5002 3rd Ave, Brooklyn, NY 11220
Property image
Property image
OFF MARKET

$1,305,100

Trulia Estimate
  • Studio
  • 7,081 sqft

5002 3rd Ave, Brooklyn, NY 11220

Sunset Park
Est. Refi. Payment $7,416/mo*
Refinance Your Home

Home Value

Trulia Estimate
$1.3M
Since last month
Decreased$11K (-0.8%)
Since last year
Decreased$128K (-8.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +4% in the last 10 years
MonthEstimated value
2026
August 2026$1.31M
July 2026$1.32M
June 2026$1.34M
May 2026$1.26M
April 2026$1.23M
March 2026$1.33M
February 2026$1.31M
January 2026$1.35M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
543 49th St, Brooklyn, NY
0.39
Multi-Family Home
$1,480,000
05/05/26
16
8
6,348
248 49th St, Brooklyn, NY
0.07
Multi-Family Home
$850,000
05/07/26
-
2,484
416 50th St, Brooklyn, NY
0.20
Multi-Family Home
$1,405,000
04/22/26
6
3
3,180
459 42nd St, Brooklyn, NY
0.49
Multi-Family Home
$1,099,000
04/21/26
24
8
6,668
347 52nd St, Brooklyn, NY
0.12
Multi-Family Home
$1,125,000
12/11/25
-
2,190
345 46th St, Brooklyn, NY
0.24
Multi-Family Home
$930,000
04/08/26
8
3
2,700
353 54th St, Brooklyn, NY
0.21
Multi-Family Home
$1,200,000
12/11/25
3
2,040
361 48th St, Brooklyn, NY
0.17
Multi-Family Home
$1
09/05/25
-
1,940
337 59th St, Brooklyn, NY
0.43
Multi-Family Home
$998,000
04/20/26
-
4,560
445 52nd St, Brooklyn, NY
0.25
Multi-Family Home
$1,438,000
07/31/26
5
3.5
2,232

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5004 3rd Ave, Brooklyn, NY 11220
0.00
$2,090,000
11
5
4,818
For Sale
255 50th Street, Brooklyn, NY 11220
0.04
$1,205,900
4
3
1,819
Off Market
314 49th St, Brooklyn, NY 11220
0.06
$2,100,000
-
-
-
Recently Sold
257 49th St, Brooklyn, NY 11220
0.08
$1,186,600
7
3
2,000
Off Market
330 E 49th Street #9J, Brooklyn, NY 11220
0.08
-
1
1
615
Off Market
321 49th St, Brooklyn, NY 11220
0.09
$1,131,000
Studio
1
-
Off Market
333 51st St #2, Brooklyn, NY 11220
0.08
-
9
3.5
3,000
Off Market
346 50th St, Brooklyn, NY 11220
0.09
$1,371,700
7
4
2,520
Off Market
341 51st St, Brooklyn, NY 11220
0.09
-
8
2
2,880
Off Market
529 51st St, Brooklyn, NY 11220
0.10
$1,800,000
Studio
9
7,140
For Sale
354 49th St, Brooklyn, NY 11220
0.12
$1,324,888
10
4
2,700
For Sale
333 48th St, Brooklyn, NY 11220
0.14
$1,453,400
8
3
3,120
Off Market

Local Information

  • Map ViewExplore the area around 5002 3rd Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1931
Living Area
7,081 sqft
Price/Sqft
$184

About this House

OVER 6% CAP RATE - This lovely Semi-Detached corner building is located in the heart of Sunset Park, Brooklyn! The building comes with 6 Units and 2 Commercial Units on the ground floor. Each apartment is a 1 Bedroom (or 2 bedroom railroad style) & 1 Bathroom . This building is conveniently located minutes away from downtown Brooklyn & Manhattan. The tremendous building is in the 20th School District, close to a wide variety of shopping, restaurants, parks, playgrounds and public transportation (B11, B37, N & R Trains) Perfect for Investors. Motivated seller, please send all offers!
5002 3rd Ave, Brooklyn, NY 11220 is a studio, 7,081 sqft multi-family in Sunset Park, built in 1931. More recently, it was listed as a rental in December 2012 with an asking price of $2,200 per month. That rental listing was removed on February 15, 2013. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,305,100, with a rent estimate of $3,264/month.

