Kings  »  11232  »  7th Ave  »  3921 7th Ave

3921 7th Avenue, Brooklyn, NY 11232 - Property report

Also known as: 701-711 40th St

Property image for 3921 7th Avenue, Brooklyn, NY 11232
static Mapbox map

Property type

Primarily Five to Six Family with One Store or Office (S5)

Year built

1935

Lot sq. ft.

2,533

Sale price

$850,000

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
3921 7th Avenue
Alternate address(es)
701-711 40th St
ZIP code
11232
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00915-0001

Owner

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Building
Property type
Primarily Five to Six Family with One Store or Office (S5)
Building sq. ft.
3,200
Building dimensions
20 ft x 70 ft
Buildings on lot
1
Stories
3
Year built
1935
Building material
Sales
Sale date
09/21/2005
Sale price
$850,000
Tax
Tax year
2026-2027
Property tax
$12,861
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
5
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25.33 ft x 100 ft
Lot sq. ft.
2,533

Area overview

Walk score
87 /100.  Very Walkable
Transit score
91 /100.  Rider's Paradise
Bike score
60 /100.  Bikeable
School district
15
Community district
7
Closest police station
0.68 Miles
Closest fire station
0.38 Miles

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

Ownership information for 3921 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 3921 7th Avenue, Brooklyn, NY 11232

Sale date Sale price Buyer name Seller name
09/21/2005 $850,000 XXX, XXX XXX XXXX, XXXXXX XXX XXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/17/2015 - R Initial UCC1
(2015091700302002)
XXXX XXXX XXXXXXXX XXX XXXXXXXXX XXXX
09/17/2015 - R UCC3 Termination
(2015091700302001)
XXX XXX XXX XXXXX XXXXXXXX XXXXXXXXXXXXX XXXX
10/22/2015 - R
09/09/2015 - D
Assignment of Leases and Rents
(2015091601369006)
XXXX XXXX XXXXXXXX XXX XXXXXXXXX XXXX
10/22/2015 - R
09/09/2015 - D
Agreement
(2015091601369005)
XXXX XXXX XXXXXXXX XXX XXXXXXXXX XXXX
10/22/2015 - R
09/09/2015 - D
Mortgage
(2015091601369004)
XXXX XXXX XXXXXXXX XXX XXXXXXXXX XXXX
10/22/2015 - R
09/09/2015 - D
Deed
(2015091601369001)
XXX XXX XXX XXXX XXXX XXXXXXXX XXX
10/22/2015 - R
09/03/2015 - D
Termination of Assign of L&R
(2015091601369007)
XXXXX XXXXXXXX XXXXXXXXXXXXX XXXX XXX XXX XXX
10/22/2015 - R
09/03/2015 - D
Assignment, Mortgage
(2015091601369003)
XXXXX XXXXXXXX XXXXXXXXXXXXX XXXX XXXXXXXXX XXXX
10/22/2015 - R
09/03/2015 - D
Assignment, Mortgage
(2015091601369002)
XXXXX XXXXXXXX XXXXXXXXXXXXX XXXX XXXXXXXXX XXXX
03/21/2014 - R Initial UCC1
(2014031000102008)
XXX XXX X XXXXX XXXXXXXX XXXXXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 3921 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
$12,861
Municipal exemptions
Recent tax assessments
Market value
$598,000
Assessed value
$269,100

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 $498,000 $224,100 $95,739 12.439% $11,909 $11,909 +7.47%
2024/25 $415,000 $186,750 $88,652 12.5% $11,082 $11,082 +7.93%
2023/24 $479,000 $215,550 $82,124 12.502% $10,267 $10,267 +1.92%
2022/23 $599,000 $269,550 $82,124 12.267% $10,074 $10,074 +3.53%
2021/22 $474,000 $213,300 $79,534 12.235% $9,731 $9,731 +7.71%
2020/21 $474,000 $213,300 $73,645 12.267% $9,034 $9,034 +6.21%
2019/20 $584,800 $263,160 $68,194 12.473% $8,506 $8,506 +6.76%
2018/19 $731,000 $328,950 $63,172 12.612% $7,967 $7,967 -0.84%
2017/18 $690,000 $310,500 $63,172 12.719% $8,035 $8,035 +1.87%
2016/17 $626,000 $281,700 $61,180 12.892% $7,887 $7,887 +8.07%

Permit information for 3921 7th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/11/2004 Alteration type 1
12/18/2001 Alteration type 3
12/18/2001 Alteration type 3
12/18/2001 Alteration type 3
08/07/2001 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*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
9th Ave & New Utrecht Ave at NE Corner
Station lines
D
Distance (miles)
0.299

Access the detailed traffic volume map for 3921 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

Frequently asked questions

What is the year built for 3921 7th Avenue, Brooklyn, NY 11232?

The development at 3921 7th Avenue, Brooklyn, NY 11232 was built in 1935.

What is the market value of 3921 7th Avenue, Brooklyn, NY 11232?

The current market value of 3921 7th Avenue, Brooklyn, NY 11232 is $598,000.

What is the total square footage of 3921 7th Avenue, Brooklyn, NY 11232?

3921 7th Avenue, Brooklyn, NY 11232 has a total of 3,200 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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