4605 7th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $10,618/month
Highlights
- Baseboard Heating
- I.S. 223 The Montauk Rated A-
- Back Yard
About This Home
Exclusive offering at 4605 7th Avenue, a well-positioned mixed-use building in the heart of Brooklyn. This property features one ground-floor commercial storefront plus two residential units, making it an ideal income-producing asset. Situated on an R7A-zoned lot, the property presents significant upside potential for future development or expansion (consult architect). Whether you’re an investor seeking stable rental income or a developer looking to maximize buildable square footage, this property offers flexibility and long-term value. Conveniently located near transportation, shopping, and neighborhood amenities, this is a rare opportunity to acquire a versatile asset in a high-demand Brooklyn corridor.”
Property Details
Property Type
- Other
Est. Annual Taxes
- $7,300
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 80 x 20
- Back Yard
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
Utilities
- Baseboard Heating
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Additional Features
- Partially Finished Basement
Community Details
- Fuel Expense $3,865
- Insurance Expense $3,756
- Utility Expense $120
- Gross Income $82,464
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,331 | $95,640 | $26,580 | $69,060 |
| 2024 | $7,331 | $88,620 | $26,580 | $62,040 |
| 2023 | $6,993 | $108,720 | $26,580 | $82,140 |
| 2022 | $6,755 | $99,540 | $26,580 | $72,960 |
| 2021 | $6,869 | $96,960 | $26,580 | $70,380 |
| 2019 | $6,363 | $86,100 | $26,580 | $59,520 |
| 2018 | $5,850 | $28,696 | $9,003 | $19,693 |
| 2017 | $5,749 | $28,200 | $9,775 | $18,425 |
| 2016 | $5,437 | $27,199 | $11,790 | $15,409 |
| 2015 | $2,989 | $25,677 | $13,907 | $11,770 |
| 2014 | $2,989 | $25,348 | $14,256 | $11,092 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/19/2026 04/19/26 | For Sale | $1,888,000 | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 500647
APN: 00759-0009
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