#490146, Listing Office: E Realty International Corp
Property details
About 5003 7th Ave
3 family property located in the heart of Brooklyn’s vibrant Sunset Park neighborhood. This well-maintained building sits on bustling 7th Avenue, a high-traffic commercial corridor known for its strong foot traffic and thriving local businesses. Surrounded by a dynamic mix of retail, dining, and cultural amenities, the property offers exceptional visibility and accessibility. Currently configured for residential use, the property presents a rare opportunity for conversion to commercial or mixed-use purposes, subject to zoning and city approvals. Ideal for investors, end-users, or business owners seeking a presence in one of Brooklyn’s most established and rapidly developing communities.
Highlights
Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
CoolingOther
Size2,964 sqft
BasementYes
Year built1930
ParkingOther, Other
MLS #492714
FireplaceStove, Other
Summary
- Full Bathrooms: 3
- Appliances: Refrigerator, Stove, Other
- Basement: Yes
- Flooring Type: Hardwood, Tile, Other
- Interior: Other
- Fireplace: Stove, Other
- Parking: Other, Other
- Exterior: Other
- Heating: Hot Water, Natural Gas
- Cooling: Other
- List Price: $2,880,000
- Price/SqFt: $971
- Annual Tax Amount: $6,670
- Tax Year: 2024
- Year Built: 1930
- Stories: 3
- Living Area: 2,964 SqFt
- MLS Number: 492714
- Office Name: Tiger Realty
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Last updated on: 5/24/2025, 12:20:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,880,000
5003 7th Ave
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $93,300 | $6,670 |
| 2023 | $109,200 | $6,296 |
| 2021 | $97,260 | $11,762 |
| 2019 | $82,200 | $5,915 |
| 2018 | $26,126 | $5,027 |
| 2017 | $24,661 | $4,655 |
History based on county public records data.
Nearby schools
8
School of Creativity and Innovation (The)
Public District PK-2
0.1 mi
•736 48th St
4
P.S. 94 The Henry Longfellow School
Public District KG-5
0.2 mi
•5010 6th Ave
7
P.S. 169 Sunset Park School
Public District KG-5
0.3 mi
•4305 7th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,796. Most Brooklyn, NY residents have annual incomes less than $<35k. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
63%
<35k
29%
35k-100k
6%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
25%
Single, No Kids
12%
Single, with Kids
25%
Married, No Kids
38%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
39%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
H&M
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
Popeyes
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 5003 7th Ave in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 2,964 square foot home was built in 1930. Features: 3 bathrooms. It has been listed on Rocket Homes since May 15, 2025 and is currently priced at $2,880,000.
While more than 38 listings in Brooklyn, NY in April 2025 were sold above asking price, there were more than 194 listings sold at asking price, and more than 146 were sold below. The number of listings in Brooklyn, NY increased by 2.3% between March and April 2025. While the average time on the market in April 2025 was 121 days, the median list price was $994,292.
From Rocket Homes Real Estate and based on county public records data.