4916 7th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $14,958/month
Highlights
- Wood Flooring
- Multiple cooling system units
- Back Yard
- IS 220 John J. Pershing Rated A
- Heating System Uses Steam
About This Home
Welcome to this 3-family brick with basement, perfectly situated in the heart of Sunset Park! The property sits on a 20×100 lot with a 20×55 building footprint. Zoned R7A/C2-4 with a FAR of 4.0, it offers over 8,000 buildable SF and the potential for up to 8 stories (subject to DOB/zoning approval). The first floor features an extra-high ceiling, ideal for retail or creative conversion, further enhancing its valuable mixed-use income potential. Delivered vacant with an ultra-low property tax of only $8,150/year. A rare opportunity to own, invest, or redevelop in one of Brooklyn’s most vibrant and sought-after corridors—just minutes from shopping, dining, and the subway!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,150
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Poured Concrete
Interior Spaces
- 3,300 Sq Ft Home
- 3-Story Property
- Stove
Flooring
- Wood
- Tile
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Oil
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 785
Community Details
Overview
- 3 Units
Building Details
- Fuel Expense $1,800
- Insurance Expense $3,000
- Utility Expense $600
- Gross Income $90,000
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 | $7,663 | $100,320 | $33,480 | $66,840 |
| 2024 | $7,663 | $105,840 | $33,480 | $72,360 |
| 2023 | $7,514 | $105,840 | $33,480 | $72,360 |
| 2022 | $6,945 | $86,640 | $33,480 | $53,160 |
| 2021 | $7,077 | $92,700 | $33,480 | $59,220 |
| 2020 | $5,295 | $100,080 | $33,480 | $66,600 |
| 2019 | $6,602 | $91,560 | $33,480 | $58,080 |
| 2018 | $6,225 | $31,999 | $12,238 | $19,761 |
| 2017 | $5,855 | $30,190 | $15,541 | $14,649 |
| 2016 | $5,527 | $29,196 | $14,328 | $14,868 |
| 2015 | $3,435 | $29,112 | $12,065 | $17,047 |
| 2014 | $3,435 | $27,469 | $12,682 | $14,787 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | For Sale | $2,680,000 | -- | $812 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 495575
APN: 00785-0042
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