4920 7th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $29,619/month
Highlights
- Granite Flooring
- Baseboard Heating
- Back Yard
- IS 220 John J. Pershing Rated A-
About This Home
Excellent investment opportunity to own a newly built 5-family mixed-use property in the heart of Sunset Park, located on bustling 7th Avenue.
The property features five spacious 3-bedroom residential apartments plus two ground-floor storefronts, offering an attractive combination of residential and commercial income potential. The property currently generates approximately $26,200 in monthly rental income, or approximately $314,400 annually.
Located in a highly active and established section of Sunset Park, the property benefits from excellent foot traffic, strong neighborhood activity, convenient transportation, and close proximity to a wide variety of shops, restaurants, services, and amenities.
Property Details
Property Type
- Other
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back Yard
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Flooring
- Wood
- Granite
Utilities
- Baseboard Heating
- Heating System Uses Gas
- 220 Volts
Additional Features
- Finished Basement
Community Details
Overview
- 5 Units
Building Details
- Fuel Expense $1,049
- Utility Expense $1,480
- Gross Income $314,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $17,455 | $636,750 | $36,000 | $600,750 |
| 2025 | $17,457 | $544,050 | $36,000 | $508,050 |
| 2024 | $17,457 | $488,250 | $36,000 | $452,250 |
| 2023 | $16,598 | $453,150 | $36,000 | $417,150 |
| 2022 | $15,329 | $459,000 | $36,000 | $423,000 |
| 2021 | $14,231 | $423,450 | $36,000 | $387,450 |
| 2020 | $6,478 | $464,400 | $36,000 | $428,400 |
| 2019 | $13,436 | $412,020 | $36,000 | $376,020 |
| 2018 | $13,238 | $104,083 | $10,913 | $93,170 |
| 2017 | $12,258 | $96,374 | $10,708 | $85,666 |
| 2016 | $11,504 | $89,236 | $12,394 | $76,842 |
| 2015 | $3,215 | $82,626 | $13,771 | $68,855 |
| 2014 | $3,215 | $28,264 | $13,049 | $15,215 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2026 08/26/26 | For Sale | $5,080,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $990,000 | -- | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | -- | Nations Title Insurance |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $495,000 | Unknown | |
| Open | $1,000,000 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 504077
APN: 00785-0143
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