$5,800,000

Estimated payment $31,383/month

Total Views 841
-- Bed
-- Bath
4,000 Sq Ft
$1,450 Price per Sq Ft

Highlights

  • Tile Flooring
  • Hot Water Heating System
  • 3-minute walk to Rainbow Playground
  • IS 220 John J. Pershing Rated A-
  • Back Yard

About This Home

5402 7th Ave – Well-maintained 1-store + 2-family corner property situated on a 20x80 lot with a 20x60 building footprint. The property features two spacious 3-bedroom apartments, offering comfortable layouts with ample natural light and ventilation. Excellent corner location provides added privacy, accessibility, and strong curb appeal. Ideal for end-users or investors seeking solid rental potential in a desirable neighborhood.

Listing Agent

Hang Chen

RE/MAX Real Estate Professionals License #10401288321 Listed on: 05/13/2026

RE/MAX Real Estate Professionals

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,222

Year Built

  • Built in 1920

Lot Details

  • 1,614 Sq Ft Lot
  • Lot Dimensions are 80 x 20
  • Back Yard
  • Property is zoned R7A

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4,000 Sq Ft Home
  • 3-Story Property
  • Tile Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 825

Community Details

Overview

  • 2 Units

Building Details

  • Fuel Expense $3,800
  • Insurance Expense $6,124
  • Utility Expense $2,700
  • Gross Income $174,000

Property Details

Property Type

Other

Est. Annual Taxes

$7,222

Year Built

Built in 1920

Lot Details

1,614 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 60.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 54th St
  • Cross Street Name2: 55th St
  • Heat Delivery: Hot Water
  • Number Of Families: 2
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 4000
  • Building Stories: 3
  • Street Name I D X: 7th
  • Year Built: 1920
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Other
  • Lot Sq Ft: 1614

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick, Other
  • Foundation Details: Poured Concrete
  • Lot Number: 40
  • Roof: Flat

Utilities

  • Electric: Other
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3800.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 20
  • Zoning: R7A

Multi Family

  • Annual Gross Expense: 21646.00
  • Annual Gross Income: 174000
  • Insurance Expense: 6124.00
  • Unit Count: 3
  • Annual Utility Expenses: 2700.00

Tax Info

  • Flip Tax Amount: 7222.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,294 $539,550 $36,450 $503,100
2025 $6,754 $449,550 $36,450 $413,100
2024 $6,754 $378,540 $36,450 $342,090
2023 $6,137 $315,450 $36,450 $279,000
2022 $5,667 $319,950 $36,450 $283,500
2021 $5,682 $338,355 $36,450 $301,905
2020 $2,707 $328,500 $36,450 $292,050
2019 $5,241 $273,780 $36,450 $237,330
2018 $4,894 $38,481 $6,148 $32,333
2017 $4,532 $35,631 $6,025 $29,606
2016 $6,456 $32,992 $16,556 $16,436
2015 $3,744 $32,048 $17,574 $14,474
2014 $3,744 $31,795 $20,926 $10,869
Source: Public Records

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
05/13/2026 05/13/26 For Sale $5,800,000 -- $1,450 / Sq Ft
Source: Brooklyn Board of REALTORS®

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
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $175,000 --
Warranty Deed $175,000 --
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 501399

Brooklyn Board of REALTORS®

APN: 00825-0040

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