Brick Duplex with Finished
For Sale
$849,000
180 N 7th Street, Lindenhurst, NY 11757
Two separate living levels provide distinct bedroom, bathroom, living, and eat-in kitchen arrangements.
Property Size1,971 SF
Price / SF$430.75
Days on Market17
Property Features for 180 N 7th Street
General Information
Standard status
Active
Size
1,971 SF
Property subtype
Residential Income
Units
Unit Mix
3BR/2BA, 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$16,104
Amenities
First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Building Details
Building Size
1,971 SF
Year Built
1960
Buildings
1
Units
2
Construction
brick
Listing Agency:
Real Broker NY LLC
(718) 206-2820
Listed By:
Raja A. Tayeb CBR
(516) 386-2575
Source:
Croninreale
Added: Oct 9
Changed: Oct 24
Last Checked: Oct 23 at 6:01PM
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 Real Broker NY LLC
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Investment Insights
Based on property information with market context.
This 1,971-square-foot brick duplex, built in 1960, contains two distinct living spaces. The first level has three bedrooms, two full bathrooms, a living room, and an eat-in kitchen; the upper level includes two bedrooms, one full bathroom, a living room, and an eat-in kitchen. A finished basement with its own entrance adds usable interior space. The property also has a new roof and boiler, gas heating, and a hot water system.
Located at 180 N 7th Street in Lindenhurst, the home is described as close to shopping, dining, schools, parks, and transportation.
Located at 180 N 7th Street in Lindenhurst, the home is described as close to shopping, dining, schools, parks, and transportation.
Key Highlights
- Two‑family brick duplex with 1,971 square feet
- First level: 3 bedrooms, 2 full bathrooms, living room, and eat‑in kitchen
- Upper level: 2 bedrooms, 1 full bathroom, living room, and eat‑in kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,060
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$761,200
$761.2K
Cap Rate 7%
$543,714
$543.7K
Cap Rate 9%
$422,889
$422.9K
Market Conditions
NOI Build-Up for 1,971 SF
Gross rent
$57.9K $29.40/SF
− Vacancy
−$3.6K −$1.81/SF
EGI
$54.4K $27.59/SF
− OpEx
−$16.3K −$8.28/SF
NOI
$38.1K $19.31/SF
Area
Suffolk County, NY
Vacancy
6.17%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$761,200
Cap Rate 7%
$543,714
Cap Rate 9%
$422,889
Alternative Uses
Best Use
Multifamily LT 5
$543.7K
$475.8K – $634.3K
NOI $38,060 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$500.4K
$437.9K – $583.8K
NOI $35,030 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$600.5K
$525.4K – $700.5K
NOI $42,032 @ 7.0% cap · market cap 4.95%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
Explore this area
Business Placement
Demographics for 11757, NY
45,157
Population
15,212
Households
3
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
6.8 sq mi
ZIP Area
6,641
Density / Sq Mi
$128,081
Median Household Income
$56,059
Median Earnings
$2,091
Median Rent
$479,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living levels provide distinct bedroom, bathroom, living, and eat-in kitchen arrangements.
Where is this duplex located?
The property is located at 180 N 7th Street Lindenhurst, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Two‑family brick duplex with 1,971 square feet; First level: 3 bedrooms, 2 full bathrooms, living room, and eat‑in kitchen; Upper level: 2 bedrooms, 1 full bathroom, living room, and eat‑in kitchen
