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
Price cut: $81K (8/6)
$2,918,000
5308 7th Ave, Brooklyn, NY 11220
--beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 142 days
- 184
- 5
Zillow last checked:
Listing updated:
Listed by:
RE/MAX Edge 718-612-3088,
Dao Bo (Paul) Lin 917-816-2989
Source: BNYMLS,MLS#: 500359
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: $1,516,000
- Annual tax amount: $6,874
- Date on market: 4/9/2026
- Cumulative days on market: 143 days
- Total actual rent: 90000
Estimated market value
Not available
Estimated sales range
Not available
$3,948/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $2,918,000-2.7% |
Source:  BNYMLS #500359 Report a problem | ||
| 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 |
|---|---|---|
| 2025 | $6,874 -0.4% | $90,960 +3.2% |
| 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
Climate risks
Neighborhood: Sunset Park
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