Two-Family Brick Home with
2618 E 7 STREET Brooklyn, NY 11235
MULTI_FAMILY - Brooklyn, NY
Property size:
1,809 SFLot size:
0.05 AcresPrice / SF:
$490/SF- Added:
- Mar 30, 2026
- Days on Market:
- 103
- Last Refresh:
- Jul 10 at 6:06 pm
Property Features for 2618 E 7 STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2, Laundry Room, Bedroom 3
- Interior features
- Entrance Foyer, Master Downstairs
- Standard status
- Active
- Size
- 1,809 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7989
Utilities
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Flooring type
- Tile, Hardwood
Listing agent Svetlana Borovskiy License #49BO1171893
Listing office HIGH CLASS REALTY SB LLC 1247 AVENUE Y, BROOKLYN, NY (718) 333-0700
Listing date Mar 30, 2026
MLS# 11682806
Listing URL
Copyright © 2026 My State MLS. 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.
A spacious two-family brick home offers a functional, separate layout for each unit. The property features large rooms, high ceilings, and hardwood floors throughout. Each unit has its own kitchen and living space, with the second floor arranged around a foyer that leads to a bright living area with east-facing windows. The second-floor configuration includes two king-sized bedrooms with ample closet space, a dining area off the kitchen, and a bathroom with skylight, tub, and shower. The first floor includes a king-sized primary bedroom, dedicated laundry area, and direct access to the outdoor space. Both units share access to a large backyard, which can be reached from the first floor and also supports independent day-to-day use.
Located in Sheepshead Bay on a quiet, tree-lined block, the home is close to shops, dining, and waterfront attractions. Public transportation is available within walking distance, including the Q and B trains at Sheepshead Bay Station on the Brighton Line and the F train at Avenue X Station. Bus routes in the area include B4, B36, B49, and BM3, providing connections throughout Brooklyn and beyond. The property also includes a private parking space.
This setup can work well for an owner-occupant seeking a separate first- and second-floor arrangement, or for an investor looking for a two-unit brick residence with independent living spaces. With outdoor access tied to both units and off-street parking included, it offers practical day-to-day features for long-term tenants.
Located in Sheepshead Bay on a quiet, tree-lined block, the home is close to shops, dining, and waterfront attractions. Public transportation is available within walking distance, including the Q and B trains at Sheepshead Bay Station on the Brighton Line and the F train at Avenue X Station. Bus routes in the area include B4, B36, B49, and BM3, providing connections throughout Brooklyn and beyond. The property also includes a private parking space.
This setup can work well for an owner-occupant seeking a separate first- and second-floor arrangement, or for an investor looking for a two-unit brick residence with independent living spaces. With outdoor access tied to both units and off-street parking included, it offers practical day-to-day features for long-term tenants.
Key Highlights
- Spacious 22' x 47' brick two‑family home with large rooms and high ceilings
- Master bedroom on the first floor plus three total bedrooms listed across the home
- Second‑floor unit features east‑facing windows, separate kitchen with dining area, and bathroom with skylight
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 | $92.3k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $90.5k | $50.03 |
| − OpEx | −$27.2k | −$15.01 |
| NOI | $63.4k | $35.02 |
1,809 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$905.1K
$791.9K – $1.06M
NOI $63,354 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$789.0K
$690.3K – $920.5K
NOI $55,227 @ 7.0% cap · market cap 6.22%
Theoretical Best
Specialty Retail
$1.50M
$1.31M – $1.75M
NOI $104,850 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Spacious two-family residence with private parking, separate units, large rooms, and outdoor access from both floors.
Where is this duplex located?
The property is located at 2618 E 7 STREET Brooklyn, NY.
What is the asking price?
The asking price for this property is $888,000.
What are key features of this property?
This property features: Spacious 22' x 47' brick two‑family home with large rooms and high ceilings; Master bedroom on the first floor plus three total bedrooms listed across the home; Second‑floor unit features east‑facing windows, separate kitchen with dining area, and bathroom with skylight
