5308 7th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $16,583/month
Highlights
- Wood Flooring
- Baseboard Heating
- 4-minute walk to Rainbow Playground
- IS 220 John J. Pershing Rated A-
- Back Yard
About This Home
A RARE Opportunity to acquire this 3-Family property in the highly sought-after 7th Avenue, heart of Sunset Park! The property features 3 three bedrooms apartments with separate heat and hot water. The prime location offers convenient access to public transportation. Surrounded by a vibrant mix of businesses and amenities. Excellent opportunity for investors and developers to redevelopment or repositioning!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,874
Lot Details
- 1,700 Sq Ft Lot
- Lot Dimensions are 100 x 17
- Back Yard
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Utilities
- Baseboard Heating
- Heating System Uses Gas
- 110 Volts
Additional Features
- Wood Flooring
- 6 Full Bathrooms
- Unfinished Basement
Listing and Financial Details
- Tax Block 817
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $3,000
- 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 | $6,901 | $90,960 | $27,360 | $63,600 |
| 2024 | $6,901 | $88,140 | $27,360 | $60,780 |
| 2023 | $6,585 | $90,180 | $27,360 | $62,820 |
| 2022 | $6,108 | $74,040 | $27,360 | $46,680 |
| 2021 | $6,077 | $77,520 | $27,360 | $50,160 |
| 2020 | $3,020 | $74,220 | $27,360 | $46,860 |
| 2019 | $5,990 | $82,080 | $27,360 | $54,720 |
| 2018 | $5,508 | $27,021 | $8,616 | $18,405 |
| 2017 | $5,198 | $25,497 | $9,279 | $16,218 |
| 2016 | $4,811 | $24,064 | $10,531 | $13,533 |
| 2015 | $2,901 | $24,058 | $12,014 | $12,044 |
| 2014 | $2,901 | $23,860 | $11,944 | $11,916 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2026 04/09/26 | For Sale | $2,999,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,330,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $633,000 | Purchase Money Mortgage |
Source: Brooklyn Board of REALTORS®
MLS Number: 500359
APN: 00817-0139
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