8421 7th Avenue, Brooklyn, NY 11228
MULTI_FAMILY - Brooklyn, NY
- Added:
- Apr 27, 2026
- Days on Market:
- 64
- Last Refresh:
- Jun 29 at 3:06 am
Property Features for 8421 7th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Basement, Bedroom 3, Bedroom 1
- Parking features
- On Street
- Basement
- Full, Finished
- Standard status
- Active
- APN
- 06029-0003
- Size
- 2,470 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9774
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1926
- Number of units
- 2
- Building materials
- Brick
Listing agent Huanyan Li (347) 885-8668
Listing office Prospes Real Estate Corp 198-08 33RD Ave Back Office, Flushing, NY (718) 321-2800
Listing date Apr 27, 2026
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use building with 1F storefront plus a full basement and a private backyard
- 2nd‑floor residential unit offers 4 bedrooms and 2 bathrooms with a large living room and oversized balcony
- Approx. 19.58 ft x 65 ft building size (about 2,470 SF interior) on a 19.42 ft x 86.08 ft lot
- Brick construction with baseboard heating and wall/window or window unit cooling
- Utilities include public water and public sewer
- Zoned R5B / C2‑3 with reported low annual taxes of $9,774.08
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $192.1k | $77.76 |
| − Vacancy | −$22.9k | −$9.25 |
| EGI | $169.2k | $68.51 |
| − OpEx | −$50.8k | −$20.55 |
| NOI | $118.4k | $47.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.020524
- Latitude
- 40.619302
