Two-Family Brick
For Sale
$1,090,000
2135 W 7th St, Brooklyn, NY 11223
Two residential units offer separate bedroom and bathroom layouts, with a finished basement and rear parking.
Property Size1,004 SF
Days on Market13
Property Features for 2135 W 7th St
General Information
Standard status
Active
Size
1,004 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$6,654
Building Details
Building Size
1,004 SF
Year Built
1925
Stories
2
Listing Agency:
Tiger Realty
Listed By:
Yan Mei (Jamie) Zheng
(917) 708-9966
Source:
Elliman
Added: Sep 29
Last Checked: Oct 9 at 9:38PM
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 Tiger Realty
Investment Insights
Based on property information with market context.
This brick duplex at 2135 W 7th St contains two residential units. The first-floor layout measures approximately 16 by 55 feet and has three bedrooms and one full bathroom; the upper unit measures approximately 16 by 35 feet, with two bedrooms and one full bathroom. A finished basement adds space for storage or recreation, and the property includes one backyard parking space accessed by a community driveway.
The property is near the N train at Avenue U Station, with shopping, restaurants, schools, and other neighborhood services nearby. Built in 1925, the home occupies a 16-by-100-foot lot in Brooklyn.
The property is near the N train at Avenue U Station, with shopping, restaurants, schools, and other neighborhood services nearby. Built in 1925, the home occupies a 16-by-100-foot lot in Brooklyn.
Key Highlights
- Brick two‑family property with three bedrooms and one full bathroom on the first floor
- Upper unit has two bedrooms and one full bathroom
- Finished basement provides additional interior space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,162
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,240
$703.2K
Cap Rate 7%
$502,314
$502.3K
Cap Rate 9%
$390,689
$390.7K
Market Conditions
NOI Build-Up for 1,004 SF
Gross rent
$51.2K $51.00/SF
− Vacancy
−$973 −$0.97/SF
EGI
$50.2K $50.03/SF
− OpEx
−$15.1K −$15.01/SF
NOI
$35.2K $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 Rate 5%
$703,240
Cap Rate 7%
$502,314
Cap Rate 9%
$390,689
Alternative Uses
Best Use
Multifamily LT 5
$502.3K
$439.5K – $586.0K
NOI $35,162 @ 7.0% cap · market cap 3.23%
Second Best
Apartment 5plus
$437.9K
$383.1K – $510.9K
NOI $30,651 @ 7.0% cap · market cap 2.81%
Theoretical Best
Specialty Retail
$831.3K
$727.4K – $969.9K
NOI $58,192 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,242
Businesses Nearby
Explore this area
Business Placement
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate bedroom and bathroom layouts, with a finished basement and rear parking.
Where is this duplex located?
The property is located at 2135 W 7th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: Brick two‑family property with three bedrooms and one full bathroom on the first floor; Upper unit has two bedrooms and one full bathroom; Finished basement provides additional interior space
