Residential Income Property with
For Sale
$650,000
852 E 7th Street 7D, Brooklyn, NY 11230
Top-floor condo offers one bedroom, one bathroom, elevator access, and private outdoor living.
Property Size771 SF
Price / SF$843.06
Days on Market23
Property Features for 852 E 7th Street 7D
General Information
Standard status
Active
Size
771 SF
Property subtype
Apartment
Taxes and HOA fees
Annual Taxes
$8,911
Amenities
elevator
pet-friendly
full-time superintendent
Building Details
Building Size
771 SF
Year Built
1931
Tenancy
Single
Listing Agency:
Compass
Listed By:
Jennifer A Lafferty
(917) 474-1189
Source:
Carlinwright
Added: Sep 17
Changed: Oct 5
Last Checked: Oct 7 at 5:57PM
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 Compass
Investment Insights
Based on property information with market context.
This top-floor, one-bedroom, one-bathroom condominium combines an open living area with high ceilings, hardwood floors, and eastern exposure. The kitchen includes stainless-steel appliances, granite countertops, generous cabinetry, and ample counter space. Sliding glass doors connect the living room to more than 600 square feet of private outdoor space. The bedroom accommodates a king-size bed and additional office or seating area, while the bathroom includes a deep soaking tub. A full-size washer and dryer, central HVAC, and extensive closet storage add practical functionality.
The elevator building includes a full-time superintendent, indoor parking, and pet-friendly policies. The property is near the B, Q, and F subway lines, with cafes, shopping, and dining nearby. Views extend across Brooklyn toward Manhattan, with multiple terrace exposures providing sunset sightlines.
The elevator building includes a full-time superintendent, indoor parking, and pet-friendly policies. The property is near the B, Q, and F subway lines, with cafes, shopping, and dining nearby. Views extend across Brooklyn toward Manhattan, with multiple terrace exposures providing sunset sightlines.
Key Highlights
- Private outdoor space exceeding 600 square feet
- Top‑floor one‑bedroom, one‑bathroom condominium
- Open kitchen with granite countertops and stainless‑steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,538
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,760
$470.8K
Cap Rate 7%
$336,257
$336.3K
Cap Rate 9%
$261,533
$261.5K
Market Conditions
NOI Build-Up for 771 SF
Gross rent
$43.7K $56.64/SF
− Vacancy
−$873 −$1.13/SF
EGI
$42.8K $55.51/SF
− OpEx
−$19.3K −$24.98/SF
NOI
$23.5K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,760
Cap Rate 7%
$336,257
Cap Rate 9%
$261,533
Alternative Uses
Best Use
Apartment 5plus
$336.3K
$294.2K – $392.3K
NOI $23,538 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$638.4K
$558.6K – $744.8K
NOI $44,687 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,456
Businesses Nearby
Explore this area
Business Placement
Demographics for 11230, NY
91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Top-floor condo offers one bedroom, one bathroom, elevator access, and private outdoor living.
Where is this residential income property located?
The property is located at 852 E 7th Street 7D Brooklyn, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Private outdoor space exceeding 600 square feet; Top‑floor one‑bedroom, one‑bathroom condominium; Open kitchen with granite countertops and stainless‑steel appliances
