NOT LISTED FOR SALE

5413 7th Ave Brooklyn, NY 11220

Sunset Park Neighborhood
-- Bed
-- Bath
54,162 Sq Ft
0.4 Acres

Last Sold February 17, 2021

Last sale price $11,800,000 $218 Per Sq Ft

10 Days on Market

Highlights

  • 0.4 Acre Lot
  • Heating System Uses Steam
  • 3-minute walk to Rainbow Playground
  • IS 220 John J. Pershing Rated A-

About This Home

As of February 2021

20015RM: Great Investment Opportunity! TWO buildings for sale in prime locale - Sunset Park, Bklyn, being sold together as ONE unit. Offered at a 4.9 cap rate, which includes 1 cell site, 4 stores + 68 units. Description: 2 THREE bedroom units w/full bath; 53 ONE bedroom units w/full bath; 13 TWO bedroom units w/full bath. Conveniently located to all - shopping & transportation! 2nd building: 702 54th St is adj to 5413 7th Ave building. Financials upon request.

Last Agent to Sell the Property

Nicholas Misciagna

Robert DeFalco Realty, Inc. Listed on: 10/06/2020

Co-Listed By

Rosalin Birnbaum

Robert DeFalco Realty, Inc. License #10401247985

Last Buyer's Agent

Malic Klobucista

Safari Realty License #10401286223

Safari Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $125,517

Year Built

  • Built in 1911

Lot Details

  • 0.4 Acre Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 54,162 Sq Ft Home
  • 4-Story Property

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 110 Volts
  • Individual Gas Meter

Community Details

  • 68 Units

Listing and Financial Details

  • Legal Lot and Block 0002 / 00826
  • Assessor Parcel Number 00826-0002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$125,517

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Sub Type: 9+F
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4
  • Lot Size: 54162
  • Co List Office Mls Id: o06101
  • Directions: 7th Avenue bet 54th & 55th Street
  • New Construction: No
  • Building Stories: 4
  • Year Built Details: Approx
  • Year Built: 1911
  • General Property Info:Public Remarks3: 20015RM: Great Investment Opportunity! TWO buildings for sale in prime locale - Sunset Park, Bklyn, being sold together as ONE unit. Offered at a 4.9 cap rate, which includes 1 cell site, 4 stores + 68 units. Description: 2 THREE bedroom units w/full bath; 53 ONE bedroom units w/full bath; 13 TWO bedroom units w/full bath. Conveniently located to all - shopping & transportation! 2nd building: 702 54th St is adj to 5413 7th Ave building. Financials upon request.
  • ContractLocation Information:List PriceSqFt2: 286.18
  • General Property Info:Tax Abated: No
  • General Property Info:Irregular: Yes
  • General Property Info:Condition: Good
  • General Property Info:Year Built Info: Approx
  • General Property Info:Rent Stabilized Number Units: 68.0
  • Extras:Superintendent_squote_s Apt: Yes
  • Special Features: None
  • Stories: 4
  • Year Built: 1911

Interior Features

  • General Property Info:Stories2: 4.0
  • General Property Info:Basement Type: Partial
  • General Property Info Basement Desc: Unfinished

Exterior Features

  • Construction Type: Brick
  • Siding:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking:On Street: Yes
  • Garage Location:None4: Yes

Utilities

  • Green Building Features: Superintendent's Apt
  • Cooling Y N: No
  • Heating: Steam, Natural Gas, Oil
  • Heating Yn: Yes
  • Electric: 110
  • Sewer: City
  • General Property Info:No of Heating Units: 4.0
  • General Property Info:Air Conditioner: None
  • Sewer:City3: Yes
  • Heat Source:Gas2: Yes
  • Heat System:Steam: Yes
  • Electric Meters:Individual: Yes
  • Gas Meters:Individual2: Yes
  • Heat Source:Oil: Yes
  • General Property Info Cooling: No

Lot Info

  • Lot Size Sq Ft: 17500.0
  • Lot Size Units: Square Feet
  • Parcel #: 00826-0002
  • Zoning: R7-A
  • ResoLotSizeUnits: SquareFeet
  • General Property Info:Lot Size SqFt: 17500.0
  • General Property Info:Lot Dim: 175x178

Multi Family

  • Number Of Units Total: 68

Tax Info

  • Tax Annual Amount: 125517.0
  • Tax Block: 00826
  • Tax Lot: 0002
  • General Property Info:Taxes2: 125517.0

Range of Values:

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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2021 02/17/21 Sold $11,800,000 0.0% $218 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
10/06/2020 10/06/20 For Sale $11,800,000 -- $218 / Sq Ft
Source: Staten Island Multiple Listing Service

Tax History Compared to Growth

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 $77,986 $795,600 $59,400 $736,200
2024 $77,986 $785,250 $59,400 $725,850
2023 $69,543 $639,000 $59,400 $579,600
2022 $65,276 $640,800 $59,400 $581,400
2021 $60,759 $516,600 $59,400 $457,200
2020 $28,933 $537,300 $59,400 $477,900
2019 $56,921 $500,850 $59,400 $441,450
2018 $56,262 $472,050 $59,400 $412,650
2017 $55,175 $459,900 $59,400 $400,500
2016 $52,027 $432,900 $59,400 $373,500
2015 $19,691 $430,650 $59,400 $371,250
2014 $19,691 $416,250 $59,400 $356,850
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nicholas Misciagna

    Robert DeFalco Realty, Inc.

  • R

    Seller Co-Listing Agent in 2021

    Rosalin Birnbaum

    Robert DeFalco Realty, Inc.

  • M

    Buyer's Agent in 2021

    Malic Klobucista

    Safari Realty

    (973) 296-9498

    1 in this area

    28 Total Sales

    Malic Klobucista
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Map

Source: Staten Island Multiple Listing Service

MLS Number: 1134809

Staten Island Multiple Listing Service
New York Kings County Brooklyn 11220 Sunset Park

5413 7th Ave, Brooklyn, NY

Not Listed for Sale

MultiFamily

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