New York City  »  11223  »  Avenue W  »  701 Avenue W

701 Avenue W, Brooklyn, NY 11223 - Property report

Also known as: 2321-2331 E 7th St

Property image for 701 Avenue W, Brooklyn, NY 11223
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Property type

Large Suburban Residence (A3)

Year built

2002

Lot sq. ft.

6,000

General information

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Address
Primary address
701 Avenue W
Alternate address(es)
2321-2331 E 7th St
701-703 Avenue W
701-705 Avenue W
ZIP code
11223
Neighborhood
Sheepshead Bay
Borough
Brooklyn
Block & lot
07159-0053

Owner

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Building
Property type
Large Suburban Residence (A3)
Building sq. ft.
7,690
Building dimensions
72 ft x 40 ft
Buildings on lot
1
Stories
3
Year built
2002
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Tax
Tax year
2026-2027
Property tax
$28,041
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Avenue W (wide)
East 7 Street (narrow)
Distance to wide street
Lot dimensions
100 ft x 60 ft
Lot sq. ft.
6,000

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
90 /100.  Rider's Paradise
Bike score
78 /100.  Very Bikeable
School district
21
Community district
15
Closest police station
0.12 Miles
Closest fire station
0.31 Miles

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

Units for 701 Avenue W, Brooklyn, NY

Ownership

Ownership information for 701 Avenue W, Brooklyn, NY

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

Sales history for 701 Avenue W, 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
10/17/2019 - R
10/11/2019 - D		 Satisfaction of Mortgage
(2019101600105001)		 XXXXXXXX XXXX XXXXXXXXXXXXXXXX XXXXXXX XXXXX XXX
10/03/2019 - R
09/26/2019 - D		 Mortgage
(2019100301048001)		 XXXXXXXX XXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
10/05/2010 - R
08/24/2010 - D		 Satisfaction of Mortgage
(2010090801092001)		 XXXXXXXX XXXX XXXXX XXXX XXXXXXX XXX
08/26/2010 - R
08/13/2010 - D		 Mortgage
(2010082401221001)		 XXXXXXXX XXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
06/08/2001 - R Mortgage
(3080007687008)		 XXXXXXXX XXXX XXXXXXXX XXXXXXX XXXX
06/08/2001 - R Assignment, Mortgage
(3210007686821)		 XXXXXXXX XXXXXXX XXXX XXXXX XXXXXXXXX XXXXXXXX XXXXXXXXXXX
03/30/2001 - R
02/27/2001 - D		 Deed
(3120007584812)		 XXXX XXXX XXXXXXXX XXXX
06/19/1991 - R Satisfaction of Mortgage
(3330001621833)		 XXXX XXXX XXXXX XXXXXXXXX XXXXXX
09/09/1987 - R Mortgage
(3090001298409)		 XXXX XXXX XXXXX XXXXXXXXX XXXXXX
09/09/1987 - R Power of Attorney
(3080001298408)		 XXXX XXXX XXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 701 Avenue W, 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
$28,041
Municipal exemptions
Recent tax assessments
Market value
$8,686,000
Assessed value
$521,160

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 $7,404,000 $444,240 $133,315 19.843% $26,454 $26,454 -1.20%
2024/25 $7,932,000 $475,920 $133,315 20.085% $26,776 $26,776 +0.76%
2023/24 $6,991,000 $419,460 $132,316 20.085% $26,576 $26,576 +4.83%
2022/23 $5,750,000 $345,000 $124,826 20.309% $25,351 $25,351 +7.83%
2021/22 $5,302,000 $318,120 $117,761 19.963% $23,509 $23,509 +0.55%
2020/21 $5,352,000 $321,120 $111,096 21.045% $23,380 $23,380 -0.58%
2019/20 $4,292,000 $257,520 $111,096 21.167% $23,516 $23,516 +1.95%
2018/19 $3,847,000 $230,820 $110,263 20.919% $23,066 $23,066 +8.78%
2017/18 $2,473,000 $148,380 $104,022 20.385% $21,205 $21,205 +8.09%
2016/17 $2,083,000 $124,980 $98,134 19.991% $19,618 $19,618 +8.37%
Permits

