Brick Two-Family
For Sale
$888,000
Pending
2618 E 7 STREET, Brooklyn, NY 11235
Residential Income, Brooklyn, NY
Property Size1,809 SF
Lot Size0.05 Acres
Days on Market212
Property Features for 2618 E 7 STREET
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
Interior features
Entrance Foyer, Master Downstairs
Subdivision
Gravesend
Standard status
Pending
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
Amenities
large backyard
hardwood floors
high ceilings
skylight
laundry area
Building Details
Year built
1930
Floors in Building
2
Flooring type
Hardwood, Tile
Buildings
1
Listing Agency:
HIGH CLASS REALTY SB LLC
(718) 333-0700
Listed By:
Svetlana Borovskiy
Added: Mar 30
Changed: Oct 27
Last Checked: Oct 27 at 11:06AM
MLS# 11682806
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.
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Investment Insights
Based on property information with market context.
This 1930 brick duplex contains 1,809 square feet within a 0.0505-acre lot. The two-family layout provides distinct living arrangements, including a second-floor residence with an entry foyer, east-facing windows, two bedrooms, a separate kitchen with dining area, hardwood floors, and a bathroom with a skylight, tub, and shower. The first-floor unit includes a kitchen, living room, primary bedroom, laundry area, and direct entry to the backyard. A private parking space and large rear yard add practical outdoor amenities, with access from both units. Natural gas heating and public water service are in place.
The property is located at 2618 E 7 STREET in Brooklyn, NY 11235, within Sheepshead Bay. Shops, dining, waterfront attractions, and public transportation are nearby. Walking-distance transit includes Q and B service at Sheepshead Bay Station on the Brighton Line and F service at Avenue X Station, along with B4, B36, B49, and BM3 bus routes.
The property is located at 2618 E 7 STREET in Brooklyn, NY 11235, within Sheepshead Bay. Shops, dining, waterfront attractions, and public transportation are nearby. Walking-distance transit includes Q and B service at Sheepshead Bay Station on the Brighton Line and F service at Avenue X Station, along with B4, B36, B49, and BM3 bus routes.
Key Highlights
- 1,809‑square‑foot two‑family duplex on a 0.0505‑acre lot
- 1930 brick construction with two separate living arrangements
- Private parking space and large backyard accessible from both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,354
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,267,080
$1.3M
Cap Rate 7%
$905,057
$905.1K
Cap Rate 9%
$703,933
$703.9K
Market Conditions
NOI Build-Up for 1,809 SF
Gross rent
$92.3K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$90.5K $50.03/SF
− OpEx
−$27.2K −$15.01/SF
NOI
$63.4K $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%
$1,267,080
Cap Rate 7%
$905,057
Cap Rate 9%
$703,933
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 authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,776
Businesses Nearby
Explore this area
Business Placement
Demographics for 11235, NY
88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
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 arrangements feature private parking, backyard access, hardwood floors, and dedicated laundry space.
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: 1,809‑square‑foot two‑family duplex on a 0.0505‑acre lot; 1930 brick construction with two separate living arrangements; Private parking space and large backyard accessible from both units
