Kings » 11220 » 7th Ave » 5026 7th Ave

5026 7th Avenue, Brooklyn, NY 11220 - Property report

Also known as: 673-683 51st St

Property image for 5026 7th Avenue, Brooklyn, NY 11220

Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1924

Lot sq. ft.

2,517

Sale price

$900,000

General information

Address

Primary address

5026 7th Avenue

Alternate address(es)

673-683 51st St

ZIP code

11220

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00793-0038

Building

Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Building sq. ft.

7,716

Building dimensions

25.17 ft x 90 ft

Buildings on lot

Stories

Year built

1924

Last altered

2012

Building material

Sales

Sale date

08/09/2004

Sale price

$900,000

Tax

Tax year

2026-2027

Property tax

$41,422

Tax class

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Lot

Lot dimensions

25.17 ft x 100 ft

Lot sq. ft.

2,517

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Current built area

7,727 sq. ft.

Buildable area

Area overview

Walk score

92 /100. Walker's Paradise

Transit score

93 /100. Rider's Paradise

Bike score

73 /100. Very Bikeable

School district

Community district

Closest police station

0.83 Miles

Closest fire station

0.25 Miles

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

Ownership

Ownership information for 5026 7th Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 5026 7th Avenue, Brooklyn, NY 11220

Sale date	Sale price	Buyer name	Seller name
08/09/2004	$900,000	XXX XXXXXX XXXX.	X & X XXXXXX XXXXXXX XXXXXX, XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/08/2015 - R 03/11/2015 - D	Termination of Assign of L&R (2015032000595002)	XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX	XXX XXXXXX XXXX
04/08/2015 - R 03/11/2015 - D	Satisfaction of Mortgage (2015032000595001)	XXX XXXXXX XXXX	XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX
07/08/2014 - R	UCC3 Continuation (2014062700872001)	XXX XXXXXX XXXX	XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX
05/15/2009 - R	UCC3 Continuation (2009050100896001)	XXX XXXXXX XXXX	XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX
01/03/2005 - R 12/09/2004 - D	Discharge of Tax Lien (2004121701127001)	XXX XXXX XX XXX XXXX
10/04/2004 - R	UCC3 Termination (2004091602019001)	XX XXXXXX XXXXXXX XXXXXX XXX	XXXXXXXXX XXXXXX
09/30/2004 - R 09/23/2004 - D	Tax Lien Sale Certificate (2004092701633001)	XXXX XX XXX XXXX	XXXX XX XXX XXXX
10/12/2004 - R 09/02/2004 - D	Satisfaction of Mortgage (2004091602004002)	X X XXXXXX XXXXXXX XXXXXX XXX
10/12/2004 - R 09/02/2004 - D	Termination of Assign of L&R (2004091602004001)	XX XXXXXX XXXXXXX XXXXXX XXX	XXXXXXXXX XXXXXX
08/25/2004 - R	Initial UCC1 (2004082400560001)	XXX XXXXXX XXXX	XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5026 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

$41,422

Municipal exemptions

Recent tax assessments

Market value

$740,000

Assessed value

$333,000

More about New York City Property Taxes

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	$721,000	$324,450	$324,450	12.439%	$40,358	$40,358	-5.72%
2024/25	$761,000	$342,450	$342,450	12.5%	$42,806	$42,806	-8.90%
2023/24	$908,000	$408,600	$375,840	12.502%	$46,988	$46,988	+5.58%
2022/23	$883,000	$397,350	$362,790	12.267%	$44,503	$44,503	+3.87%
2021/22	$796,000	$358,200	$350,190	12.235%	$42,846	$42,846	-4.88%
2020/21	$816,000	$367,200	$367,200	12.267%	$45,044	$45,044	+3.82%
2019/20	$773,000	$347,850	$347,850	12.473%	$43,387	$43,387	+0.19%
2018/19	$763,000	$343,350	$343,350	12.612%	$43,303	$43,303	+1.83%
2017/18	$743,000	$334,350	$334,350	12.719%	$42,526	$42,526	+10.03%
2016/17	$1,053,000	$473,850	$299,790	12.892%	$38,649	$38,649	+29.05%

Permits

Permit information for 5026 7th Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
07/03/2023	Alteration
05/23/2023	Alteration
05/27/2014	Alteration type 3
01/10/2012	Alteration type 1
12/15/1993	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	05/18/2001	C-construction
	10/26/2000	C-construction
	10/26/2000	C-construction

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

4th Ave & 53rd St at SE Corner

Station lines

Distance (miles)

0.437

View subway map

Access the detailed traffic volume map for 5026 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

Nearby ZIP codes for 5026 7th Avenue, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10271, New York City, NY 10280, New York City, NY 11201, New York City, NY 11204, New York City, NY 11209, New York City, NY 11214, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11223, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 5026 7th Avenue, Brooklyn, NY 11220?

The development at 5026 7th Avenue, Brooklyn, NY 11220 was built in 1924.

What is the market value of 5026 7th Avenue, Brooklyn, NY 11220?

The current market value of 5026 7th Avenue, Brooklyn, NY 11220 is $740,000.

What is the total square footage of 5026 7th Avenue, Brooklyn, NY 11220?

5026 7th Avenue, Brooklyn, NY 11220 has a total of 7,716 square feet.

What is the price per square foot for this property?

$116 per square foot is the price for 5026 7th Avenue, Brooklyn, NY 11220.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.