Home Details for 5002 3rd Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 4Floors: Hardwood

Property Information

Year Built
Year Built: 1931Year Updated: 1931
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 8

Lot Information

Lot Area: 2613 sqft

Price and Tax history

DateEventPrice
Dec 18, 2020
Source: Agent Provided
ListingRemoved
$1,799,000
Jun 19, 2020
Source: Agent Provided
Listed For Sale
$1,799,000
May 1, 2020
Source: Agent Provided
ListingRemoved
$1,999,000
Dec 13, 2019
Source: Agent Provided
PriceChange
$1,999,000
Price decreased by 4%
Nov 1, 2019
Source: Agent Provided
Listed For Sale
$2,090,000

Market trends in New York

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$794K
$26.67KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$679
$26MoM
Available listings
17724
933MoM

Around this home

Neighborhood Overview

Sunset Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Sunset Park

At least 955 Trulia users voted on each feature.

  • 87 % Say there are sidewalks

  • 84 % Say it's walkable to grocery stores

  • 83 % Say it's walkable to restaurants

  • 79 % Say it's dog friendly

  • 74 % Say streets are well-lit

  • 66 % Say kids play outside

  • 59 % Say people would walk alone at night

  • 58 % Say there's holiday spirit

  • 55 % Say they plan to stay for at least 5 years

  • 54 % Say yards are well-kept

  • 50 % Say there are community events

  • 49 % Say neighbors are friendly

  • 39 % Say it's quiet

  • 34 % Say car is needed

  • 32 % Say there's wildlife

  • 26 % Say parking is easy

Sourced by Trulia users. Learn more about our methodology.
  • Justin j Sweberg
    "The fact that people get along and love each other oh so much oh would love to move to nyc and be a New Yorker"
    0
    Flag
  • Anna M.
    "I’ve lived in this neighborhood my whole life and it’s home. So many places to go to everything is so conveniently located it can be loud at times but loud with music and people just being happy yes there is the occasional drunk but they don’t really bother. Sunset park is a fusion of many cultures and amazing foods. We are proud of our neighborhood sunset park."
    3
    Flag
  • Yesenia.h723
    "I was born and raised in sunset park. It has changed over the years but there’s no place like it. I think the most unique thing about sunset park is all the different foods that’s are in each corner."
    10
    Flag
  • Knativo
    "Too much noise all around everywhere. Noisy neighbors inside and out of the buildings, drunk people often passed out on the street. People severely lacking civic pride for a neighborhood that has so much natural beauty and potential to be better"
    0
    Flag
  • Trulia User
    "I have lived here over 1 year. The parks are nice and conveniently close. In general the neighborhood is very quiet. "
    4
    Flag
  • Trulia User
    "I plan to move soon. It’s not safe. The sidewalks are always filthy. People are not friendly. No sense of security. Always have to look over your shoulder."
    14
    Flag
  • Trulia User
    "there is a lot of parking problem. park is beautiful but too much people. there are good restaurants if you are single maybe livable area. it's close waterside. 10 minutes to Dumbo "
    2
    Flag
  • Trulia User
    "This is good place . I used to live here before . My kids are growing up here . They go to school here "
    2
    Flag
  • Trulia User
    "I know this neighborhood.. for years.. and year's.. and it gets better every day.. Many people.many stores.. doesn't matter if.people .knows you or . they. talk to you. they say hola.. I'm happy here "
    3
    Flag
  • Trulia User
    "lots of restaurants. store's.ost everything you need.u can't find it here.. we have supermarkets.. friendly people.. it's a good . place to live.. no complaints. just stepped out side and get wat u need.whit no problens.at All.. I like it. "
    1
    Flag
  • Trulia User
    "Everybody is great we work as a team. You can borrow (cup of sugar etc.) There’s a park up the block always full of kids with there parents."
    2
    Flag
  • Trulia User
    "this neighborhood.is very up coming.. lots of restaurants. coffee shops.. lots of shooting stores.. most everything you need.u find it..here.. don't have the need to.. shop.else we're.. it's a happy neighborhood "
    2
    Flag
  • Trulia User
    "very diverse and good location, very congested at times and neighbor has a rooster , hens and a dog ."
    1
    Flag
  • Trulia User
    "the people that live here is awesome. The business are great and convenient for the people that live here."
    0
    Flag
  • Trulia User
    "Dog owners would not like to see other dogs walking without a leash. Also, not everyone cleans up after their dogs. "
    0
    Flag
  • Trulia User
    "It’s close to sunset park a good area to walk your dog but some owners don’t pick up after their dogs "
    0
    Flag
  • Trulia User
    "train and bus at every corner, get downtown in 20 Mins or manhatten In 30. bqe and verrazano are right there. 45 mins to get across the George Washington Bridge. 2 hours to philadelphia. pretty much perfect place to leave from. "
    0
    Flag
  • Trulia User
