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5601 7th Avenue, Brooklyn, NY 11220 Property Information

5601 7th Avenue, Brooklyn, NY 11220 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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5601 7th Avenue, Brooklyn, NY 11220 1
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Address

Primary address 5601 7th Avenue
Secondary address 702-710 56th St
Neighborhood Sunset Park
Zip code 11220
Borough Brooklyn
Block & lot 00842-0010

Sales & Tax Overview for 5601 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 01/12/2021
Purchase price $3,450,000
Tax class
Estimated property tax $31,911

Lot & Building Information for 5601 7th Avenue, Brooklyn

Lot sqft 1,613
Lot dimensions 20.17 ft x 80 ft
Building class Single or Multiple Dwelling with Stores or Offices (S9)
Building sqft 4,334
Building dimensions 20.17 ft x 68 ft
Buildings on lot 1
Stories 3
Year built 1931
Year last altered 2014
Construction type
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Zoning & Use for 5601 7th Avenue, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 4
Commercial units 3
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 7
Closest police station 0.66 Miles
Closest fire station 0.33 Miles

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

Other Property Data for 5601 7th Avenue, Brooklyn

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Floor area ratio (FAR) for 5601 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 5601 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.

  • 702-710 56th St, Brooklyn, NY 11220

About 5601 7th Avenue, Brooklyn

How many sq. ft. does 5601 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 5601 7th Avenue, Brooklyn, NY 11220 has a total of 4,334 square feet and a current price per square foot of $796.

What is the year built & the current market value of 5601 7th Avenue, Brooklyn, NY 11220?

5601 7th Avenue, Brooklyn, NY 11220 was built in 1931 and has a current tax assessor's market value of $1,418,000.

How many commercial spaces does this building have?

This building has 3 commercial spaces available for lease.

Ownership Information for 5601 7th Avenue, Brooklyn

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Property owner name for 5601 7th Avenue, Brooklyn, NY 11220
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Building contacts for 5601 7th Avenue, Brooklyn, NY 11220
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 5601 7th Avenue, Brooklyn

Create a free account to view the complete sales history for 5601 7th Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/12/2021 $3,450,000

Title Documents for 5601 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
04/30/2024 - D
05/07/2024 - R
Assignment, Mortgage
(2024050601118002)
04/30/2024 - D
05/07/2024 - R
Assignment, Mortgage
(2024050601118001)
01/12/2021 - D
01/22/2021 - R
Termination of Assign of L&R
(2021011900492005)
01/12/2021 - D
01/22/2021 - R
Assignment of Leases and Rents
(2021011900492003)
01/12/2021 - D
01/22/2021 - R
Mortgage
(2021011900492002)
01/12/2021 - D
01/22/2021 - R
Deed
(2021011900492001)
09/23/2020 - D
11/16/2020 - R
Assignment, Mortgage
(2020111000405001)
09/23/2020 - D
10/16/2020 - R
Asgn of Asgn of L&R
(2020100900492001)
01/12/2020 - D
01/22/2021 - R
Satisfaction of Mortgage
(2021011900492004)
09/22/2014 - R UCC3 Termination
(2014091200513014)
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R: Recorded date
D: Document date

Property Taxes for 5601 7th Avenue, Brooklyn

Access detailed property tax data for 5601 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: $29,548
Estimated property tax: $31,911
Tax assessor's market value: $1,418,000
Assessed value: $638,100

Assessment History for 5601 7th Avenue, Brooklyn

Here's the assessment & property tax history for 5601 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 $1,418,000 $638,100 $237,540 12.439% $29,548 $29,548 +6.17%
2024/25 $1,684,800 $758,160 $222,639 12.5% $27,830 $27,830 +7.43%
2023/24 $1,404,000 $631,800 $207,216 12.502% $25,906 $25,906 +1.92%
2022/23 $1,170,000 $526,500 $207,216 12.267% $25,419 $25,419 +5.28%
2021/22 $936,300 $421,335 $197,341 12.235% $24,145 $24,145 +7.72%

Permits for 5601 7th Avenue, Brooklyn

The complete history of permits filed for 5601 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
03/05/2026 Alteration
09/25/2014 Alteration type 2
08/18/2014 Alteration type 2
07/29/2013 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 Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% 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) 0.307
View subway map
Bus Routes
Name 8 Av/55 St
Line B70
Distance (miles) 0.134

Neighbors for 5601 7th Avenue, Brooklyn

Here are the neighbors for 5601 7th Avenue, Brooklyn, NY 11220.

Address Square feet Purchase date Purchase price
728 56th St, Brooklyn 1,920 09/28/1987
5613 7th Ave, Brooklyn 3,600 09/26/1977
736 56th St, Brooklyn 2,072 07/22/2021 $1,790,000
732 56th St, Brooklyn 1,920 11/25/1980
5623 7th Ave, Brooklyn 2,960 05/23/1997
714 56th St, Brooklyn 10,280 12/05/2024 $1,940,000
5611 7th Ave, Brooklyn 4,600 09/28/2007 $1,300,000
617 57th St, Brooklyn 2,018 02/19/2019 $1,450,000
712 56th St, Brooklyn 2,220 12/11/2000
5603 7th Ave, Brooklyn 3,000 11/01/2005
724 56th St, Brooklyn 1,920 04/17/2025
726 56th St, Brooklyn 4,002 06/26/2014 $860,000
615 57th St, Brooklyn 3,027 11/12/2008 $750,000
720 56th St, Brooklyn 1,920 12/27/2000
734 56th St, Brooklyn 1,920 01/31/2008 $745,000
5619 7th Ave, Brooklyn 3,330 06/25/1998
722 56th St, Brooklyn 5,606 10/10/2025 $2,800,000
5605 7th Ave, Brooklyn 3,000 01/06/1981
5609 7th Ave, Brooklyn 3,600 09/26/2016
5615 7th Ave, Brooklyn 6,871 01/18/2013 $1,600,000
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