Bensonhurst Co-op
For Sale
$295,000
Pending
7913 Bay Pkwy D7, Brooklyn, NY 11214
Converted 2-bedroom co-op with low maintenance fees in Brooklyn.
Property Size630 SF
Days on Market316
Property Features for 7913 Bay Pkwy D7
General Information
Standard status
Pending
Size
630 SF
Property subtype
Residential
Building Details
Building Size
630 SF
Year Built
1931
Units
31
Listed By:
ChuChu(Tina) Chen
(718) 612-3088
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 6
Last Checked: Oct 9 at 11:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ChuChu(Tina) Chen
Investment Insights
Based on property information with market context.
This co-op apartment is located in Bensonhurst. The unit is a converted 1-bedroom, now configured as a 2-bedroom apartment. The property benefits from abundant natural sunlight. The monthly maintenance fee is $540, which covers heat, water, gas, and taxes. Transportation options include proximity to the N train Bay Parkway stations, with B6 and B82 bus stops located right outside the building. The location offers convenient access to shopping areas, public schools, parks, and postal services. Pets are allowed, and subletting is permitted, both subject to board approval.
Key Highlights
- Converted 2‑bedroom unit in prime Bensonhurst
- Low $540 monthly maintenance fee covering heat, water, gas, and taxes
- Convenient access to N train and multiple bus lines (B6, B82)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,400
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,000
$308.0K
Cap Rate 7%
$220,000
$220.0K
Cap Rate 9%
$171,111
$171.1K
Market Conditions
NOI Build-Up for 630 SF
Gross rent
$29.1K $46.20/SF
− Vacancy
−$1.1K −$1.76/SF
EGI
$28.0K $44.44/SF
− OpEx
−$12.6K −$20.00/SF
NOI
$15.4K $24.44/SF
Area
ZIP 11214
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,000
Cap Rate 7%
$220,000
Cap Rate 9%
$171,111
Alternative Uses
Best Use
Apartment 5plus
$220.0K
$192.5K – $256.7K
NOI $15,400 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$367.5K
$321.6K – $428.8K
NOI $25,726 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,603
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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?
Apartment building - Converted 2-bedroom co-op with low maintenance fees in Brooklyn.
Where is this apartment building located?
The property is located at 7913 Bay Pkwy D7 Brooklyn, NY.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Converted 2‑bedroom unit in prime Bensonhurst; Low $540 monthly maintenance fee covering heat, water, gas, and taxes; Convenient access to N train and multiple bus lines (B6, B82)