    "Gear diverse neighborhood. There are a ton of local shops with plenty of things to explore in the neighborhood."
    0
    Flag
  • Trulia User
    "Easy to move around and use transportation great schools hard to find parking walk to any store hospitals tea stations buses and more "
    0
    Flag
  • Trulia User
    "There are a few events throughout the year, at the park and at 5av. But the neighborhood could be better. "
    0
    Flag
  • Trulia User
    "Sunset Park is a family neighborhood with a great park with wonderful views. District 15 is a great school district too. "
    0
    Flag
  • Trulia User
    "The community is diversified and transient. It could be better if neighbors would work together to keep the area clean and clutter free. Ie not hanging food products or laundry in the front of their homes creating poor curb appeal. "
    0
    Flag
  • Trulia User
    "The neighborhood has been changed and I’ve been here for 20 years and little by little it has been changing for the best I’m happy to be living in an historical neighborhood"
    0
    Flag
  • Lizzy
    "It’s a very “pet” dense neighborhood. I even see cats on leashes at times haha Too bad there isn’t a designated dog park or area here so that the fur babies have room to run. Such a shame since there are so many dogs."
    12
    Flag
  • Selenny J.
    "I love this area, I live here for almost 5 years, and I love this area. The school are good for child"
    3
    Flag
  • Gilbertmods818
    "great acces to transportation ,a lot of means to work around the area. beautiful parks ,multi cultural area, good shopping area enough stores around for most basic needs. good bars ,most people rent and there a thriving economy un the neighborhood always nee shops popping in and out and always diversity of things to do"
    1
    Flag
  • Bibiana M.
    "It’s a nice place to live in, as it’s full of diversity. Sunset Park is home, regardless if leave for a while you always come back for something, food or the people. "
    1
    Flag
  • Carmen
    "Great food, great views, great neighbors! Sunset Park offers it all. You couldn’t ask for a better neighborhood!"
    0
    Flag
  • Suzan L.
    "There are plenty of parks nearby to walk your dog. Unfortunately, there is too much garbage and trash on the floor so new dogs have a tendency of sniffing/eating garbage."
    0
    Flag
  • Jjsc1owl
    "It’s an awesome community has been changing drastically for the best there is still some cleaning up to do but it takes time on that we hope we are able to do the good cleanup specially in Sunset Park"
    1
    Flag
  • Melanie D.
    "The beautiful park really brings our diverse neighborhood together. It is a very family forward neighborhood. "
    0
    Flag
  • Jenniferlicata2
    "I commute via subway to work. It’s a short commute and the trains are reliable, and lately they have been clean."
    1
    Flag
  • Chantal M.
    "It’s very friendly and a great place to walk your dog. Quiet and clean area at times. There isn’t that many dog parks in the area but a good walk around the neighborhood will get the job done"
    1
    Flag
  • Daisy A.
    "It’s pretty clean n safe. The sidewalks are mostly clean n everyone that I’ve noticed always clean up after their dogs. Very nice place "
    0
    Flag
  • Stacey F.
    "High priced apartments, everything is found locally including transportation and gym. Usually a quiet neighborhood and good Samaritans"
    0
    Flag
  • Kchi63
    "5 of may, cultural events at park , traditional Chinese parade, movie theater at sunset park. Sports under rooftop."
    0
    Flag
  • Bklynmom9206
    "Easy I walk to work. I work for one of the near by medical facilities and it’s all within walking distance. "
    0
    Flag
  • S.Y
    "Good neighbor and a lot of schools around here. The Sunset park is really nice and have great view. However busy streets have a lot of traffic so be careful."
    0
    Flag
  • Stephanie M.
    "There’s always events in the the park near by and fifth ave events when the summer is here. Even the festivals we have are welcoming. I would say the best thing about my neighborhood is the block parties in different blocks. "
    1
    Flag
  • Maria T. F.
    "This place used to be horrible and it’s gotten better over the years. The neighborhood is very lively and can be overwhelming for some, because they might have to deal with loud neighbors or loud music playing outside late summer nights. The schools in the area are actually not bad. "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5002 3rd Ave

  • What is 5002 3rd Ave estimated to be worth?
    Trulia's estimated value for 5002 3rd Ave in Brooklyn, NY is $1,305,100.
  • Is Brooklyn a buyer's or seller's market?
    Brooklyn is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Brooklyn?
    The median sale price in Brooklyn is $794K. That is up $26.67K from the prior month.
  • What do residents say about the Sunset Park neighborhood?
    Residents describe the Sunset Park neighborhood in Brooklyn, NY as pedestrian-friendly, walkable to grocery stores, and walkable to restaurants. See recently sold homes in Sunset Park, Brooklyn.

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