New York City  »  11223  »  Avenue R  »  702 Avenue R

702 Avenue R, Brooklyn, NY 11223 - Property report

Also known as: 1873-1883 E 7th St

Property image for 702 Avenue R, Brooklyn, NY 11223
static Mapbox map

Property type

Two Family Converted from One Family (B3)

Year built

1925

Lot sq. ft.

4,000

General information

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Address
Primary address
702 Avenue R
Alternate address(es)
1873-1883 E 7th St
ZIP code
11223
Neighborhood
Homecrest
Borough
Brooklyn
Block & lot
06683-0001

Owner

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Building
Property type
Two Family Converted from One Family (B3)
Building sq. ft.
2,466
Building dimensions
18 ft x 56 ft
Buildings on lot
1
Stories
2
Year built
1925
Building material
Frame
Exterior wall
Stucco
Basement
4
Tax
Tax year
2026-2027
Property tax
$14,180
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 7 Street (narrow)
Avenue R (narrow)
Nearest wide street
Avenue R
Distance to wide street
Lot dimensions
40 ft x 100 ft
Lot sq. ft.
4,000

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
95 /100.  Rider's Paradise
Bike score
73 /100.  Very Bikeable
School district
21
Community district
15
Closest police station
0.75 Miles
Closest fire station
0.44 Miles

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

Ownership information for 702 Avenue R, Brooklyn, NY

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

Sales history for 702 Avenue R, Brooklyn, NY 11223

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/04/2023 - R
06/01/2023 - D
Assignment, Mortgage
(2023063000381003)
XXXXXXXXXX XXXXXXX XXXX XXXXXXX XXX XXXX XXXXX XXXXXX XXX
08/04/2023 - R
05/02/2023 - D
Assignment, Mortgage
(2023063000381002)
XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX XXXXXXXXXX XXXXXXX XXXX XXXXXXX XXX
08/04/2023 - R
04/20/2023 - D
Assignment, Mortgage
(2023063000381001)
X XXXXX XXXX XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX
04/21/2020 - R
02/11/2020 - D
Mortgage and Consolidation
(2020042100632001)
XXXX XXXXX XX XXXX
05/06/2014 - R
04/09/2014 - D
Assignment, Mortgage
(2014042100062001)
XXXXXX XXXXXXXXX XXXXXXX XXXX XXXXXX XXXX
06/05/2013 - R
03/27/2013 - D
Assignment, Mortgage
(2013042200113001)
XXXXXXXXXXXX XXXXXXXX XXXX XXXXXXXX XXXXXXX XXX XXXX
08/16/2012 - R
07/10/2012 - D
Assignment, Mortgage
(2012080801059001)
XXXX XX XXXXXXX XX XXXX
06/12/2007 - R
05/21/2007 - D
Mortgage
(2007053001073001)
XXXX XXXXX
01/08/2007 - R
10/31/2006 - D
Agreement
(2006111400038003)
XXXX XXXXX XXXXXXXXXXXX XXXXXXXX XXXX XXXXXXXX XXXXXXX XXX
01/08/2007 - R
10/24/2006 - D
Assignment, Mortgage
(2006111400038001)
XXXXXXXXXX XXXXXXXX XXXXXXX XX X XXXXXXXXXXXX XXXXXXXX XXXX XXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 702 Avenue R, 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
$14,180
Municipal exemptions
Recent tax assessments
Market value
$3,445,000
Assessed value
$206,700

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 $3,271,000 $196,260 $67,801 19.843% $13,454 $13,454 +4.09%
2024/25 $3,489,000 $209,340 $64,350 20.085% $12,925 $12,925 0.00%
2023/24 $3,084,000 $185,040 $64,350 20.085% $12,925 $12,925 +1.36%
2022/23 $2,663,000 $159,780 $62,784 20.309% $12,751 $12,751 +7.26%
2021/22 $2,122,000 $127,320 $59,551 19.963% $11,888 $11,888 -0.02%
2020/21 $2,158,000 $129,480 $56,501 21.045% $11,891 $11,891 +4.76%
2019/20 $2,386,000 $143,160 $53,625 21.167% $11,351 $11,351 +1.19%
2018/19 $1,976,000 $118,560 $53,625 20.919% $11,218 $11,218 +5.18%
2017/18 $1,695,000 $101,700 $52,320 20.385% $10,665 $10,665 +7.51%
2016/17 $1,642,000 $98,520 $49,626 19.991% $9,921 $9,921 +7.75%

Permit information for 702 Avenue R, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
01/17/2007 Alteration type 1
11/20/2006 Full demolition

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Homecrest residential market stats

Access a detailed real estate market overview of Homecrest so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Homecrest and compare it to other neighborhoods in Brooklyn.

Median sale price

$655,000

-11.1% Y-o-Y

Median price/sq. ft.

$654

-5% Y-o-Y

Brooklyn median sale price

$899,000

6% 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
5

Subway & traffic

Closest station
McDonald Ave & Kings Hwy at SE Corner
Station lines
F
Distance (miles)
0.368

Access the detailed traffic volume map for 702 Avenue R, Brooklyn, NY 11223 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 238 Anne Sullivan 4 Yes Public PK, K-8 592 0.27
P.S. 238 Anne Sullivan 4 Yes Public PK, K-8 592 0.27
Mirrer Yeshiva Educational Institute NR No Private PK-8 360 0.06
Mirrer Yeshiva Educational Institute NR No Private PK-8 360 0.06
Mirrer Yeshiva High School NR No Private PK-12 359 0.06
Mirrer Yeshiva High School NR No Private PK-12 359 0.06
Ahaba Ve Ahva Cong & Yeshiva NR No Private PK, K-9 0 0.20
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 238 Anne Sullivan 4 Yes Public PK, K-8 592 0.27
Mirrer Yeshiva Educational Institute NR No Private PK-8 360 0.06
Mirrer Yeshiva High School NR No Private PK-12 359 0.06
Ahaba Ve Ahva Cong & Yeshiva NR No Private PK, K-9 0 0.20
Ahaba Ve Ahava NR No Private PK, K-10 93 0.21
Bet Yaakov Ateret Torah NR No Private K-8 664 0.23
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Mirrer Yeshiva High School NR No Private PK-12 359 0.06
B'not Rachel High School For Girls NR No Private 9-12 80 0.12
Yeshive Ateret Tech Girls High School NR No Private 9-12 0 0.19
Ahaba Ve Ahava NR No Private PK, K-10 93 0.21
Yeshiva Steret Tech Girls High School NR No Private 9-12 208 0.23

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 702 Avenue R, Brooklyn, NY 11223?

The development at 702 Avenue R, Brooklyn, NY 11223 was built in 1925.

What is the total square footage of 702 Avenue R, Brooklyn, NY 11223?

702 Avenue R, Brooklyn, NY 11223 has a total of 2,466 square feet.

What is the assessed value of 702 Avenue R, Brooklyn, NY 11223?

702 Avenue R, Brooklyn, NY 11223 is currently assessed at $206,700.

What are the property taxes for 702 Avenue R, Brooklyn, NY 11223?

The property taxes for 702 Avenue R, Brooklyn, NY 11223 total $14,180.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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