Permit information for 701 Avenue W, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/22/2005 New building
02/14/2002 Alteration type 3
02/14/2002 Alteration type 3
12/14/2001 Full demolition
12/14/2001 Full demolition

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

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

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
3

Subway & traffic

Closest station
15th St & Gravesend Neck Rd at NE Corner
Station lines
B-Q
Distance (miles)
0.428
View subway map

Access the detailed traffic volume map for 701 Avenue W, 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. 209 Margaret Mead 6 Yes Public PK, K-8 729 0.49
P.S. 209 Margaret Mead 6 Yes Public PK, K-8 729 0.49
Ahi Ezer Yeshiva School NR No Private PK-8 149 0.25
Ahi Ezer Yeshiva School NR No Private PK-8 149 0.25
Our Lady of Grace Catholic Academy NR No Private PK-8 185 0.28
Our Lady of Grace Catholic Academy NR No Private PK-8 185 0.28
Yeshivat Or Hatorah NR No Private PK, K-12 44 0.37
P.S. 216 Arturo Toscanini 6 No Public PK, K-5 690 0.43
P.S. 216 Arturo Toscanini 6 No Public PK, K-5 690 0.43
P.S. 153 Homecrest 6 No Public PK, K-5 486 0.54
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 225 The Eileen E Zaglin 6 Yes Public PK, K-8 963 1.03
Ahi Ezer Yeshiva School NR No Private PK-8 149 0.25
Our Lady of Grace Catholic Academy NR No Private PK-8 185 0.28
Yeshivat Or Hatorah NR No Private PK, K-12 44 0.37
P.S. 209 Margaret Mead 6 No Public PK, K-8 729 0.49
Ahaba Ve Ahava NR No Private PK, K-10 93 0.56
Ahaba Ve Ahva Cong & Yeshiva NR No Private PK, K-9 0 0.56
P.S. 95 The Gravesend 7 No Public K-8 940 0.63
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Abraham Lincoln High School 4 Yes Public 9-12 2,129 0.80
Harma Inst of Secondary Education NR No Private 12 0 0.08
Torah Academy High School NR No Private 9-12 16 0.35
Torah Academy High School NR No Private 9-12 12 0.36
Yeshivat Or Hatorah NR No Private PK, K-12 44 0.37
Yeshivat Magen Abraham NR No Private 9-12 39 0.53
William E Grady Career And Technical Education High School 3 No Public 9-12 606 0.73

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

Neighbors for 701 Avenue W, Brooklyn, NY

702 Gravesend Neck Rd, Brooklyn 712 Gravesend Neck Rd, Brooklyn 724 Gravesend Neck Rd, Brooklyn 711 Gravesend Neck Rd, Brooklyn 715 Avenue W, Brooklyn 720 Gravesend Neck Rd, Brooklyn 706 Gravesend Neck Rd, Brooklyn 2285 E 7th St, Brooklyn 2281 E 7th St, Brooklyn 2277 E 7th St, Brooklyn 715 Gravesend Neck Rd, Brooklyn 708 Gravesend Neck Rd, Brooklyn 714 Gravesend Neck Rd, Brooklyn 703 Gravesend Neck Rd, Brooklyn 705 Gravesend Neck Rd, Brooklyn 709 Avenue W, Brooklyn 721 Avenue W, Brooklyn 713 Avenue W, Brooklyn 717 Avenue W, Brooklyn 735 Avenue W, Brooklyn

Nearby ZIP codes for 701 Avenue W, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11230, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 701 Avenue W, Brooklyn, NY 11223?

The development at 701 Avenue W, Brooklyn, NY 11223 was built in 2002.

What is the total square footage of 701 Avenue W, Brooklyn, NY 11223?

701 Avenue W, Brooklyn, NY 11223 has a total of 7,690 square feet.

What is the assessed value of 701 Avenue W, Brooklyn, NY 11223?

701 Avenue W, Brooklyn, NY 11223 is currently assessed at $521,160.

What are the property taxes for 701 Avenue W, Brooklyn, NY 11223?

The property taxes for 701 Avenue W, Brooklyn, NY 11223 total $28,040.

How many residential units does this building have?

This building has 1 residential unit(s).

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