Brick One-Family Home with
For Sale
$1,280,000
7620 11th Avenue, Brooklyn, NY 11228
SINGLE_FAMILY - Brooklyn, NY
Property Size1,344 SF
Lot Size0.03 Acres
Price / SF$952.38
Days on Market20
Property Features for 7620 11th Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4-1
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Rooms
Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2
Parking features
Garage
Interior features
A/C Unit
Basement
Finished
Subdivision
Bensonhurst
Standard status
Active
Size
1,344 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
8484
Amenities
storage space
laundry room
automatic garage door
community driveway garage
Building Details
Year built
1930
Floors in Building
2
Flooring type
Hardwood
Roof type
Rubber
Architectural style
Other
Listing Agency:
E House Realty & Mgt. Inc.
(718) 680-2776
Listed By:
PeiJun (Kingsley)Chen
(718) 680-2776
Added: Jul 28
Changed: Aug 3
Last Checked: Aug 16 at 10:06PM
MLS# 503364
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.
Brick one-family home in the Dyker Heights area features a first floor with a living room, dining room, and eat-in kitchen. The second floor offers three bedrooms and a bathroom. The basement is semi-finished and includes plenty of storage, a laundry room, and a separate entrance from the front of the house. Updates described in the property remarks include renovations completed about six years ago, with a six-year-old HVAC system, a tankless water heater, a new boiler, a new dishwasher, new flooring, and a newly updated full bathroom. Additional features include an automatic garage door, access for the community driveway garage to the basement, and the seller indicates that furniture and appliances will stay.
The property is zoned R4-1 and is described as convenient to shopping and local schools. Public transportation is noted with Bus B4 only minutes away at Bay Ridge Parkway, with the ability to transfer from the B4 to a D train subway station.
Overall, the home’s layout supports comfortable living space on the main and upper levels, with added utility and flexibility provided by the semi-finished basement and its separate entrance.
The property is zoned R4-1 and is described as convenient to shopping and local schools. Public transportation is noted with Bus B4 only minutes away at Bay Ridge Parkway, with the ability to transfer from the B4 to a D train subway station.
Overall, the home’s layout supports comfortable living space on the main and upper levels, with added utility and flexibility provided by the semi-finished basement and its separate entrance.
Key Highlights
- Brick one‑family home in the Dyker Heights area built in 1930
- 6 years ago renovations include new HVAC, tankless water heater, boiler, dishwasher, new floors, and a new full bathroom
- First floor layout includes living room, dining room, and eat‑in kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,031
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$820,620
$820.6K
Cap Rate 7%
$586,157
$586.2K
Cap Rate 9%
$455,900
$455.9K
Market Conditions
NOI Build-Up for 1,344 SF
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.
Gross rent
$76.1K $56.64/SF
− Vacancy
−$1.5K −$1.13/SF
EGI
$74.6K $55.51/SF
− OpEx
−$33.6K −$24.98/SF
NOI
$41.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$820,620
Cap Rate 7%
$586,157
Cap Rate 9%
$455,900
Alternative Uses
Best Use
Apartment 5plus
$586.2K
$512.9K – $683.9K
NOI $41,031 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.11M
$973.7K – $1.30M
NOI $77,898 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,925
Businesses Nearby
Explore this area
Business Placement
Demographics for 11228, NY
45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Brick one-family home with a semi-finished basement, separate entrance, and updated mechanicals and finishes.
Where is this single family property located?
The property is located at 7620 11th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Brick one‑family home in the Dyker Heights area built in 1930; 6 years ago renovations include new HVAC, tankless water heater, boiler, dishwasher, new floors, and a new full bathroom; First floor layout includes living room, dining room, and eat‑in kitchen
