Detached Brick Duplex with
For Sale
$1,800,000
7530 Narrows Avenue, Brooklyn, NY 11209
Residential, Brooklyn, NY
Property Size2,310 SF
Lot Size0.08 Acres
Price / SF$779.22
Days on Market263
Property Features for 7530 Narrows Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4A
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 2
Parking features
Garage - Detached
Patio and Porch features
Porch
Interior features
Porch, Refrigerator, Stove
Basement
Full
Subdivision
Bay Ridge
Standard status
Active
Size
2,310 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
15185
Amenities
jacuzzi
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Flooring type
Tile, Hardwood, Marble, Quartz, Granite
Building materials
Brick
Listing Agency:
Brooklyn Real Property Inc.
(718) 875-8899
Listed By:
Jean P Ho · License #JPH8888
(718) 713-6888
Added: Jan 20
Changed: Oct 10
Last Checked: Oct 10 at 11:06AM
MLS# 498522
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 brick duplex, built in 1925, contains 2,310 square feet and is arranged as two residential units. The first level includes a living room, formal dining room, primary bedroom, bathroom, and open kitchen; the former two-bedroom configuration can be restored. The upper unit offers three bedrooms, a bathroom, open kitchen, pantry, and finished attic space. A finished basement adds a family room, full bathroom, jacuzzi, storage, and separate entry. Interior features include marble, hardwood, quartz, granite, and tile flooring, along with a porch, refrigerator, and stove.
The property occupies a 32-foot by 109.75-foot lot and includes a detached three-car garage. Improvements include updated wiring, replacement windows, a newer gas hot-water system, split HVAC with a new compressor, and renovation work completed in 2007. The roof is 8 years old. Transit access includes the R train, local buses, and water taxi service, with Belt Parkway and the Verrazano route nearby. Additional building space of 1,194 square feet is available within a building footprint measuring 21.33 feet by 51 feet.
The property occupies a 32-foot by 109.75-foot lot and includes a detached three-car garage. Improvements include updated wiring, replacement windows, a newer gas hot-water system, split HVAC with a new compressor, and renovation work completed in 2007. The roof is 8 years old. Transit access includes the R train, local buses, and water taxi service, with Belt Parkway and the Verrazano route nearby. Additional building space of 1,194 square feet is available within a building footprint measuring 21.33 feet by 51 feet.
Key Highlights
- Detached brick duplex with 2,310 square feet and two residential units
- Three‑car detached garage on a 32‑foot by 109.75‑foot lot
- Finished basement with full bathroom, jacuzzi, family room, storage, and separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,900
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,618,000
$1.6M
Cap Rate 7%
$1,155,714
$1.2M
Cap Rate 9%
$898,889
$898.9K
Market Conditions
NOI Build-Up for 2,310 SF
Gross rent
$117.8K $51.00/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$115.6K $50.03/SF
− OpEx
−$34.7K −$15.01/SF
NOI
$80.9K $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%
$1,618,000
Cap Rate 7%
$1,155,714
Cap Rate 9%
$898,889
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.01M – $1.35M
NOI $80,900 @ 7.0% cap · market cap 4.49%
Second Best
Apartment 5plus
$1.01M
$881.5K – $1.18M
NOI $70,522 @ 7.0% cap · market cap 3.92%
Theoretical Best
Specialty Retail
$1.91M
$1.67M – $2.23M
NOI $133,888 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,355
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
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 - Renovated two-family residence with finished basement, separate entrances, and transit access.
Where is this duplex located?
The property is located at 7530 Narrows Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Detached brick duplex with 2,310 square feet and two residential units; Three‑car detached garage on a 32‑foot by 109.75‑foot lot; Finished basement with full bathroom, jacuzzi, family room, storage, and separate entrance
