5515 7th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $28,121/month
Highlights
- Wood Flooring
- Back and Side Yard
- 5-minute walk to Rainbow Playground
- P.S. 105 The Blythebourne Rated A-
About This Home
Welcome to this exceptional semi-detached mixed-use investment property located in the heart of highly desirable Sunset Park, Brooklyn. This well-maintained building features 2 commercial units and 4 residential apartments, providing high income with outstanding long-term appreciation potential.
Situated on a 25' × 100' lot with an approximately 20' × 84' building, the property offers a total of 6,864 square feet of usable space. Built in 1927 and located within an R7A zoning district, this asset presents excellent future value in one of Brooklyn's most sought-after neighborhoods.
Conveniently located just minutes from the N train, the property offers quick and easy access to Manhattan, along with close proximity to shopping, restaurants, schools, and major transportation.
Whether you're looking to expand your investment portfolio, complete a 1031 exchange, or acquire a prime mixed-use asset in a high-demand location, this property represents a rare opportunity in Sunset Park.
Property Details
Property Type
- Other
Est. Annual Taxes
- $23,600
Year Built
- Built in 1927
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 100 x 25
- Back and Side Yard
- Property is zoned R7A
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 6,864 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Tile
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Gas
- 220 Volts
Listing and Financial Details
- Tax Block 834
Community Details
Overview
- 4 Units
Building Details
- Fuel Expense $5,000
- Insurance Expense $8,000
- Utility Expense $1,000
- Gross Income $264,000
- Net Operating Income $220,400
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 | -- | -- | ||
| 2025 | $0 | -- | ||
| 2024 | $0 | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
| 2022 | $0 | $0 | $0 | $0 |
| 2021 | $0 | $0 | $0 | $0 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|
| 07/14/2026 07/14/26 | For Sale | $4,800,000 | -- | $699 / Sq Ft |
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 | -- | -- |
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 |
|---|---|---|---|
| Open | $300,000 | Commercial | |
| Previous Owner | $300,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 503018
APN: 00834-7501
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Ask me questions while you tour the home.