NOT LISTED FOR SALE

5014 7th Ave Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $1,869,000 - $2,100,000

9 Beds
3 Baths
2,640 Sq Ft
$764/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $1,900,000 $720 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,963/month

409 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Hot Water Heating System
  • IS 220 John J. Pershing Rated A-

About This Home

As of March 2023

Location! Location and Location!! Zoning C2 on Bay Ridge/Sunset park,7th Ave business area, 3 family house selling "As it is". This property has many potential, buyer can convert first floor to be a store front, then still have two 3bedroom apts on top of the store for additional rental income or self occupy. Prefect for small business owner or investor or anyone looking to have a house self occupy but with additional rental incomes. First floor is an apt now but with C2 zoning, it could be easily getting a permit to convert to be a store front. Close to school, train and shops. Price reduced, owner is motived to sell, send offer. Property is vacant.

Last Agent to Sell the Property

Shuang Mao Huang

Voro LLC License #10301217684 Listed on: 11/29/2021

Voro LLC

Co-Listed By

Jenny Chen

Integrity Core Realty License #10301222299

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,900

Year Built

  • Built in 1899

Lot Details

  • 1,650 Sq Ft Lot
  • Lot Dimensions are 16.5 x100
  • Two or More Common Walls

Home Design

  • Apartment
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Schools

  • JHS 220 John J Pershing Middle School
  • Franklin D Roosevelt High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 35 / 793

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,900

Year Built

Built in 1899

Lot Details

1,650 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Apartment
  • Property SubType: Multi Family
  • Year Built: 1899
  • New Construction: No
  • Attribution Contact: 877-943-8676
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Total Bedrooms: 9
  • Kitchens: 3

Exterior Features

  • Construction Materials: Brick
  • Flood Zone Date: 2021-11-29
  • Flood Zone Report: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Jhs 220 John J Pershing

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Dimensions: 16.5 x100
  • Lot Size Sq Ft: 1650.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Close Date: 2023-03-17
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 4900.00
  • Tax Block: 793
  • Tax Lot: 35

Multi Family

  • Units Total: 3
  • 1 Bedrooms: 3
  • Two Bedrooms: 3
  • Three Bedrooms: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • High School: Franklin D Roosevelt High School
  • Middle School District: Brooklyn 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Mar 15, 2023
Sold by
Lee Betty
Bought by
Zhenduan Llc
Seller's Agent
Shuang Mao Huang
Voro LLC
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$2,300,000
Sold Price
$1,900,000
Premium/Discount to List
-$400,000
-17.39%
Views
15
Current Estimated Value
$2,017,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,976
Avg. Annual Appreciation
2.02%
Original Mortgage
$1,230,000
Outstanding Balance
$1,191,315
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$826,661
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhenduan Llc $1,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhenduan Llc $1,230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $1,900,000 -9.5% $720 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
12/02/2022 12/02/22 Price Changed $2,100,000 -4.5% $795 / Sq Ft
08/02/2022 08/02/22 Price Changed $2,200,000 -4.3% $833 / Sq Ft
11/29/2021 11/29/21 For Sale $2,300,000 -- $871 / Sq Ft
Source: OneKey® MLS

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 $5,563 $105,840 $26,340 $79,500
2024 $5,563 $101,160 $26,340 $74,820
2023 $5,312 $105,360 $27,420 $77,940
2022 $4,677 $90,840 $27,420 $63,420
2021 $4,873 $99,600 $27,420 $72,180
2019 $4,827 $77,640 $27,420 $50,220
2018 $3,784 $21,795 $7,930 $13,865
2017 $3,547 $20,571 $9,401 $11,170
2016 $3,259 $19,407 $8,019 $11,388
2015 $1,902 $19,407 $11,102 $8,305
2014 $1,902 $19,233 $13,203 $6,030
Source: Public Records

Agents Affiliated with this Home

  • Shuang Mao Huang

    Seller's Agent in 2023

    Shuang Mao Huang

    Voro LLC

    (917) 488-2155

    1 in this area

    38 Total Sales

    Shuang Mao Huang
    Section Image
  • Jenny Chen

    Seller Co-Listing Agent in 2023

    Jenny Chen

    Integrity Core Realty

    (646) 642-9658

    1 in this area

    13 Total Sales

    Jenny Chen
    Section Image

  • N

    Buyer's Agent in 2023

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY3361776

OneKey® MLS

APN: 00793-0035

New York Kings County Brooklyn 11220 Sunset Park

5014 7th Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID

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