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Duplex Property with Finished Basement
For Sale
$939,000

7320 Avenue T, Brooklyn, NY 11234

Residential, Duplex, Brooklyn, NY

Property Size1,732 SF
Lot Size0.08 Acres
Price / SF$542.15
Days on Market163

Property Features for 7320 Avenue T

General Information

Property type Residential
Property subtype Duplex
Zoning R3
Bedrooms 3
Bathrooms 3
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3
Patio and Porch features Porch, Patio
Interior features A/C Unit - Wall, Central Air, Dishwasher, Dryer, Laundry Area, Microwave, Patio Garden, Porch, Refrigerator, Stove, Washer, Window Treatments
Basement Finished, Full
Subdivision Bergen Beach
Standard status Active
Size 1,732 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 8542

Amenities

custom-designed kitchen
full finished basement
beautifully maintained backyard

Building Details

Year built 1960
Flooring type Marble, Ceramic, Parquet Wood
Roof type Flat
Architectural style Other
Listing Agency: Tree of Life Realty & Mgmt LLC
Listed By: Larisa Elchananov
Added: May 18 Changed: Oct 25 Last Checked: Oct 27 at 12:06AM
MLS# 501477

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 duplex property occupies a 0.0823-acre corner lot and provides 1,732 square feet of residential space. The layout includes 3 bedrooms and 3 bathrooms, along with a custom kitchen, full finished basement, central air, wall A/C, and a dedicated laundry area. Interior finishes include parquet wood, ceramic, and marble flooring. A tiled patio and porch extend the usable space outdoors, while the flat roof and 1960 construction date add to the property's physical profile.

Located in Brooklyn's Bergen Beach area, the property is on a quiet residential block near schools, parks, shopping, restaurants, and transportation. The home is within the 11234 postal area and is zoned R3. Additional features include a dishwasher, refrigerator, stove, microwave, washer, and dryer.

Key Highlights

  • Duplex property with 1,732 square feet of space
  • 0.0823‑acre corner lot in Brooklyn, NY 11234
  • 3 bedrooms and 3 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,876
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,057,520 $1.1M
Cap Rate 7%
$755,371 $755.4K
Cap Rate 9%
$587,511 $587.5K
Market Conditions
NOI Build-Up for 1,732 SF
Gross rent
$98.1K $56.64/SF
− Vacancy
−$2.0K −$1.13/SF
EGI
$96.1K $55.51/SF
− OpEx
−$43.3K −$24.98/SF
NOI
$52.9K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,057,520
Cap Rate 7%
$755,371
Cap Rate 9%
$587,511

Alternative Uses

Best Use
Apartment 5plus
$755.4K
$661.0K – $881.3K (±1% cap)
NOI $52,876 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,387 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,239
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Single family property - Corner-lot residential property with a custom kitchen, finished lower level, outdoor patio, and porch.
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 $939,000.
What are key features of this property?
This property features: Duplex property with 1,732 square feet of space; 0.0823‑acre corner lot in Brooklyn, NY 11234; 3 bedrooms and 3 bathrooms
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