5308 7th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $16,914/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
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 | $6,958 | $94,680 | $27,360 | $67,320 |
| 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
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 |
|---|---|---|---|---|
| 04/09/2026 04/09/26 | For Sale | $2,999,000 | -- | -- |
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 | $1,330,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $633,000 | Purchase Money Mortgage | |
| Previous Owner | $167,073 | No Value Available | |
| Closed | $72,750 | No Value Available | |
| Previous Owner | $160,244 | No Value Available |
Source: Brooklyn Board of REALTORS®
MLS Number: 500359
APN: 00817-0139
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Ask me questions while you tour the home.