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Off market
  • Zillow Home logoZestimate®
    $1,873,800

    5518 7th Ave, Brooklyn, NY 11220

    5beds
    1,796sqft
    MultiFamily
    Built in 1945
    -- sqft lot
    $1,873,800 Zestimate®
    $1,043/sqft
    $3,801 Estimated rent

    Home value

    $1,873,800

    $1.71M - $2.02M

    $3,801/mo

    Zestimate® history
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    $3,801/mo

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    What's special

    GREAT FOR INVESTORS!!! Zoning R7A, COMMERCIAL OVERLAY C2-4! First time on the market MIXED-USE property currently using as residential 2 family home in the Prime Location on 7 Avenue between 55th and 56th St! Building size 16x62 on a 16x72 lot. First floor is a 2 bedrooms (can be easily converted into 3 bedrooms). 2nd floor features 2 bedrooms but can be used as 3 bedrooms. Approximately 1000 sqft per floor plus high ceiling basement! Low property tax with only $5,813/year. One of the busiest foot traffic streets! The investment potential is endless! WILL BE DELIVERED VACANT!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total interior livable area: 1,796 sqft

    Property

    Lot
    • Size: 1,152 Square Feet
    Details
    • Parcel number: 008330046

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1945

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $1,043/sqft
    • Tax assessed value: $1,075,000
    • Annual tax amount: $6,427

    Price history

    DateEventPrice
    11/7/2023Listing removed--
    Source: StreetEasy Report a problem
    10/17/2023Pending sale$2,388,000+6.8%$1,330/sqft
    Source: StreetEasy Report a problem
    9/22/2023Sold$2,235,000-6.4%$1,244/sqft
    Source: Agent Provided Report a problem
    5/11/2023Pending sale$2,388,000$1,330/sqft
    Source: BNYMLS #472589 Report a problem
    3/18/2023Listed for sale$2,388,000$1,330/sqft
    Source: BNYMLS #472589 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,427 -0.3%$64,500 +4.6%
    2024$6,447 $61,680 -18.5%
    2023-- $75,660 +10%
    2022-- $68,760 +25.7%
    2021-- $54,720 -14.8%
    2020$5,054 +1%$64,260 +2.3%
    2019$5,003 -5.3%$62,820 +148.7%
    2018$5,284 +8.7%$25,258 +5.9%
    2017$4,863 +198.5%$23,856 +6%
    2016$1,629 $22,510 +0.1%
    2015$1,629 +77.4%$22,492 +0.9%
    2014$918 $22,293 +5.9%
    2013-- $21,049 +5.9%
    2012-- $19,880 +6%
    2011-- $18,759 +0.1%
    2010-- $18,744 +0.9%
    2009-- $18,578 +5.9%
    2008-- $17,541 +5.9%
    2007-- $16,567 +6%
    2006-- $15,633 +0.1%
    2005-- $15,620 +0.9%
    2004-- $15,482 +5.9%
    2003-- $14,618 +5.9%
    2002-- $13,806 +6%
    2001-- $13,028 +0.1%
    2000-- $13,017
    Find assessor info on the county website

    Neighborhood: Sunset Park

    Nearby schools

    GreatSchools rating