Corner Single-Family
7320 Avenue T Brooklyn, NY 11234
7320 Avenue T, Brooklyn, NY, 11234
$989,000
For Sale
$989,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,732 SF
Lot Size0.08 Acres
Price / SF$571.02
Days on Market61
Property Features for 7320 Avenue T
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R3
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 3
- Patio and Porch features
- Patio, Porch
- Interior features
- A/C Unit - Wall, Central Air, Dishwasher, Dryer, Laundry Area, Microwave, Patio Garden, Porch, Refrigerator, Stove, Washer, Window Treatments
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,732 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8542
Building Details
- Year built
- 1960
- Flooring type
- Ceramic, Marble, Parquet Wood
- Roof type
- Flat
- Architectural style
- Other
Listing Agency
Tree of Life Realty & Mgmt LLC
(646) 710-0602
3 Cove Lane #1A, Brooklyn, NY
Listed by
Larisa Elchananov
(646) 710-0602
Added: May 18 Checked: Jul 17 at 6:06 pm
MLS# 501477
Listing URL
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Investment Insights
Based on property information with market context.
Welcome to this move-in ready one-family corner property on an oversized corner lot at 7320 Avenue T in Bergen Beach, Brooklyn. The home offers three spacious bedrooms, a custom-designed kitchen, and a full finished basement that has been freshly painted and is ready for immediate use. Outside, the backyard has been recently tiled, creating a maintained outdoor space for everyday enjoyment.
Set on a quiet, suburban-style block, the property is positioned for convenient access to schools, parks, shopping, restaurants, and transportation, as described in the remarks.
According to the listing, this home is the first time on the market in over 30 years and has been meticulously maintained. The lot size is noted as 0.0823 acres, with a total property size of 1,732 square feet.
Set on a quiet, suburban-style block, the property is positioned for convenient access to schools, parks, shopping, restaurants, and transportation, as described in the remarks.
According to the listing, this home is the first time on the market in over 30 years and has been meticulously maintained. The lot size is noted as 0.0823 acres, with a total property size of 1,732 square feet.
Key Highlights
- Oversized corner lot home in Bergen Beach, Brooklyn
- 3 bedrooms with multiple bathrooms (Bathroom 1, 2, and 3)
- Custom‑designed kitchen with dishwasher, microwave, refrigerator, and stove
Local Financial Insights For Apartment 5plus
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 | $98.1k | $56.64 |
| − Vacancy | −$2.0k | −$1.13 |
| EGI | $96.1k | $55.51 |
| − OpEx | −$43.3k | −$24.98 |
| NOI | $52.9k | $30.53 |
1,732 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$755.4K
$661.0K – $881.3K
NOI $52,876 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,387 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Move-in ready corner home with three bedrooms, a custom kitchen, and a fully finished, freshly painted basement.
Where is this single family property located?
The property is located at 7320 Avenue T Brooklyn, NY.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Oversized corner lot home in Bergen Beach, Brooklyn; 3 bedrooms with multiple bathrooms (Bathroom 1, 2, and 3); Custom‑designed kitchen with dishwasher, microwave, refrigerator, and stove
