The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$3,300,000
137 7th Ave
Brooklyn, NY, 11215
View more Brooklyn, NY property pagesStudioBeds
7Baths
3,722Sqft
$887$/sqft
Listing Notes
This fabulous, centrally located Park Slope mixed-use building offers high rental income and is an excellent investment opportunity. Currently occupied by a successful restaurant and six studio apartments, this amazing mixed use property is situated in bustling prime, Park Slope surrounded by other successful Park Slope businesses. With the lower level, currently used as a restaurant prep and storage area and as a party room by the previous restaurant, this building is 4930 square feet. The building's proximity to Prospect Park, great shopping, the Brooklyn Museum and transportation makes it ideal for both investors and end users. Showings by appointment only.
Market Insights
Below nearby median-21%
$887/sqft vs a nearby median of $1127/sqft.
Nearby median$1127/sqft
Nearby properties12
Property size3,722 sqft
- -21% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,722 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$3.92M$3.57M – $4.28M · 50% confidence
vs ask $3.30M−$622k (−18.8%)
Asking price is about 18.8% below the fair value — likely to draw competing offers if it's still on market.
$1,127/sqft median across 9 tight comps × 3,722 sqft= $4.20M
- Open Class C HPD violations−$189k −4.5%
- Days-on-market gravity−$126k −3.0%
- Pre-war character+$105k +2.5%
- Virtually staged−$42k −1.0%
- Visible condition issues−$42k −1.0%
- Transit access+$21k +0.5%
Cumulative NYC adjustments−$273k−6.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 326 days
- Last price change
- No change recorded
- Listed
- Jun 20, 2025
- Photos
- 9 photos
- Property type
- single family
- Status
- for sale
Features & Amenities
Security FeaturesSingle StoryRental PropertyInvestment OpportunityShopping
Photos
Building Facts
- Year built
- 1920
- Stories
- 4
- Total units
- 7
- Residential units
- 6
- Building area
- 3,584 sqft
- Lot size
- 1,752 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- S5
From NYC public records where available.
Price History
May 4, 2026Initial record
$3,300,000for sale
Public Records
DOB violations4 open
5 total recorded against the building
HPD violations22 open
3 class C (immediately hazardous)
ACRIS documents55
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)29,819
Top: illegal parking
Top complaint types in ZIP 11215
- Illegal Parking6,063
- HEAT/HOT WATER2,144
- Street Condition1,124
- Noise - Residential944
- Snow or Ice941
Recent DOB
- Jun 30, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 20, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Apr 25, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Nov 8, 2019V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
Recent HPD
- Apr 30, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 19, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Jun 5, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Jan 12, 2025Class A · § 27-2046.1 HMC: POST A PROPER NOTICE OF CARBON MONOXIDE DETECTING DEVICE REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, IN A COMMON AREA OF A CLASS A MULTIPLE DWELLING N...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.