$1,380,000

Estimated payment $7,522/month

Total Views 111
8 Beds
4 Baths
1,670 Sq Ft
$826 Price per Sq Ft

Highlights

  • Very Popular Property
  • Intercom to Front Desk
  • Rooftop Deck
  • IS 220 John J. Pershing Rated A
  • Penthouse
  • Deck

About This Home

8 bedrooms 4 bathrooms Penthouse condo unit on 7th Ave and 50th Street, in Prime Sunset Park. Excellent condition, total 1,670 sq.ft. for top 2 floors, elevator building, built in 2008, 8 more years of tax abatement. Common charge $613/month, Tax $38/year. In-unit washer/dryer. Lots of outdoor space, huge balconies and rooftop decks for plants/flowers and BBQ. 2 parking spaces available for rent for $280/month each. $7,000 monthly rental income for the Penthouse unit. Great for own use or investment. Near shopping and restaurants. Hurry before it's gone.

Listing Agent

Phoebe Burger

Ben Bay Realty Co Listed on: 08/20/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38

Year Built

  • Built in 2008

Lot Details

  • Sprinkler System
  • Garden

Home Design

  • 1,670 Sq Ft Home
  • Penthouse

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Terrace
  • Porch

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas

Additional Features

  • Stove
  • Handicap Accessible

Listing and Financial Details

  • Tax Block 793
  • Property eligible for a tax abatement

Community Details

Overview

  • 36 Units
  • Association Phone (718) 854-0777
  • 5008 7Th Ave Condo
  • Property managed by Bayshine Management

Amenities

  • Rooftop Deck
  • Laundry Facilities
  • Intercom to Front Desk
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$38

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Additional Fee Includes: Air Conditioning, Parking, Washer/Dryer
  • Total Bathrooms: 4.00
  • Baths Total Level1: 4.00
  • Beds Total Level1: 8
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: 50th Street
  • Cross Street Name2: 51st Street
  • Down Payment Required: 20
  • Fee Includes Assessment Y N: No
  • Handicap Access Y N U: Yes
  • Heat Delivery: Hot Water
  • Maintenance Common Fee: 613.00
  • Parking Attributes: 2 Spaces, Garage
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: A/C Unit, Deck, Dryer, Elevator, Garage Door Opener(s), Laundry Area, Patio Garden, Porch, Refrigerator, Stove, Terrace, Washer
  • Rooms Total Level1: 10
  • Fill Sq Ft Total: 1670
  • Street Name I D X: 7th
  • Street Number I D X: 5008
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Hardwood, Tile
  • Entry Floor: 6
  • Room Count: 14
  • Total Rooms: 10
  • Basement Type: Penthouse

Exterior Features

  • Exterior Building Type: Semi-Detached
  • Lot Number: 1037

Utilities

  • Air Conditioning Units: 5+
  • Heating Fuel: Gas
  • Utilities: Sewer, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: Bayshine Management
  • Manager Phone: 718-854-0777
  • Units In Building: 36

Lot Info

  • Building Project Name: 5008 7th Ave Condo

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 38.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $38 $58,453 $2,981 $55,472
2024 $38 $57,656 $2,981 $54,675
2023 $37 $56,927 $2,981 $53,946
2022 $37 $55,796 $2,981 $52,815
2021 $37 $48,033 $2,981 $45,052
2020 $37 $55,971 $2,981 $52,990
2019 $38 $55,431 $2,981 $52,450
2018 $39 $51,543 $2,981 $48,562
2017 $39 $49,910 $2,981 $46,929
2016 $39 $45,711 $2,981 $42,730
2015 $31 $42,120 $2,981 $39,139
2014 $31 $39,960 $2,981 $36,979
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $1,380,000 -- $826 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $670,000 --
Deed $430,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $740,000 Stand Alone Refi Refinance Of Original Loan
Closed $469,000 Purchase Money Mortgage
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 495193

Brooklyn Board of REALTORS®

APN: 00793-1037