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Gut-Renovated Legal Two-Family Duplex
For Sale
Under Contract
$1,388,000

7029 Perry Ter, Brooklyn, NY 11209

MULTI_FAMILY - Brooklyn, NY

Property SizeContact for details
Lot Size0.04 Acres
Days on Market472

Property Features for 7029 Perry Ter

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1
Subdivision Bay Ridge
Standard status Active Under Contract
Lot size 0.04 Acres

Utilities

Heating system Hot Water(Heating), Natural Gas, Steam

Building Details

Year built 1925
Floors in Building 2
Flooring type Hardwood, Tile
Building materials Brick
Roof type Flat
Listing Agency: REMAX REAL ESTATE PROFESSIONALS
Listed By: Vito Angelo · License #40AN0957928
Added: May 8, 2025 Changed: Aug 4 Last Checked: Aug 22 at 11:06AM
MLS# 11492805

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.

This gut-renovated legal two-family duplex features a well-designed layout with two bedrooms over two bedrooms, along with a fully finished basement. Updates include sleek kitchens, stylish bathrooms, pristine flooring, upgraded plumbing, and an efficient heating system. Flooring includes tile and hardwood, and the home is heated with steam and hot water systems using natural gas.

Constructed with brick and built in 1925, the property has a flat roof. Community parking is available with three designated spaces, adding convenience for daily use.

Set on a 0.044-acre lot, the duplex includes multiple bedrooms and bathrooms arranged across both levels, making it suitable for owners seeking flexibility while keeping the units legally established.

Key Highlights

  • 0.044‑acre lot for this legal two‑family duplex
  • Built in 1925 with brick construction and a flat roof
  • Two bedrooms over two bedrooms plus a fully finished basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Hotel & Motel Gym & Fitness Center Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,584
Businesses Nearby

Demographics for 11209, NY

73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family home with two bedrooms over two bedrooms, a finished basement, and community parking with three designated spaces.
Where is this duplex located?
The property is located at 7029 Perry Ter Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: 0.044‑acre lot for this legal two‑family duplex; Built in 1925 with brick construction and a flat roof; Two bedrooms over two bedrooms plus a fully finished basement
More about this property
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