#490377, Listing office: RE/MAX Real Estate Professiona
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
- Total Bedroom Count: 9
- 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
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright © 2025 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/11/2025, 11:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Typical income of Brooklyn, NY residents is less than $<35k annually. The majority of families are married, with kids. Typical level of education for residents 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
Similar homes for sale
3 days on Rocket
#886932, Listing office: Sany Realty Group LLC
#874137, Listing office: EXP Realty
#488644, Listing office: RE/MAX Real Estate Professiona
#L3582950, Listing office: Winzone Realty Inc
#492734, Listing office: Ben Bay Realty Co
#488379, Listing office: Ben Bay Realty Co
#490193, Listing office: Tiger Realty
#488051, Listing office: Tiger Realty
#491064, Listing office: RE/MAX Edge
Frequently asked questions
About 5003 7th Ave
The listing price of 5003 7th Ave property is $2,880,000.
The property 5003 7th Ave is a multi located in Brooklyn, New York, 11220.
Active Listing: 5003 7th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5003 7th Ave are: School of Creativity and Innovation (The) (GreatSchools Rating 8/10), P.S. 94 The Henry Longfellow School (GreatSchools Rating 4/10), P.S. 169 Sunset Park School (GreatSchools Rating 7/10), J.H.S. 220 John J Pershing (GreatSchools Rating 7/10), Intermediate School 136 Charles O Dewey (GreatSchools Rating 2/10), Sunset Park Preparatory (GreatSchools Rating 5/10), West Brooklyn Community High School (GreatSchools Rating 3/10), Sunset Park High School (GreatSchools Rating 4/10), High School of Telecommunications Arts and Technology (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $6,670 (source: MLS/based on county public records data).
The property 5003 7th Ave is 2,964 SqFt (source: MLS/tax record).
The year of construction for 5003 7th Ave is 1930.
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: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 15, 2025 and is currently priced at $2,880,000.
In June 2025 more than 44 listings in Brooklyn, NY were sold above the asking price. During the same period more than 293 listings were sold at asking price, while more than 155 were sold below. In June 2025 in Brooklyn, NY there were 5% less homes for sale than in May. Listings spent 92 days on the market in June 2025, and had a median list price of $1,019,077 during the same period.
From Rocket Homes Real Estate and based on county public records data.