New York City » 11232 » 7th Ave » 3924 7th Ave

3924 7th Avenue, Brooklyn, NY 11232 - Property report

Also known as: 675-677 40th St

Property image for 3924 7th Avenue, Brooklyn, NY 11232

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1930

Lot sq. ft.

1,613

Sale price

$1,450,000

General information

Address

Primary address

3924 7th Avenue

Alternate address(es)

675-677 40th St
679-683 40th St

ZIP code

11232

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00914-0043

Building

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Building sq. ft.

4,839

Building dimensions

20.17 ft x 80 ft

Buildings on lot

Stories

Year built

1930

Building material

Sales

Sale date

06/28/2007

Sale price

$1,450,000

Tax

Tax year

2026-2027

Property tax

$8,144

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

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

87 /100. Very Walkable

Transit score

91 /100. Rider's Paradise

Bike score

60 /100. Bikeable

School district

Community district

Closest police station

0.66 Miles

Closest fire station

0.35 Miles

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

Ownership

Ownership information for 3924 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 3924 7th Avenue, Brooklyn, NY 11232

Sale date	Sale price	Buyer name	Seller name
06/28/2007	$1,450,000	XXXXX, XXXXXXX X XXX XXXXX, XXXXXX X	XXXXXXXXXX, XXXXX X X X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/21/2022 - R	UCC3 Continuation (2022011900795001)	XXXXX XXXXXXX X	XXXXXXXX XXXX
06/06/2017 - R	Initial UCC1 (2017060500846005)	XXXXX XXXXXXX X	XXXXXXXX XXXX
06/06/2017 - R 05/31/2017 - D	Assignment of Leases and Rents (2017060500846004)	XXXXX XXXXXXX X	XXXXXXXX XXXX
06/06/2017 - R 05/31/2017 - D	Agreement (2017060500846003)	XXXXX XXXXXXX X	XXXXXXXX XXXX
06/06/2017 - R 05/31/2017 - D	Mortgage (2017060500846002)	XXXXX XXXXXXX X	XXXXXXXX XXXX
06/06/2017 - R 05/22/2017 - D	Assignment, Mortgage (2017060500846001)	XXXXXXXXXX XXXXXXXX XXXXXXX XXX	XXXXXXXX XXXX
07/12/2007 - R 06/28/2007 - D	Mortgage (2007070201596002)	XXXXX XXXXXXX X	XXXXXXXXXX XXXXXXXX XXXXXXX XX X
07/12/2007 - R 06/28/2007 - D	Deed (2007070201596001)	XXXXXXXXXX XXXXX X X X	XXXXX XXXXXXX X
02/14/2007 - R 01/30/2007 - D	Satisfaction of Mortgage (2007020801120001)	XXXXXXXXXX XX XXXXX X	XXXXXX XXXXXXX XXXXXXX XXXX
12/05/1994 - R	Assignment, Mortgage (3910004533891)	XXXXX XXXXX XXXXXXXXXXX	XXXXXX XXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 3924 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

$8,144

Municipal exemptions

Recent tax assessments

Market value

$876,000

Assessed value

$394,200

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	$752,000	$338,400	$60,626	12.439%	$7,541	$7,541	+7.47%
2024/25	$627,000	$282,150	$56,137	12.5%	$7,017	$7,017	-0.02%
2023/24	$583,000	$262,350	$56,137	12.502%	$7,018	$7,018	+5.19%
2022/23	$602,000	$270,900	$54,392	12.267%	$6,672	$6,672	+8.28%
2021/22	$708,000	$318,600	$50,365	12.235%	$6,162	$6,162	+7.71%
2020/21	$708,000	$318,600	$46,635	12.267%	$5,721	$5,721	+6.21%
2019/20	$884,800	$398,160	$43,182	12.473%	$5,386	$5,386	-1.10%
2018/19	$1,106,000	$497,700	$43,182	12.612%	$5,446	$5,446	+2.34%
2017/18	$1,044,000	$469,800	$41,840	12.719%	$5,322	$5,322	+6.55%
2016/17	$946,000	$425,700	$38,742	12.892%	$4,995	$4,995	+8.07%

Permits

Permit information for 3924 7th Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
09/09/2017	Alteration type 3
08/22/2007	Alteration type 2
10/23/1992	Alteration type 2
09/22/1992	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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

9th Ave & New Utrecht Ave at NE Corner

Station lines

Distance (miles)

0.329

View subway map

Access the detailed traffic volume map for 3924 7th Avenue, Brooklyn, NY 11232 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 3924 7th Avenue, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10038, 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 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 3924 7th Avenue, Brooklyn, NY 11232?

The development at 3924 7th Avenue, Brooklyn, NY 11232 was built in 1930.

What is the market value of 3924 7th Avenue, Brooklyn, NY 11232?

The current market value of 3924 7th Avenue, Brooklyn, NY 11232 is $876,000.

What is the total square footage of 3924 7th Avenue, Brooklyn, NY 11232?

3924 7th Avenue, Brooklyn, NY 11232 has a total of 4,839 square feet.

What is the price per square foot for this property?

$299 per square foot is the price for 3924 7th Avenue, Brooklyn, NY 11232.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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.