New York City  »  11220  »  7th Ave  »  5423 7th Ave

5423 7th Avenue, Brooklyn, NY 11220 - Property report

Also known as: 701-707 55th St

Property image for 5423 7th Avenue, Brooklyn, NY 11220
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Property type

Special Condominium Billing Lot (R0)

Year built

2005

Lot sq. ft.

2,517

General information

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Due to this address' parcel subdivisions, this property report may contain limited information. For the full range of property data, view the property report of each individual parcel.

Address
Primary address
5423 7th Avenue
Alternate address(es)
701-707 55th St
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00826-7501

Owner

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Building
Property type
Special Condominium Billing Lot (R0)
Building sq. ft.
15,628
Building dimensions
23.08 ft x 97.92 ft
Buildings on lot
1
Stories
6
Year built
2005
Basement
N
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
10
Residential sq. ft.
Commercial units
2
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
7 Avenue (wide)
55 Street (narrow)
Distance to wide street
Lot dimensions
25.17 ft x 100 ft
Lot sq. ft.
2,517

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
97 /100.  Rider's Paradise
Bike score
68 /100.  Bikeable
School district
15
Community district
7

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

Units for 5423 7th Avenue, Brooklyn, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 2A 06/21/2013 650
Unit 2B 08/15/2014 650
Unit 3A 02/25/2008 650
Unit 3B 06/20/2008 650
Unit 4A 03/10/2008 650
Unit 4B 04/14/2014 650
Unit 5A 03/24/2008 650
Unit 5B 05/26/2023 650
Unit 6A 01/28/2013 650
Unit 6B 06/19/2024 650
Unit CF1 04/10/2008 1,866
Unit CF2 04/10/2008 1,800

Ownership information for 5423 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 5423 7th Avenue, Brooklyn, NY 11220

No recently recorded sales for this property.

More about New York City property records.

Title documents

No recently recorded documents for this property.

Property taxes for 5423 7th Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

This is a condominium building, so there are no property taxes. In a condominium the property taxes are paid by the individual unit owners. If you want to see the property taxes for a particular unit, look at the property report for that unit.

Permit information for 5423 7th Avenue, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
05/08/2026 A
11/19/2025 I
06/13/2025 A

*Most recent HPD violations on record for this property.

Sunset Park residential market stats

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

Median sale price

$545,000

-2.7% Y-o-Y

Median price/sq. ft.

$806

-6.6% 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
-

Subway & traffic

Closest station
8th Ave & 62nd St at NW Corner
Station lines
N
Distance (miles)
0.367

Access the detailed traffic volume map for 5423 7th Avenue, Brooklyn, NY 11220 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. 94 The Henry Longfellow 4 Yes Public K-5 970 0.28
Our Lady Of Perpetual Help Elementary School NR No Private PK-8 214 0.30
Our Lady Of Perpetual Help Elementary School NR No Private PK-8 214 0.30
LEEP Dual Language Academy Charter School 7 No Charter K-3 387 0.30
School Of Creativity-Innovation 8 No Public PK, K-4 198 0.32
School Of Creativity-Innovation 8 No Public PK, K-4 198 0.32
Saint Agatha School NR No Private PK, K-8 193 0.34
Saint Agatha School NR No Private PK, K-8 193 0.34
BROOKLYN RISE CHARTER SCHOOL 5 No Charter K-3 210 0.35
Bay Ridge Christian Academy NR No Private PK-8 99 0.44
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 220 John J Pershing 7 Yes Public 6-8 1,229 0.40
Our Lady Of Perpetual Help Elementary School NR No Private PK-8 214 0.30
Saint Agatha School NR No Private PK, K-8 193 0.34
Bay Ridge Christian Academy NR No Private PK-8 99 0.44
Bais Chaya Esther NR No Private PK-11 207 0.47
Yeshiva Congregation Toras Yuf NR No Private PK, K-9 145 0.52
MS 936 ARTS OFF 3RD 8 No Public 6-8 445 0.68
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Yeshiva & Mesivta V'yoel Moshe NR No Private 9-12 702 0.47
Bais Chaya Esther NR No Private PK-11 207 0.47
Zichron Yehuda-Bais Simcha NR No Private 0 0.55
Congregation Biz Dushinsky NR No Private 60 0.59
Yeshiva Tiferes Shmiel d'ALEKSANDER NR No Private 9-12 177 0.65
High School of Telecommunication Arts and Technology 6 No Public 9-12 1,273 0.80
West Brooklyn Community High School 3 No Public 10-12 161 0.87

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

Frequently asked questions

What is the year built for 5423 7th Avenue, Brooklyn, NY 11220?

The development at 5423 7th Avenue, Brooklyn, NY 11220 was built in 2005.

What is the total square footage of 5423 7th Avenue, Brooklyn, NY 11220?

5423 7th Avenue, Brooklyn, NY 11220 has a total of 15,628 square feet.

How many residential units does this building have?

This building has 10 residential unit(s).

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