Kings  »  11218  »  Avenue C  »  701 Avenue C

701 Avenue C, Brooklyn, NY 11218 - Property report

Also known as: 431-437 E 7th St

Property image for 701 Avenue C, Brooklyn, NY 11218
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1923

Lot sq. ft.

12,050

Sale price

$7,925,000

General information

Unlock this property report with a free account

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
701 Avenue C
Alternate address(es)
431-437 E 7th St
701-713 Avenue C
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05359-0049

Owner

Find out who owns 701 Avenue C, Brooklyn, NY 11218. Uncover corporate and individual owners with a free account.

Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
42,000
Building dimensions
110 ft x 100 ft
Buildings on lot
1
Stories
4
Year built
1923
Building material
Sales
Sale date
01/13/2022
Sale price
$7,925,000
Tax
Tax year
2026-2027
Property tax
$119,810
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
46
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
120.5 ft x 100 ft
Lot sq. ft.
12,050

Area overview

Walk score
82 /100.  Very Walkable
Transit score
98 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
20
Community district
12
Closest police station
0.74 Miles
Closest fire station
0.28 Miles

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

Ownership information for 701 Avenue C, 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

Sales history for 701 Avenue C, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
01/13/2022 $7,925,000 XXXX XXX XXXXXX X XXX XXX XXXXXXXX XXX
06/28/2010 $4,670,000 XXX XXXXXXXX XXX XXX X XXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/14/2022 - R
09/21/2022 - D
Deed
(2022100100009001)
XXXX XXX XXXXXX X XXX XXXX XXXX XXXXXXXXXX XXX
02/15/2022 - R UCC3 Termination
(2022021000677006)
XXX XXXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
02/15/2022 - R UCC3 Termination
(2022021000677005)
XXX XXXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
02/15/2022 - R UCC3 Termination
(2022021000677004)
XXX XXXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
02/15/2022 - R Initial UCC1
(2022021000410006)
XXX XXXXX XXX XXXXXXX XXXXXXXXX XXXX
02/15/2022 - R
01/13/2022 - D
Assignment of Leases and Rents
(2022021000410005)
XXXX XXX XXXXXX X XXX XXXXXXX XXXXXXXXX XXXX
02/15/2022 - R
01/13/2022 - D
Agreement
(2022021000410004)
XXXX XXX XXXXXX X XXX XXXXXXX XXXXXXXXX XXXX
02/15/2022 - R
01/13/2022 - D
Mortgage
(2022021000410003)
XXXX XXX XXXXXX X XXX XXXXXXX XXXXXXXXX XXXX
02/15/2022 - R
01/13/2022 - D
Deed
(2022021000410001)
XXX XXXXXXXX XXX XXXX XXX XXXXXX X XXX
02/15/2022 - R
01/04/2022 - D
Termination of Assign of L&R
(2022021000677003)
XXX XXXX XXXXXXXXX XXXX XXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 701 Avenue C, 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
$119,810
Municipal exemptions
Recent tax assessments
Market value
$2,571,000
Assessed value
$1,156,950

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 $2,055,000 $924,750 $884,340 12.439% $110,003 $110,003 +7.22%
2024/25 $1,824,000 $820,800 $820,800 12.5% $102,600 $102,600 -13.60%
2023/24 $2,123,000 $955,350 $949,860 12.502% $118,751 $118,751 +1.04%
2022/23 $2,129,000 $958,050 $958,050 12.267% $117,524 $117,524 +25.93%
2021/22 $1,695,000 $762,750 $762,750 12.235% $93,322 $93,322 -22.49%
2020/21 $2,271,000 $1,021,950 $981,540 12.267% $120,406 $120,406 +7.40%
2019/20 $2,336,000 $1,051,200 $898,830 12.473% $112,111 $112,111 +9.89%
2018/19 $2,255,000 $1,014,750 $808,920 12.612% $102,021 $102,021 +13.77%
2017/18 $2,064,000 $928,800 $705,060 12.719% $89,677 $89,677 +13.16%
2016/17 $1,980,000 $891,000 $614,700 12.892% $79,247 $79,247 +15.23%

Permit information for 701 Avenue C, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/15/2014 Lblvio-low pressure boiler
12/13/2011 Lblvio-low pressure boiler
12/31/2009 Lblvio-low pressure boiler

*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

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
McDonald Ave & Church Ave at SE Corner
Station lines
F
Distance (miles)
0.393

Access the detailed traffic volume map for 701 Avenue C, Brooklyn, NY 11218 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 701 Avenue C, Brooklyn, NY 11218?

The development at 701 Avenue C, Brooklyn, NY 11218 was built in 1923.

What is the total square footage of 701 Avenue C, Brooklyn, NY 11218?

701 Avenue C, Brooklyn, NY 11218 has a total of 42,000 square feet.

When was 701 Avenue C, Brooklyn, NY 11218 last sold and what was the sale price?

701 Avenue C, Brooklyn, NY 11218 was last sold on 01/13/2022 for $7,925,000.

What is the assessed value of 701 Avenue C, Brooklyn, NY 11218?

701 Avenue C, Brooklyn, NY 11218 is currently assessed at $1,156,950.

What are the property taxes for 701 Avenue C, Brooklyn, NY 11218?

The property taxes for 701 Avenue C, Brooklyn, NY 11218 total $119,809.

How many residential units does this building have?

This building has 46 residential unit(s).

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account