New York City  »  11220  »  7th Ave  »  5724 7th Ave

5724 7th Avenue, Brooklyn, NY 11220 - Property report

Also known as: 673-675 58th St

Property image for 5724 7th Avenue, Brooklyn, NY 11220
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Property type

Predominant Retail with Other Uses (K4)

Year built

1922

Lot sq. ft.

2,517

Sale price

$4,060,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
5724 7th Avenue
Alternate address(es)
673-675 58th St
675 58th St
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00849-0044

Owner

Find out who owns 5724 7th Avenue, Brooklyn, NY 11220. Uncover corporate and individual owners with a free account.

Building
Property type
Predominant Retail with Other Uses (K4)
Building sq. ft.
8,357
Building dimensions
25.17 ft x 92 ft
Buildings on lot
1
Stories
4
Year built
1922
Last altered
2014
Building material
Sales
Sale date
03/04/2025
Sale price
$4,060,000
Tax
Tax year
2026-2027
Property tax
$65,023
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25.17 ft x 100 ft
Lot sq. ft.
2,517

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
95 /100.  Rider's Paradise
Bike score
70 /100.  Very Bikeable
School district
20
Community district
7
Closest police station
0.59 Miles
Closest fire station
0.36 Miles

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

Ownership

Ownership information for 5724 7th Avenue, Brooklyn, NY

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

Sales history for 5724 7th Avenue, Brooklyn, NY 11220

Sale date Sale price Buyer name Seller name
03/04/2025 $4,060,000 XXX XXXXX XXX. XX XXX XXX. XXXXXXXXXX, XXX
08/23/2011 $2,500,000 XX XXX XXX. XXXXXXXXXX, XXX XXX XXXX, XXXX XXXX XXX XXX XXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/10/2025 - R Initial UCC1
(2025030700893001)		 XXX XXXXX XXX XXXXXX XXXX X XXXXXXXXXX XXXXXXX XXXXXXXXXXX
03/13/2025 - R
03/04/2025 - D		 Assignment of Leases and Rents
(2025031300528005)		 XXX XXXXX XXX X XXX XXXX XXXXXXXXXXX XXXXXX XXXX
03/13/2025 - R
03/04/2025 - D		 Mortgage
(2025031300528004)		 XXX XXXXX XXX X XXX XXXX XXXXXXXXXXX XXXXXX XXXX
03/13/2025 - R
03/04/2025 - D		 Deed
(2025031300528003)		 XX XXX XXX XXXXXXXXXX XXX XXX XXXXX XXX
03/13/2025 - R
02/04/2025 - D		 Termination of Assign of L&R
(2025031300528002)		 XX XXX XXXXXX XXXXXXXXXX XXX XXXX XXX XXXX XXXX
03/13/2025 - R
02/04/2025 - D		 Satisfaction of Mortgage
(2025031300528001)		 XX XXX XXX XXXXXXXXXX XXX XXXX XXX XXXX XXXX
10/25/2011 - R Initial UCC1
(2011101101225004)		 XX XXX XXXXXX XXXXXXXXXX XXX XXX XXX XXXXX
10/25/2011 - R
08/23/2011 - D		 Assignment of Leases and Rents
(2011101101225003)		 XX XXX XXXXXX XXXXXXXXXX XXXX XXXX XXX XXXX
10/25/2011 - R
08/23/2011 - D		 Mortgage
(2011101101225002)		 XX XXX XXXXXX XXXXXXXXXX XXX XXXX XXX XXXX
10/25/2011 - R
08/23/2011 - D		 Deed
(2011101101225001)		 XXX XXXX XXXX XXXX XX XXX XXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5724 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
$65,023
Municipal exemptions
Recent tax assessments
Market value
$1,332,000
Assessed value
$599,400

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 $1,425,000 $641,250 $641,250 10.848% $69,563 $69,563 +1.51%
2024/25 $1,415,000 $636,750 $636,750 10.762% $68,527 $68,527 -8.91%
2023/24 $1,738,000 $782,100 $710,280 10.592% $75,233 $75,233 +6.05%
2022/23 $1,730,000 $778,500 $666,360 10.646% $70,941 $70,941 +6.39%
2021/22 $1,505,000 $677,250 $620,010 10.755% $66,682 $66,682 +6.74%
2020/21 $1,533,000 $689,850 $584,190 10.694% $62,473 $62,473 +9.67%
2019/20 $1,386,000 $623,700 $540,630 10.537% $56,966 $56,966 +19.40%
2018/19 $1,250,000 $562,500 $453,790 10.514% $47,711 $47,711 +19.67%
2017/18 $1,215,000 $546,750 $379,197 10.514% $39,869 $39,869 +22.52%
2016/17 $1,107,000 $498,150 $307,754 10.574% $32,542 $32,542 +24.12%
Permits

Permit information for 5724 7th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/09/2019 Alteration
12/02/2019 Alteration type 2
07/03/2019 Alteration
12/26/2018 Alteration type 3
12/17/2018 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
09/06/2019 Acc1-(other BLDGS types) - elevator affirmation of correction elevatorrequired
11/23/2016 E-elevator
08/22/2012 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
8th Ave & 62nd St at NW Corner
Station lines
N
Distance (miles)
0.252
View subway map

Access the detailed traffic volume map for 5724 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

Neighbors for 5724 7th Avenue, Brooklyn, NY

667 58th St, Brooklyn 653 58th St, Brooklyn 672 57th St, Brooklyn 669 58th St, Brooklyn 5722 7th Ave, Brooklyn 661 58th St, Brooklyn 655 58th St, Brooklyn 670 57th St, Brooklyn 666 57th St, Brooklyn 663 58th St, Brooklyn 5702 7th Ave, Brooklyn 659 58th St, Brooklyn 674 57th St, Brooklyn 651 58th St, Brooklyn 665 58th St, Brooklyn 657 58th St, Brooklyn 5706 7th Ave, Brooklyn

Nearby ZIP codes for 5724 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 5724 7th Avenue, Brooklyn, NY 11220?

The development at 5724 7th Avenue, Brooklyn, NY 11220 was built in 1922.

What is the market value of 5724 7th Avenue, Brooklyn, NY 11220?

The current market value of 5724 7th Avenue, Brooklyn, NY 11220 is $1,332,000.

What is the total square footage of 5724 7th Avenue, Brooklyn, NY 11220?

5724 7th Avenue, Brooklyn, NY 11220 has a total of 8,357 square feet.

What is the price per square foot for this property?

$485 per square foot is the price for 5724 7th Avenue, Brooklyn, NY 11220.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

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