Detached Ranch
For Sale
$1,178,000
7519 Avenue X, Brooklyn, NY 11234
Residential, Ranch, Brooklyn, NY
Property Size1,800 SF
Lot Size0.09 Acres
Price / SF$654.44
Days on Market102
Property Features for 7519 Avenue X
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
r3-1
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 6
Interior features
Laundry Area, Microwave, Refrigerator, Stove
Basement
Finished
Subdivision
Bergen Beach
Standard status
Active
Size
1,800 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
10752
Amenities
gated side yard
private parking
Building Details
Year built
1965
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Ceramic
Building materials
Brick, Wood Frame
Architectural style
Ranch
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Barbara Horan
(718) 612-3088
Added: Jul 6
Changed: Oct 13
Last Checked: Oct 15 at 12:06AM
MLS# 502827
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.
This detached two-family residence combines brick and wood-frame construction with a ranch-style design. The property contains 1,800 square feet on a 0.0918-acre corner lot measuring 40 by 100 feet. The main dwelling includes three bedrooms, one bath, and hardwood flooring, while the upper level provides a one-bedroom apartment. A finished basement adds two bedrooms and a bath. Interior features include a laundry area, microwave, refrigerator, and stove, with hardwood and ceramic flooring throughout the residence.
Built in 1965, the property is located in Brooklyn’s Bergen Beach area and is zoned R3-1. A gated side yard provides outdoor space, and the site includes private parking. The property is offered as-is and requires TLC, with working mechanical systems noted in the property information.
Built in 1965, the property is located in Brooklyn’s Bergen Beach area and is zoned R3-1. A gated side yard provides outdoor space, and the site includes private parking. The property is offered as-is and requires TLC, with working mechanical systems noted in the property information.
Key Highlights
- Two‑family detached residence with brick and wood‑frame construction
- 1,800 square feet on a 0.0918‑acre corner lot measuring 40 by 100 feet
- Three‑bedroom main dwelling plus a one‑bedroom upper apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,039
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,780
$1.3M
Cap Rate 7%
$900,557
$900.6K
Cap Rate 9%
$700,433
$700.4K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$91.8K $51.00/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$90.1K $50.03/SF
− OpEx
−$27.0K −$15.01/SF
NOI
$63.0K $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%
$1,260,780
Cap Rate 7%
$900,557
Cap Rate 9%
$700,433
Alternative Uses
Best Use
Multifamily LT 5
$900.6K
$788.0K – $1.05M
NOI $63,039 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$785.0K
$686.9K – $915.9K
NOI $54,952 @ 7.0% cap · market cap 4.66%
Theoretical Best
Specialty Retail
$1.49M
$1.30M – $1.74M
NOI $104,328 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
290
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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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family configuration includes a one-bedroom upper apartment and a finished lower level with additional bedrooms and a bath.
Where is this duplex located?
The property is located at 7519 Avenue X Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,178,000.
What are key features of this property?
This property features: Two‑family detached residence with brick and wood‑frame construction; 1,800 square feet on a 0.0918‑acre corner lot measuring 40 by 100 feet; Three‑bedroom main dwelling plus a one‑bedroom upper apartment
