A RARE Opportunity to acquire this 3-Family property in the highly sought-after 7th Avenue, heart of Sunset Park! The property features 3 three bedrooms apartments with separate heat and hot water. The prime location offers convenient access to public transportation. Surrounded by a vibrant mix of businesses and amenities. Excellent opportunity for investors and developers to redevelopment or repositioning!
For sale
$2,999,000
5308 7th Ave, Brooklyn, NY 11220
--beds
--sqft
Multi Family
Built in ----
-- sqft lot
$1,696,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 7 days |
- 188 |
- 6 |
Zillow last checked:
Listing updated:
Listing by:
RE/MAX Edge 718-612-3088,
Dao Bo (Paul) Lin 917-816-2989
Source: BNYMLS,MLS#: 500359
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas, Baseboard
Appliances
- Included: Hot Water Coil in Boiler
Features
- Flooring: Hardwood
- Basement: Unfinished
Property
Parking
- Parking features: Street, Other
- Has uncovered spaces: Yes
Lot
- Size: 1,700 Square Feet
- Dimensions: 17x100
- Features: Back Yard
Details
- Foundation area: 935
- Parcel number: 008170139
- Zoning: R7A
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Utilities & green energy
- Electric: 110 V
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $1,469,000
- Annual tax amount: $6,874
- Date on market: 4/9/2026
- Cumulative days on market: 7 days
- Total actual rent: 90000
Estimated market value
$1,696,100
$1.46M - $1.95M
$2,921/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2026 | Listed for sale | $2,999,000+125.5% |
Source:  BNYMLS #500359 Report a problem | ||
| 2/1/2023 | Sold | $1,330,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,901 | $88,140 -2.3% |
| 2023 | -- | $90,180 +21.8% |
| 2022 | -- | $74,040 -4.5% |
| 2021 | -- | $77,520 +4.4% |
| 2020 | $6,111 +0.8% | $74,220 -9.6% |
| 2019 | $6,061 +7.2% | $82,080 +203.8% |
| 2018 | $5,653 +8.8% | $27,021 +6% |
| 2017 | $5,198 +8% | $25,497 +6% |
| 2016 | $4,811 | $24,064 +0% |
| 2015 | $4,811 +65.8% | $24,058 +0.8% |
| 2014 | $2,901 | $23,860 +6% |
| 2013 | -- | $22,518 +6% |
| 2012 | -- | $21,248 +6% |
| 2011 | -- | $20,054 +0% |
| 2010 | -- | $20,049 +0.8% |
| 2009 | -- | $19,884 +6% |
| 2008 | -- | $18,765 +6% |
| 2007 | -- | $17,707 +6% |
| 2006 | -- | $16,712 +0% |
| 2005 | -- | $16,708 +0.8% |
| 2004 | -- | $16,570 +6% |
| 2003 | -- | $15,638 +6% |
| 2002 | -- | $14,756 +6% |
| 2001 | -- | $13,927 +0% |
| 2000 | -- | $13,924 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Sunset Park
Nearby schools
GreatSchools rating
- 5/10Ps 94 The Henry LongfellowGrades: K-5Distance: 0.2 mi
- 4/10Is 136 Charles O DeweyGrades: 6-8Distance: 0.8 mi
- NAWest Brooklyn Community High SchoolGrades: 10-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
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