Detached Duplex With
New
For Sale
$1,495,000
7111 19th Avenue, Brooklyn, NY 11204
MULTI_FAMILY - Brooklyn, NY
Property Size1,872 SF
Lot Size0.06 Acres
Price / SF$798.61
Days on Market6
Property Features for 7111 19th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
Patio and Porch features
Porch
Interior features
Porch, Refrigerator
Basement
Unfinished
Subdivision
Bensonhurst
Standard status
Active
Size
1,872 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
9645
Building Details
Year built
1925
Floors in Building
2
Flooring type
Hardwood, Ceramic, Laminate
Building materials
Wood Frame
Roof type
Shingle
Listing Agency:
Grandeur Realty, Inc.
(917) 810-3870
Listed By:
Wai-Fan (Jimmy) Lu
(917) 810-3870
Added: Aug 6
Changed: Aug 10
Last Checked: Aug 11 at 10:06PM
MLS# 503606
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.
Located at 7111 19th Avenue in Brooklyn, this fully detached duplex contains 1,872 square feet and was built in 1925. The two-family configuration includes five bedrooms and two bathrooms, with ceramic, hardwood, and laminate flooring, a porch, refrigerator, wood-frame construction, and a shingle roof. A private driveway and detached two-car garage provide off-street parking.
The property is near the 18th Avenue shopping and dining corridor, local shops, restaurants, supermarkets, parks, and schools. Transit access includes the N train along with the B4 and B8 bus routes. The property carries R5 zoning and is situated in Bensonhurst, Brooklyn.
The property is near the 18th Avenue shopping and dining corridor, local shops, restaurants, supermarkets, parks, and schools. Transit access includes the N train along with the B4 and B8 bus routes. The property carries R5 zoning and is situated in Bensonhurst, Brooklyn.
Key Highlights
- Fully detached two‑family home at 7111 19th Avenue, Brooklyn, NY 11204
- 1,872 square feet on a 0.0622‑acre lot
- Five bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$65,561
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,311,220
$1.3M
Cap Rate 7%
$936,586
$936.6K
Cap Rate 9%
$728,456
$728.5K
Market Conditions
NOI Build-Up for 1,872 SF
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.
Gross rent
$95.5K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$93.7K $50.03/SF
− OpEx
−$28.1K −$15.01/SF
NOI
$65.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,311,220
Cap Rate 7%
$936,586
Cap Rate 9%
$728,456
Alternative Uses
Best Use
Multifamily LT 5
$936.6K
$819.5K – $1.09M
NOI $65,561 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$816.4K
$714.4K – $952.5K
NOI $57,150 @ 7.0% cap · market cap 3.82%
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M
NOI $108,501 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,120
Businesses Nearby
Explore this area
Business Placement
Demographics for 11204, NY
85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - R5-zoned two-family property with a private driveway, off-street parking, and separate garage access.
Where is this duplex located?
The property is located at 7111 19th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Fully detached two‑family home at 7111 19th Avenue, Brooklyn, NY 11204; 1,872 square feet on a 0.0622‑acre lot; Five bedrooms and two bathrooms
