Kings  »  11220  »  7th Ave  »  5901 7th Ave

5901 7th Avenue, Brooklyn, NY 11220 - Property report

Also known as: 700-710 59th St

Property image for 5901 7th Avenue, Brooklyn, NY 11220
static Mapbox map

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1922

Lot sq. ft.

1,613

Sale price

$3,500,000

General information

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Address
Primary address
5901 7th Avenue
Alternate address(es)
700-710 59th St
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00866-0010

Owner

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Building
Property type
Single or Multiple Dwelling with Stores or Offices (S9)
Building sq. ft.
4,841
Building dimensions
20.17 ft x 80 ft
Buildings on lot
2
Stories
3
Year built
1922
Building material
Sales
Sale date
03/29/2024
Sale price
$3,500,000
Tax
Tax year
2026-2027
Property tax
$31,507
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
20.17 ft x 80 ft
Lot sq. ft.
1,613

Area overview

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

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Ownership information for 5901 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 5901 7th Avenue, Brooklyn, NY 11220

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/03/2024 - R Initial UCC1
(2024040300634001)
XXXX XXXXXXXX XXX XXXXXX XXXX
04/04/2024 - R
03/29/2024 - D
Assignment of Leases and Rents
(2024040300772003)
XXXX XXXXXXXX XXX XXXXXX XXXX
04/04/2024 - R
03/29/2024 - D
Mortgage
(2024040300772002)
XXXX XXXXXXXX XXX XXXXXX XXXX
04/04/2024 - R
03/29/2024 - D
Deed
(2024040300772001)
XXX XXXXXX XXXXXXXXXX XXX XXXX XXXXXXXX XXX
03/01/2021 - R UCC3 Termination
(2021022301131001)
XXX XXXXXX XXXXXXXXXX XXX XXXXXX XXXXXX XXXX
03/03/2021 - R
01/26/2021 - D
Termination of Assign of L&R
(2021022301231001)
XXXXXX XXXXXX XXXX XXX XXXXXX XXXXXXXXXX XXX
03/03/2021 - R
01/26/2021 - D
Satisfaction of Mortgage
(2021022301206001)
XXX XXXXXX XXXXXXXXXX XXX XXXXXX XXXXXX XXXX
09/10/2018 - R
08/31/2018 - D
Agreement
(2018090400204001)
XXXXXX XXXXXX XXXX XXX XXXXXX XXXXXXXXXX XXX
04/20/2018 - R UCC3 Continuation
(2018041800736001)
XXX XXXXXX XXXXXXXXXX XXX XXXXXX XXXXXX XXXX
03/21/2016 - R
02/04/2016 - D
Deed
(2016031401302001)
XXX XXXX X XXX XXXXXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5901 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
$31,507
Municipal exemptions
Recent tax assessments
Market value
$1,104,000
Assessed value
$496,800

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 $975,000 $438,750 $237,101 12.439% $29,493 $29,493 +2.43%
2024/25 $915,000 $411,750 $230,341 12.5% $28,793 $28,793 +7.06%
2023/24 $849,000 $382,050 $215,126 12.502% $26,895 $26,895 +7.64%
2022/23 $1,057,000 $475,650 $203,685 12.267% $24,986 $24,986 +4.81%
2021/22 $993,000 $446,850 $194,842 12.235% $23,839 $23,839 +19.06%
2020/21 $1,065,000 $479,250 $163,224 12.267% $20,023 $20,023 +1.58%
2019/20 $992,800 $446,760 $158,024 12.473% $19,710 $19,710 +6.81%
2018/19 $1,241,000 $558,450 $146,320 12.612% $18,454 $18,454 +5.50%
2017/18 $1,068,000 $480,600 $137,519 12.719% $17,491 $17,491 +3.79%
2016/17 $899,000 $404,550 $130,717 12.892% $16,852 $16,852 +4.18%

Permit information for 5901 7th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/20/2026 Alteration
06/15/2026 Alteration CO
04/07/2026 Alteration
03/30/2026 Alteration
07/08/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/13/2019 Aeuhaz1-fail to certify class 1
03/06/2019 Aeuhaz1-fail to certify class 1
03/06/2019 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record 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
8th Ave & 62nd St at NW Corner
Station lines
N
Distance (miles)
0.182

Access the detailed traffic volume map for 5901 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 5901 7th Avenue, Brooklyn, NY 11220?

The development at 5901 7th Avenue, Brooklyn, NY 11220 was built in 1922.

What is the market value of 5901 7th Avenue, Brooklyn, NY 11220?

The current market value of 5901 7th Avenue, Brooklyn, NY 11220 is $1,104,000.

What is the total square footage of 5901 7th Avenue, Brooklyn, NY 11220?

5901 7th Avenue, Brooklyn, NY 11220 has a total of 4,841 square feet.

What is the price per square foot for this property?

$722 per square foot is the price for 5901 7th Avenue, Brooklyn, NY 11220.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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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.

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