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5523 7th Avenue, Brooklyn, NY 11220 Property Information

5523 7th Avenue, Brooklyn, NY 11220 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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5523 7th Avenue, Brooklyn, NY 11220 1
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Address

Primary address 5523 7th Avenue
Secondary address 701-711 56th St
Neighborhood Sunset Park
Zip code 11220
Borough Brooklyn
Block & lot 00834-0001

Sales & Tax Overview for 5523 7th Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 08/09/2004
Purchase price $710,000
Tax class
Estimated property tax $26,787

Lot & Building Information for 5523 7th Avenue, Brooklyn

Lot sqft 2,517
Lot dimensions 25.17 ft x 100 ft
Building class Single or Multiple Dwelling with Stores or Offices (S9) i
Building sqft 7,047
Building dimensions 25.17 ft x 80 ft
Buildings on lot 1
Stories 3
Year built 1924
Year last altered 2011
Construction type
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Zoning & Use for 5523 7th Avenue, Brooklyn

Zoning
Residential units (DOF) 4
Regulated units
Commercial units 2
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 7
Closest police station 0.67 Miles
Closest fire station 0.32 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 5523 7th Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 5523 7th Avenue, Brooklyn, NY 11220, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 5523 7th Avenue, Brooklyn, NY 11220, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 701-711 56th St, Brooklyn, NY 11220

About 5523 7th Avenue, Brooklyn

How many sq. ft. does 5523 7th Avenue, Brooklyn, NY 11220 have & what is the price per sq. ft?

This Single or Multiple Dwelling with Stores or Offices (S9) located at 5523 7th Avenue, Brooklyn, NY 11220 has a total of 7,047 square feet and a current price per square foot of $100.

What is the year built & the current market value of 5523 7th Avenue, Brooklyn, NY 11220?

5523 7th Avenue, Brooklyn, NY 11220 was built in 1924 and has a current tax assessor's market value of $1,485,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 5523 7th Avenue, Brooklyn

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Property owner name for 5523 7th Avenue, Brooklyn, NY 11220
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Building contacts for 5523 7th Avenue, Brooklyn, NY 11220
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 5523 7th Avenue, Brooklyn

Create a free account to view the complete sales history for 5523 7th Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/09/2004 $710,000

Title Documents for 5523 7th Avenue, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
09/25/2024 - R UCC3 Termination
(2024092400693006)
09/25/2024 - R Initial UCC1
(2024092400693005)
09/13/2024 - D
09/25/2024 - R
Assignment of Leases and Rents
(2024092400693003)
09/13/2024 - D
09/25/2024 - R
Agreement
(2024092400693002)
09/09/2024 - D
09/25/2024 - R
Termination of Assign of L&R
(2024092400693004)
09/09/2024 - D
09/25/2024 - R
Assignment, Mortgage
(2024092400693001)
03/06/2020 - D
04/18/2022 - R
Satisfaction of Mortgage
(2022041100982001)
07/05/2019 - R Initial UCC1
(2019070201198003)
06/26/2019 - D
09/23/2019 - R
Satisfaction of Mortgage
(2019092300135001)
06/26/2019 - D
07/05/2019 - R
Assignment of Leases and Rents
(2019070201198002)
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R: Recorded date
D: Document date

Property Taxes for 5523 7th Avenue, Brooklyn

Access detailed property tax data for 5523 7th Avenue, Brooklyn, NY 11220. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $26,788
Estimated property tax: $26,787
Tax assessor's market value: $1,485,000
Assessed value: $668,250

Assessment History for 5523 7th Avenue, Brooklyn

Here's the assessment & property tax history for 5523 7th Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $1,485,000 $668,250 $215,352 12.439% $26,788 $26,788 +6.46%
2024/25 $1,639,000 $737,550 $201,300 12.5% $25,163 $25,163 +7.75%
2023/24 $1,733,000 $779,850 $186,788 12.502% $23,352 $23,352 +7.01%
2022/23 $1,444,000 $649,800 $177,893 12.267% $21,822 $21,822 +7.67%
2021/22 $1,155,000 $519,750 $165,655 12.235% $20,268 $20,268 -0.26%

Permits for 5523 7th Avenue, Brooklyn

The complete history of permits filed for 5523 7th Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
10/01/2025 Alteration
09/19/2025 Alteration
09/18/2025 Alteration
05/30/2025 Alteration
05/30/2025 Alteration
02/18/2025 Alteration
01/22/2025 Alteration
12/06/2024 Alteration
12/06/2024 Alteration
11/19/2014 Alteration type 2
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 8th Ave & 62nd St at NW Corner
Station lines N
Distance (miles) 0.32
View subway map
Bus Routes
Name 8 Av/55 St
Line B70
Distance (miles) 0.129

Neighbors for 5523 7th Avenue, Brooklyn

Here are the neighbors for 5523 7th Avenue, Brooklyn, NY 11220.

Address Square feet Purchase date Purchase price
5511 7th Ave, Brooklyn 5,040 10/26/2018 $3,100,000
5516 7th Ave, Brooklyn 1,856 07/02/2003 $405,600
625 56th St, Brooklyn 5,400 01/02/2018 $1,820,000
613 56th St, Brooklyn 4,680 11/13/2014
631 56th St, Brooklyn 4,680 12/10/2012 $1,100,000
726 55th St, Brooklyn 2,200 11/18/1996
617 56th St, Brooklyn 4,680 08/21/2020 $1,270,000
623 56th St, Brooklyn 4,680 12/07/2011
716 55th St, Brooklyn 2,104 07/06/1989
720 55th St, Brooklyn 7,120 12/08/2020
629 56th St, Brooklyn 4,680 06/29/2000
635 56th St, Brooklyn 5,400 07/22/1994
619 56th St, Brooklyn 4,680 02/05/2015
637 56th St, Brooklyn 4,680 09/18/2017 $1,450,000
5517 7th Ave, Brooklyn 5,200 01/16/2008
722 55th St, Brooklyn 2,104 05/16/2008 $850,000
724 55th St, Brooklyn 2,104 10/22/2024 $1,700,000
5519 7th Ave, Brooklyn 5,322 12/09/2020
714 55th St, Brooklyn 2,200 10/02/2021
5501 7th Ave, Brooklyn 12,212 12/31/2012 $3,850,000
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