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Sold for $970,000
  • $970,000

    7220 Avenue W, Brooklyn, NY 11234

    5beds
    2,250sqft
    MultiFamily
    Built in 1960
    -- sqft lot
    $1,162,300 Zestimate®
    $431/sqft
    $3,146 Estimated rent

    Home value

    $1,162,300

    $1.08M - $1.26M

    $3,146/mo

    Zestimate® history
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    $3,146/mo

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    Rent Zestimate®

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    $5,731/mo

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    $5,731/mo

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    What's special

    Looking for an opportunity to purchase a multi family home in one of Brooklyn's hottest neighborhoods? Look no further. This solid brick, legal two family home is located in the heart of Bergen Beach; on Avenue W between 72nd and 73rd Street. Sitting on a 40x100 lot with a foot print of 25x50; this is a chance to purchase an income producing property as either a straight investment or as a live and earn opportunity. The top floor features a foyer, formal living room, a good size kitchen, full bathroom and three bedrooms. There are plenty of closets on this level. The lower level is a walk in two bedroom apartment that could generate some solid rental income to offset a mortgage or could be a great place for a family. This is an excellent Bergen Beach block and this home will not last.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Interior area
    • Total interior livable area: 2,250 sqft

    Property

    Lot
    • Size: 4,000 Square Feet
    Details
    • Parcel number: 084500042

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1960

    Community & HOA

    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $431/sqft
    • Tax assessed value: $1,129,000
    • Annual tax amount: $9,584

    Price history

    DateEventPrice
    8/15/2023Sold$970,000-2.9%$431/sqft
    Source: Public Record Report a problem
    5/30/2023Pending sale$999,000$444/sqft
    Source: StreetEasy Report a problem
    5/17/2023Listing removed--
    Source: BNYMLS #471952 Report a problem
    4/20/2023Price change$999,000-9.2%$444/sqft
    Source: BNYMLS #471952 Report a problem
    3/18/2023Price change$1,099,999-8.3%$489/sqft
    Source: BNYMLS #471952 Report a problem
    2/17/2023Listed for sale$1,200,000$533/sqft
    Source: BNYMLS #471952 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,584 -1.2%$67,740 +26.6%
    2024$9,701 $53,520 +1.1%
    2023-- $52,920 -4.9%
    2022-- $55,620 +2.3%
    2021-- $54,360 +8.4%
    2020$5,932 -25%$50,160 -4.5%
    2019$7,910 -5.3%$52,500 +31.4%
    2018$8,356 +8.8%$39,946 +6%
    2017$7,682 +28.1%$37,685 +6%
    2016$5,998 $35,552 +6%
    2015$5,998 +42.8%$33,540
    2014$4,201 $33,540
    2013-- $33,540 -5.5%
    2012-- $35,488 +6%
    2011-- $33,480 -17%
    2010-- $40,320 -2%
    2009-- $41,126 +2.1%
    2008-- $40,296 +6%
    2007-- $38,016 +3.6%
    2006-- $36,697 +6%
    2005-- $34,620 +1%
    2004-- $34,272 +2.1%
    2003-- $33,580 +6%
    2002-- $31,680
    2001-- $31,680 +5.6%
    2000-- $30,000
    Find assessor info on the county website

    Neighborhood: Bergen Beach

    Nearby schools

    GreatSchools rating