Renovated Duplex with Private
For Sale
$950,000
7209 Avenue U, Brooklyn, NY 11234
Residential, Duplex, Brooklyn, NY
Property Size1,250 SF
Lot Size0.05 Acres
Price / SF$760
Days on Market138
Property Features for 7209 Avenue U
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
3
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1
Interior features
A/C Unit - Wall, Refrigerator, Stove
Basement
Finished
Subdivision
Bergen Beach
Standard status
Active
Size
1,250 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
5496
Amenities
central air and heat
private backyard
detached shed
pull-down attic access
Building Details
Year built
1960
Floors in Building
2
Flooring type
Marble
Building materials
Block
Architectural style
Other
Listing Agency:
Coldwell Banker LaBarca
Listed By:
Michael McGuire
(718) 258-1222
Added: Jun 3
Changed: Oct 17
Last Checked: Oct 18 at 12:06AM
MLS# 501963
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.
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Investment Insights
Based on property information with market context.
This renovated duplex at 7209 Avenue U in Brooklyn offers 1,250 square feet of finished living area on a 0.0505-acre lot. The three-bedroom, three-bathroom layout includes a living and family room, formal dining area, modern kitchen, half bath, finished basement, and pull-down attic access. Central air conditioning and heat serve all floors. Interior finishes include granite flooring on the first level, marble in the basement, and wood parquet upstairs.
The property also includes a private driveway, backyard, detached shed, and direct outdoor access from both the kitchen and basement. Built in 1960 and constructed with block materials, the home is located near neighborhood shopping, dining, parks, schools, and transportation. R3-1 zoning applies.
The property also includes a private driveway, backyard, detached shed, and direct outdoor access from both the kitchen and basement. Built in 1960 and constructed with block materials, the home is located near neighborhood shopping, dining, parks, schools, and transportation. R3-1 zoning applies.
Key Highlights
- Three‑bedroom, three‑bathroom duplex with 1,250 square feet of property size
- Finished basement with recreation room, 3/4 bath, and backyard access
- Private driveway, backyard, and detached shed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,777
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$875,540
$875.5K
Cap Rate 7%
$625,386
$625.4K
Cap Rate 9%
$486,411
$486.4K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$63.8K $51.00/SF
− Vacancy
−$1.2K −$0.97/SF
EGI
$62.5K $50.03/SF
− OpEx
−$18.8K −$15.01/SF
NOI
$43.8K $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%
$875,540
Cap Rate 7%
$625,386
Cap Rate 9%
$486,411
Alternative Uses
Best Use
Multifamily LT 5
$625.4K
$547.2K – $729.6K
NOI $43,777 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$545.2K
$477.0K – $636.0K
NOI $38,161 @ 7.0% cap · market cap 4.02%
Theoretical Best
Specialty Retail
$1.04M
$905.6K – $1.21M
NOI $72,450 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
737
Businesses Nearby
Explore this area
Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
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 - Three-bedroom layout includes finished lower-level space and direct access to a private backyard.
Where is this duplex located?
The property is located at 7209 Avenue U Brooklyn, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Three‑bedroom, three‑bathroom duplex with 1,250 square feet of property size; Finished basement with recreation room, 3/4 bath, and backyard access; Private driveway, backyard, and detached shed
