New York City  »  11220  »  7th Ave  »  5016 7th Ave

5016 7th Avenue, Brooklyn, NY 11220 - Property report

Also known as: 5016 7th Ave

Property image for 5016 7th Avenue, Brooklyn, NY 11220
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1899

Lot sq. ft.

1,683

General information

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Address
Primary address
5016 7th Avenue
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00793-0036

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
2,787
Building dimensions
16.83 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1899
Building material
Tax
Tax year
2026-2027
Property tax
$6,708
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
16.83 ft x 100 ft
Lot sq. ft.
1,683

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
96 /100.  Rider's Paradise
Bike score
73 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.84 Miles
Closest fire station
0.26 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 5016 7th Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 5016 7th Avenue, Brooklyn, NY 11220

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/04/2023 - R
12/27/2022 - D
Satisfaction of Mortgage
(2023010300044001)
XXX XXXXXX XXXXXXXX
02/22/2013 - R
10/06/2012 - D
Deed
(2012073101148001)
XXXX XXX XXXX XXXXXXX X XXX XXXXXXX XXXX XXXX XXX XXXXX XXXXX
10/01/2004 - R
08/11/2004 - D
Agreement
(2004081900644002)
XXX XXXXXX X XXXXXXXX XX
10/01/2004 - R
08/11/2004 - D
Mortgage
(2004081900644001)
XXX XXXXXX X XXXXXXXX XX
12/05/2002 - R Mortgage
(3100009011610)
XXX XXXXXX X XXXXXXXX X X
02/08/1989 - R Deed
(3060001430806)
XXX XXXX XXXXXXXXX XXX XXXXXX
01/15/1987 - R Release
(3010001230801)
XXX XXXXXXXX XXX XXXX XXXX XXXX
01/15/1987 - R Release
(3000001230800)
XXX XXX XXX XXXX XXXX
01/15/1987 - R Release
(3990001230799)
XXX XXXXX XXX XXXX XXXX XXXX
01/15/1987 - R Release
(3980001230798)
XXX XXXXXXXXX XXX XXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5016 7th Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$6,708
Municipal exemptions
Recent tax assessments
Market value
$1,946,000
Assessed value
$116,760

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $1,832,000 $109,920 $33,804 19.843% $6,708 $6,708 +2.52%
2024/25 $1,576,000 $94,560 $32,576 20.085% $6,543 $6,543 +4.96%
2023/24 $1,442,000 $86,520 $31,036 20.085% $6,234 $6,234 +3.81%
2022/23 $1,329,000 $79,740 $29,567 20.309% $6,005 $6,005 +6.77%
2021/22 $1,223,000 $73,380 $28,170 19.963% $5,624 $5,624 -5.13%
2020/21 $1,396,000 $83,760 $28,170 21.045% $5,928 $5,928 +3.17%
2019/20 $1,469,000 $88,140 $27,147 21.167% $5,746 $5,746 +6.21%
2018/19 $1,224,000 $73,440 $25,863 20.919% $5,410 $5,410 +7.72%
2017/18 $1,142,000 $68,520 $24,639 20.385% $5,023 $5,023 +7.03%
2016/17 $952,000 $57,120 $23,475 19.991% $4,693 $4,693 +2.23%

Permit information for 5016 7th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
01/15/2015 Alteration type 2
09/10/2013 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
4th Ave & 53rd St at SE Corner
Station lines
R
Distance (miles)
0.44

Access the detailed traffic volume map for 5016 7th Avenue, Brooklyn, NY 11220 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 5016 7th Avenue, Brooklyn, NY 11220?

The development at 5016 7th Avenue, Brooklyn, NY 11220 was built in 1899.

What is the market value of 5016 7th Avenue, Brooklyn, NY 11220?

The current market value of 5016 7th Avenue, Brooklyn, NY 11220 is $1,946,000.

What is the total square footage of 5016 7th Avenue, Brooklyn, NY 11220?

5016 7th Avenue, Brooklyn, NY 11220 has a total of 2,787 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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