Corner Duplex with Detached
For Sale
$1,699,000
8225 7th Avenue, Brooklyn, NY 11228
Residential, Duplex, Brooklyn, NY
Property Size1,376 SF
Lot Size0.04 Acres
Price / SF$1,234
Days on Market51
Property Features for 8225 7th Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R5B
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 1
Parking features
Garage - Detached
Patio and Porch features
Deck, Patio
Interior features
Deck, Dishwasher, Microwave, Patio Garden, Refrigerator, Stove
Basement
Full, Finished
Subdivision
Dyker Heights
Standard status
Active
Size
1,376 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
8381
Amenities
fireplace
rooftop terrace
security camera system
landscaped gardens
waterfall
backyard
low-voltage exterior and garden lighting
Building Details
Year built
1910
Floors in Building
2
Flooring type
Hardwood, Tile
Building materials
Wood Frame
Roof type
Flat, Asphalt
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Jason Zhou · License #JZ1320
(347) 988-5318
Added: Aug 12
Changed: Sep 16
Last Checked: Oct 1 at 3:06PM
MLS# 503730
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 1,376-square-foot duplex, built in 1910, occupies a 0.0435-acre corner lot in Brooklyn. The interior includes hardwood and tile flooring, an open living and dining area with fireplace, an eat-in kitchen with granite surfaces, stainless steel appliances, two cook stoves, dishwasher, microwave, refrigerator, and stove. Three bedrooms and three bathrooms are complemented by a finished basement with separate entrance, recreation room, bonus room, and full bathroom.
Outdoor improvements include front and side gardens, a tiled backyard, patio, deck, rooftop terrace, and detached garage. Additional features include a new 80-gallon water heater, security camera system, exterior and garden lighting, and asphalt and flat roofing. The property is near shopping and dining along 13th Ave, schools, parks, Dyker Beach Golf Course, and multiple bus lines. R5B zoning applies.
Outdoor improvements include front and side gardens, a tiled backyard, patio, deck, rooftop terrace, and detached garage. Additional features include a new 80-gallon water heater, security camera system, exterior and garden lighting, and asphalt and flat roofing. The property is near shopping and dining along 13th Ave, schools, parks, Dyker Beach Golf Course, and multiple bus lines. R5B zoning applies.
Key Highlights
- 1,376‑square‑foot duplex on a 0.0435‑acre corner lot
- Three bedrooms and three bathrooms
- Finished basement with separate entrance, recreation room, bonus room, and full bathroom
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
$48,190
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
2.84%
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%
$963,800
$963.8K
Cap Rate 7%
$688,429
$688.4K
Cap Rate 9%
$535,444
$535.4K
Market Conditions
NOI Build-Up for 1,376 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
$70.2K $51.00/SF
− Vacancy
−$1.3K −$0.97/SF
EGI
$68.8K $50.03/SF
− OpEx
−$20.7K −$15.01/SF
NOI
$48.2K $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%
$963,800
Cap Rate 7%
$688,429
Cap Rate 9%
$535,444
Alternative Uses
Best Use
Multifamily LT 5
$688.4K
$602.4K – $803.2K
NOI $48,190 @ 7.0% cap · market cap 2.84%
Second Best
Apartment 5plus
$600.1K
$525.1K – $700.1K
NOI $42,008 @ 7.0% cap · market cap 2.47%
Theoretical Best
Specialty Retail
$1.14M
$996.9K – $1.33M
NOI $79,753 @ 7.0% cap · market cap 4.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,648
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
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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?
Duplex - Well-maintained duplex with finished lower-level space, outdoor areas, and access to shopping, dining, parks, and transit.
Where is this duplex located?
The property is located at 8225 7th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: 1,376‑square‑foot duplex on a 0.0435‑acre corner lot; Three bedrooms and three bathrooms; Finished basement with separate entrance, recreation room, bonus room, and full bathroom
