2118 W 7th Street Brooklyn, NY 11223
MULTI_FAMILY - Brooklyn, NY
Property Features for 2118 W 7th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 2
- Parking features
- Driveway
- Basement
- Full, Finished
- Standard status
- Pending
- APN
- 7119-13
- Size
- 1,000 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6217
Utilities
- Sewer type
- Public Sewer
- Heating system
- Steam, Natural Gas
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Aluminum Siding, Stucco
Listing agent Samantha Conca (718) 987-3667
Listing office Red Door Realty Group 124 Buel Avenue, STATEN ISLAND, NY (718) 987-3667
Listing date May 27, 2026
Copyright © 2026 Staten Island Board of Realtors. 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.
Key Highlights
- Legal two‑family home, currently used as a one‑family setup
- Each unit offers 2 bedrooms, with 2.5 bathrooms total
- Year built: 1930
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 | $51.0k | $51.00 |
| − Vacancy | −$969 | −$0.97 |
| EGI | $50.0k | $50.03 |
| − OpEx | −$15.0k | −$15.01 |
| NOI | $35.0k | $35.02 |
