroom, one-bathroom layout over a three-bedroom, one-bathroom layout, plus a finished basement. The property features a low-maintenance, paved backyard suitable for gatherings. Convenient commuting is facilitated by proximity to the Belt Parkway and the express bus. The Dyker Beach Golf Course is nearby. The property is suitable for rental potential, multi-generational living, or an owner's duplex with income.

Key Highlights

  • Newly renovated 2‑family home in prime Dyker Heights.
  • Each floor features a spacious 3‑bed/1‑bath layout (approximately 1,000 sq/ft per floor).
  • Finished basement adds extra living space.

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 $102.0k $51.00
− Vacancy −$1.9k −$0.97
EGI $100.1k $50.03
− OpEx −$30.0k −$15.01
NOI $70.0k $35.02
2,000 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.00M
$875.5K – $1.17M (±1% cap)
NOI $70,043 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$872.3K
$763.2K – $1.02M (±1% cap)
NOI $61,058 @ 7.0% cap · market cap 3.94%
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M (±1% cap)
NOI $115,920 @ 7.0% cap · market cap 7.48%
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 property with rental and living options.
Where is this duplex located?
The property is located at 200 Bay 7th St 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: Newly renovated 2‑family home in prime Dyker Heights.; Each floor features a spacious 3‑bed/1‑bath layout (approximately 1,000 sq/ft per floor).; Finished basement adds extra living space.
Contact an agent
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