Detached One-Family
2504 E 7th Street Brooklyn, NY 11235
For Sale
$1,600,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,512 SF
Lot Size0.03 Acres
Price / SF$1,058
Days on Market70
Property Features for 2504 E 7th Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R4
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1
- Patio and Porch features
- Deck
- Interior features
- Deck, Laundry Area, Microwave, Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,512 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6334
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Flooring type
- Tile, Hardwood
- Architectural style
- Other
Listing Agency:
RE/MAX Edge
(718) 612-3088
Listed By:
Michelle J. Zhang · License #MZ4172
(718) 612-3088
Added: May 18
Changed: May 22
Last Checked: Jul 26 at 8:06PM
MLS# 501557
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.
This fully detached one-family home is presented with a maintained interior and an inviting open layout on the main level, including a spacious living and dining area, high ceilings, and tile flooring. The first floor also includes a modern kitchen, a convenient half bathroom, and access to a front deck area.
The upper level provides three bedrooms and a full bathroom. The fully finished basement offers additional flexibility with a separate side entrance and rear access, along with a full bathroom, a dedicated laundry area, and a spacious family room.
The property is located in Brooklyn, NY 11235, and is listed under R4 zoning.
The upper level provides three bedrooms and a full bathroom. The fully finished basement offers additional flexibility with a separate side entrance and rear access, along with a full bathroom, a dedicated laundry area, and a spacious family room.
The property is located in Brooklyn, NY 11235, and is listed under R4 zoning.
Key Highlights
- Fully detached one‑family home in Brooklyn’s Avenue Y neighborhood
- Year built: 1925; hardwood and tile flooring throughout
- Front deck and an open living/dining layout with high ceilings and chandeliers
Financial Insights For Apartment 5plus
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 | $85.6k | $56.64 |
| − Vacancy | −$1.7k | −$1.13 |
| EGI | $83.9k | $55.51 |
| − OpEx | −$37.8k | −$24.98 |
| NOI | $46.2k | $30.53 |
1,512 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$659.4K
$577.0K – $769.3K
NOI $46,160 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.25M
$1.10M – $1.46M
NOI $87,636 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Detached one-family residence with a finished basement, separate side entrance, and rear access, plus an upper level with three bedrooms.
Where is this single family property located?
The property is located at 2504 E 7th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Fully detached one‑family home in Brooklyn’s Avenue Y neighborhood; Year built: 1925; hardwood and tile flooring throughout; Front deck and an open living/dining layout with high ceilings and chandeliers
