5903 7th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $11,902/month
Highlights
- Tile Flooring
- 5-minute walk to 8 Avenue
- Back Yard
- P.S. 69 Vincent D Grippo School Rated A-
- Multiple cooling system units
About This Home
Prime Sunset Park location! Solid brick mixed-use building with R7A zoning, building size 20x70 on a 20x80 lot. Excellent investment opportunity with great potential for future development or stable rental income. Conveniently located near 8th Avenue shopping, restaurants, schools, and transportation (N train and buses).
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,914
Year Built
- Built in 1922
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 80 x 20
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 6 Full Bathrooms
- 4,200 Sq Ft Home
- 4-Story Property
- Tile Flooring
- Basement Fills Entire Space Under The House
- Stove
Utilities
- Multiple cooling system units
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 866
Community Details
Overview
- 6 Units
Building Details
- Fuel Expense $2,000
- Insurance Expense $4,000
- Utility Expense $200
- Gross Income $63,792
Map
Home Values in the Area
Average Home Value in this Area
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 | $19,914 | $445,950 | $5,850 | $440,100 |
| 2024 | $19,914 | $399,600 | $5,850 | $393,750 |
| 2023 | $18,092 | $420,750 | $5,850 | $414,900 |
| 2022 | $16,709 | $526,050 | $5,850 | $520,200 |
| 2021 | $15,513 | $618,750 | $5,850 | $612,900 |
| 2019 | $15,453 | $580,500 | $5,850 | $574,650 |
| 2018 | $14,430 | $113,453 | $1,372 | $112,081 |
| 2017 | $13,362 | $105,053 | $1,476 | $103,577 |
| 2016 | $12,541 | $97,277 | $1,625 | $95,652 |
| 2015 | $8,141 | $97,260 | $1,951 | $95,309 |
| 2014 | $8,141 | $94,252 | $1,939 | $92,313 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2025 10/14/25 | For Sale | $1,990,000 | -- | $474 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 496582
APN: 00866-0009
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