5706 7th Ave, Brooklyn, NY, 11220
About This Home
Prime Mixed-Use Investment Opportunity in Brooklyn Introducing this solid brick mixed-use property located at 5706 7th Avenue in Brooklyn. The building features one commercial storefront and seven residential units, making it a strong income-producing asset. The commercial space currently has a lease in place with approximately three years remaining, providing stable cash flow. The property measures 25 × 75 on a 25 × 100 lot and is situated within an R7A zoning district. It also includes a fully finished basement, offering additional space for storage or potential future use. Each residential unit is equipped with separate heating systems and its own boiler, ensuring efficiency and tenant convenience. Located in a high-demand area with excellent access to transportation, shopping, and local amenities, this property presents an outstanding investment opportunity with strong income potential and long-term upside.
Getting Around
Walker's Paradise
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1925
Materials
- Foundation: Block
- Roof: Flat
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Property subType: Mixed Use
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Finished
Features
- Flooring: Tile
Heating
- Heating features: Natural Gas,Steam/Radiator
Interior Area
- Total structure area: 6,700
- Total interior livable area: 6,700 sqft
Property
Details
- Attached to another structure: Yes
- Zoning: R7A
- Special condition: Arm's Length
- Foundation area: 1875
Features
- Stories: 4
Lot
- Lot size: 2,500 sqft
- Lot size dimensions: 25x100
Parking
- Parking features: Street,None
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $23,260 | $279,120 |
| Home Insurance * | $1,098 | $13,176 |
| Property Taxes | $2,146 | $25,752 |
| Electricity | $1,107 | $13,286 |
| Total | $27,611 | $331,332 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-30 | Listed for sale | $4,600,000 |
| 2026-01-16 | Listing removed | $4,880,000 |
| 2025-08-05 | Listed for sale | $4,880,000 |
| 2025-07-11 | Listing removed | $4,880,000 |
| 2025-01-02 | Price change | $4,880,000 |
| 2024-12-11 | Price change | $4,500,000 |
| 2024-09-18 | Price change | $4,880,000 |
| 2024-07-09 | Listed for sale | $5,200,000 |
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