Three-Level Duplex
For Sale
$3,798,000
7923 11th Avenue, Brooklyn, NY 11228
Residential, Duplex, Brooklyn, NY
Property Size3,428 SF
Lot Size0.08 Acres
Price / SF$1,107
Days on Market243
Property Features for 7923 11th Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4-1
Bedrooms
3
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 2, Bathroom 4, Bathroom 1, Bathroom 5, Bedroom 2, Bathroom 3, Bedroom 3
Parking features
Garage, Garage - Attached
Patio and Porch features
Porch, Deck
Interior features
Deck, Dishwasher, Laundry Area, Microwave, Porch, Washer
Basement
Full, Finished
Subdivision
Dyker Heights
Standard status
Active
Size
3,428 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
15329
Amenities
private indoor garage
10-foot-ceiling basement
expansive living and dining areas
chef's kitchen
music automation
sound insulation
radiant heating
heated sidewalk
central air conditioning
walk-in closet
office suite
landscaped garden
indoor BBQ recreation area
Building Details
Year built
2008
Floors in Building
3
Flooring type
Stone, Hardwood
Roof type
Metal
Architectural style
Other
Listing Agency:
Tiger Realty
Listed By:
Hang (Tyler) Chen
(917) 708-9966
Added: Feb 25
Changed: Oct 22
Last Checked: Oct 26 at 10:06PM
MLS# 499109
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.
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Investment Insights
Based on property information with market context.
Built in 2008, this three-level duplex residence in Dyker Heights contains 3,428 square feet with three bedrooms and four and a half bathrooms. The main living areas include expansive living and dining rooms, a chef’s kitchen, hardwood and stone flooring, integrated music automation, and sound insulation. A private attached garage and basement with 10-foot ceilings add functional space.
The second level contains all three bedrooms, including a primary suite with a walk-in closet. The top floor is configured as an office suite with a meeting room and full bathroom. Mechanical features include radiant heating throughout, seven interior heating zones, a heated sidewalk, and a 14-ton central air-conditioning system. Outdoor improvements include a landscaped garden, deck, porch, ornamental fish, and an indoor BBQ recreation area. The property is located at 7923 11th Avenue in Brooklyn, NY 11228.
The second level contains all three bedrooms, including a primary suite with a walk-in closet. The top floor is configured as an office suite with a meeting room and full bathroom. Mechanical features include radiant heating throughout, seven interior heating zones, a heated sidewalk, and a 14-ton central air-conditioning system. Outdoor improvements include a landscaped garden, deck, porch, ornamental fish, and an indoor BBQ recreation area. The property is located at 7923 11th Avenue in Brooklyn, NY 11228.
Key Highlights
- 3,428‑square‑foot duplex residence on a 0.0765‑acre lot
- Built in 2008 with three levels and three bedrooms
- Private attached indoor garage and basement with 10‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,054
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,401,080
$2.4M
Cap Rate 7%
$1,715,057
$1.7M
Cap Rate 9%
$1,333,933
$1.3M
Market Conditions
NOI Build-Up for 3,428 SF
Gross rent
$174.8K $51.00/SF
− Vacancy
−$3.3K −$0.97/SF
EGI
$171.5K $50.03/SF
− OpEx
−$51.5K −$15.01/SF
NOI
$120.1K $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 Rate 5%
$2,401,080
Cap Rate 7%
$1,715,057
Cap Rate 9%
$1,333,933
Alternative Uses
Best Use
Multifamily LT 5
$1.72M
$1.50M – $2.00M
NOI $120,054 @ 7.0% cap · market cap 3.16%
Second Best
Apartment 5plus
$1.50M
$1.31M – $1.74M
NOI $104,653 @ 7.0% cap · market cap 2.76%
Theoretical Best
Specialty Retail
$2.84M
$2.48M – $3.31M
NOI $198,687 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,986
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Brooklyn duplex with an attached garage, basement, office suite, and residential-grade interior systems.
Where is this duplex located?
The property is located at 7923 11th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,798,000.
What are key features of this property?
This property features: 3,428‑square‑foot duplex residence on a 0.0765‑acre lot; Built in 2008 with three levels and three bedrooms; Private attached indoor garage and basement with 10‑foot ceilings
