Address
5301 7th Avenue, Brooklyn, NY
Price
$ 4,990,000
Property Attributes
  • MLS#503979
  • TypeCommercial
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodSunset Park
  • Zip11220
  • StyleCommercial
  • Year Built1899
  • Taxes$ 58930
  • Price$ 4,990,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6970
  • Lot Size0.034894 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

Prime Sunset Park Commercial Opportunity! Excellent opportunity to own a commercial property in the heart of Sunset Park. Located at 5301 7th Avenue, this property features 4 floors, with a building size of approximately 19×80 on a 19×80 lot. The property offers potential for conversion to residential use, subject to applicable zoning, permits, and approvals. Situated along a busy commercial corridor with strong visibility and conveniently located near 8th Avenue, schools, supermarkets, shopping, restaurants, and public transportation. A great opportunity for investors, developers, business owners, or end users looking to establish or expand their presence in one of Brooklyn’s active neighborhoods. Don't miss this opportunity to own a commercial property in Sunset Park!

Price History
8/22/2026 Listed $4,990,000

General Features

Net Operating Income 276570.00
Equipment Included Call Listing Agent.
Ceiling Height Other
Roof Flat
current use Other
Zoning R7A
Stories Count 4
Property Type Commercial
Block 818
Cap Rate 0.06
Lot Number 11
Yearly Taxes 58930.00
Transaction Type Sale
Insurance Expense 12000.00
Utility Expense 5000.00
Gross Expense 83430.00
Financing Bank Mortgage,Cash
Building Type Semi-Detached
Gross Income 360000
Status Active
Fuel Expense 3500.00
Construction Materials Brick
Cumulative Days on Market 32
MLS Area Sunset Park
Sub Type Commercial
Year Built 1899
City Brooklyn
Borough Brooklyn
Number Of Stores 1
DOM 32
Sale Type Arm's Length
Public Remarks Prime Sunset Park Commercial Opportunity! Excellent opportunity to own a commercial property in the heart of Sunset Park. Located at 5301 7th Avenue,this property features 4 floors,with a building

Interior Features

Walls Other
Sq Ft Total 6970
AC Units 5+
Lavatories None
Basement Amenities Finished,Full
Commercial Features Exterior None
Commercial Features Interior None

Exterior Features

Potential Use Other
Foundation Poured Concrete
Lot Sq Ft 1520
Loading Docks None
Building Length 80.00
Building Width 19.00
Property Panorama YN Yes
Lot Size Length 80
Lot Size Width 19
Parking Attrib None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 11220

Price
AVG $1.48M
$4.99M
Taxes
AVG $23,318
$58,930
Year Built
AVG 1979
1899
Visits
AVG 112
35
Data Provided by Inside Real Estate®
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