$4,880,000

5706 7th Ave Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated payment $27,962/month

Total Views 940
-- Bed
-- Bath
6,700 Sq Ft
$728 Price per Sq Ft

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to Rainbow Playground
  • P.S. 69 Vincent D Grippo School Rated A
  • Back Yard

About This Home

Rare Investment Opportunity in Prime Brooklyn!

This high-quality mixed-use building is located at the intersection of 57th Street and 7th Avenue — one of the most vibrant commercial corridors in Brooklyn.

Property highlights:
• One commercial storefront + 7 spacious residential units(All units feature 3 bedrooms, 1 living room, and 1 bathroom.)
• Building dimensions: 25’ x 75’, total building area approx. 6,700 SF
• Lot size: 25’ x 100’
• Zoning: R7A, C2-4
• Total annual income: $250,000
• Property tax: $25,062
• Insurance: $8,000
• 9 electric meters and 8 gas meters
• Each unit has its own boiler and water heater (8 sets in total)
• Easy and low-maintenance management

Whether you’re a seasoned investor or looking to expand your portfolio, this high-income property offers steady cash flow and strong long-term appreciation potential. Located in one of Brooklyn’s most desirable neighborhoods, this is a rare opportunity not to be missed!

Contact the listing agent today for more details and to schedule a private tour!

Listing Agent

Huizhen Li

Century 21 Realty First Listed on: 08/04/2025

Century 21 Realty First

Co-Listing Agent

Chao Min Xu

Century 21 Realty First

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $25,062

Year Built

  • Built in 1925

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100 x 25
  • Back Yard
  • Property is zoned R7A, C2-4

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation
  • Block Wall

Interior Spaces

  • 6,700 Sq Ft Home
  • 4-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 849

Community Details

Overview

  • 7 Units

Building Details

  • Insurance Expense $8,000
  • Utility Expense $800
  • Gross Income $249,852
  • Net Operating Income $207,990

Property Details

Property Type

Other

Est. Annual Taxes

$25,062

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1875
  • Building Length: 75.00
  • Building Width: 25.00
  • Co List Office Mls Id: 119600
  • Co List Office Phone: (718) 758-5838
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 58th St
  • Cross Street Name2: 57th St
  • Heat Delivery: Baseboard
  • Number Of Families: 7
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 6700
  • Building Stories: 4
  • Street Name I D X: 7th
  • Street Number I D X: 5706
  • Waterfront Present: No
  • Year Built: 1925
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Hardwood, Laminate
  • Lot Sq Ft: 2500
  • Walls: Block

Exterior Features

  • Yard: Back
  • Exterior Building Type: Semi-Detached
  • Construction Type: Block
  • Exterior: Brick
  • Foundation Details: Block, Stone
  • Lot Number: 38
  • Roof: Flat

Utilities

  • Electric: 200 Amp, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 25
  • Zoning: R7A, C2-4

Multi Family

  • Annual Gross Expense: 41862.00
  • Annual Gross Income: 249852
  • Insurance Expense: 8000.00
  • Miscellaneous Expense: 300.00
  • Property Net Operating Income: 207990.00
  • Unit Count: 8
  • Annual Utility Expenses: 800.00

Tax Info

  • Flip Tax Amount: 25062.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $4,880,000 -- $728 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 494718

Brooklyn Board of REALTORS®

APN: 00849-0038

New York Kings County Brooklyn 11220 Sunset Park

5706 7th Ave, Brooklyn, NY

This home is located at 5706 7th Ave, Brooklyn, NY 11220 and is currently priced at $4,880,000, approximately $728 per square foot. This property was built in 1925. 5706 7th Ave is a home located in Kings County with nearby schools including P.S. 69 Vincent D Grippo School, IS 220 John J. Pershing, and Fort Hamilton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Nearby Homes
Huizhen Li
Listing Agent
Huizhen Li
Section Image
Century 21 Realty First
(347) 380-7176