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Sunset Park Three-Family Property
For Sale
$2,999,000

5308 7th Ave, Brooklyn, NY 11220

Three-family property in Sunset Park with three-bedroom apartments.

Days on Market114

Property Features for 5308 7th Ave

General Information

Standard status Active
Property subtype Multi Family
Listing Agency: Womcore LLC dba Remax Edge
Listed By: Dao Bo (Paul) Lin · License #DL5775
Source: Elliman
Added: Apr 10 Changed: Jul 10 Last Checked: Jul 31 at 6:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Womcore LLC dba Remax Edge

Investment Insights

Based on property information with market context.

This is a three-family property located in the Sunset Park neighborhood. The building contains three apartments, each featuring three bedrooms. Each apartment has separate heat and hot water. The location offers convenient access to public transportation and is surrounded by businesses and amenities. The property may be suitable for investors and developers for redevelopment or repositioning. The bike score is 76, indicating it is very bikeable. The walk score is 95, designating it as a walker's paradise. The transit score is 95, classifying it as a rider's paradise.

Key Highlights

  • Prime location in the heart of Sunset Park on 7th Avenue.
  • Excellent access to public transportation (Rider's Paradise, transitScore: 95).
  • Three separate three‑bedroom apartments.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,331
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-family property in Sunset Park with three-bedroom apartments.
Where is this triplex located?
The property is located at 5308 7th Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: Prime location in the heart of Sunset Park on 7th Avenue.; Excellent access to public transportation (Rider's Paradise, transitScore: 95).; Three separate three‑bedroom apartments.
More about this property
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