Wood-Frame Duplex with Rear
New
For Sale
$1,199,900
7919 10th Avenue, Brooklyn, NY 11228
Residential, Duplex, Brooklyn, NY
Property Size1,401 SF
Lot Size0.06 Acres
Price / SF$856.46
Days on Market6
Property Features for 7919 10th Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4-1
Bedrooms
3
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3
Basement
Full, Unfinished
Subdivision
Dyker Heights
Standard status
Active
Size
1,401 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
8189
Building Details
Year built
1925
Floors in Building
2
Building materials
Wood Frame
Architectural style
Other
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Emily Hui Chen-Liang · License #HTL8672
(718) 256-4000
Added: Sep 16
Changed: Sep 20
Last Checked: Sep 21 at 6:06PM
MLS# 504622
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 wood-frame duplex was built in 1925 and contains 1,401 square feet. The building measures approximately 22 feet by 40 feet and occupies a 29-foot by 96-foot lot totaling 0.0639 acres. A rear garage and access to a shared driveway add practical site functionality, while R4-1 zoning supports the property’s residential classification.
The property is located at 7919 10th Avenue in Brooklyn’s 11228 ZIP code. Nearby destinations include St. Ephrem Roman Catholic Church and St. Ephrem Catholic Academy, Dyker Heights Intermediate School, William McKinley, St. Bernadette School, Dyker Beach Golf Course, neighborhood parks, shopping, dining, and public transportation. Express buses, subway service, and major highways provide connections to Manhattan and surrounding areas.
The property is located at 7919 10th Avenue in Brooklyn’s 11228 ZIP code. Nearby destinations include St. Ephrem Roman Catholic Church and St. Ephrem Catholic Academy, Dyker Heights Intermediate School, William McKinley, St. Bernadette School, Dyker Beach Golf Course, neighborhood parks, shopping, dining, and public transportation. Express buses, subway service, and major highways provide connections to Manhattan and surrounding areas.
Key Highlights
- 1,401‑square‑foot duplex built in 1925
- 29‑foot by 96‑foot lot totaling 0.0639 acres
- Approximately 22‑foot by 40‑foot building
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
$49,065
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
4.09%
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%
$981,300
$981.3K
Cap Rate 7%
$700,929
$700.9K
Cap Rate 9%
$545,167
$545.2K
Market Conditions
NOI Build-Up for 1,401 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
$71.5K $51.00/SF
− Vacancy
−$1.4K −$0.97/SF
EGI
$70.1K $50.03/SF
− OpEx
−$21.0K −$15.01/SF
NOI
$49.1K $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 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%
$981,300
Cap Rate 7%
$700,929
Cap Rate 9%
$545,167
Alternative Uses
Best Use
Multifamily LT 5
$700.9K
$613.3K – $817.8K
NOI $49,065 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$611.0K
$534.6K – $712.9K
NOI $42,771 @ 7.0% cap · market cap 3.56%
Theoretical Best
Specialty Retail
$1.16M
$1.02M – $1.35M
NOI $81,202 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,986
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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Wood-frame duplex with a rear garage, shared driveway access, and R4-1 zoning in Brooklyn.
Where is this duplex located?
The property is located at 7919 10th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,900.
What are key features of this property?
This property features: 1,401‑square‑foot duplex built in 1925; 29‑foot by 96‑foot lot totaling 0.0639 acres; Approximately 22‑foot by 40‑foot building
