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7037 Colonial Rd

Brooklyn, NY 11209

5 bd 4 ba 2,850 sqft Built 1930 Lot 2,350 sqft multi_family
Most recent sale
$1,500,000
Jun 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 7, 2022 Sold $1,500,000 MLS #456313
Oct 12, 2021 Listed $1,499,000 MLS #456313
Feb 11, 1986 Sold $225,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $72,120 $16,200 $88,320 $12,143
2024 $72,120 $16,200 $88,320 $11,738
2023 $74,820 $16,200 $91,020 $11,198
2022 $58,440 $16,200 $74,640 $3,499
2021 $64,740 $16,200 $80,940 $4,954
2020 $60,480 $16,200 $76,680 $4,805
2019 $49,680 $16,200 $65,880 $5,964
2018 $33,160 $12,790 $45,950 $5,589
2017 $33,862 $10,594 $44,456 $8,416
2016 $32,560 $11,896 $44,456 $8,266
2015 $30,430 $12,592 $43,022 $7,792
2014 $27,073 $13,514 $40,587 $7,166
2013 $25,326 $12,966 $38,292 $6,451
2012 $18,355 $18,692 $37,047 $6,451
2011 $16,860 $20,187 $37,047 $5,850
2010 $15,226 $20,626 $35,852 $5,544
2009 $15,226 $20,626 $35,852 $5,543
2007 $24,334 $6,539 $30,873 $4,565

Property facts

Year built
1930
Property type
multi_family
Stories
2
Beds
5
Baths
4
Living area
2,850 sqft
Lot size
2,350 sqft
ZIP code
11209
City
Brooklyn
Street
Colonial Rd
Coordinates
40.63569, -74.03161

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$9,690
Gross rental yield
7.75%
Implied cap rate
5.04%
Trend-extrapolated value

Frequently asked questions

When did 7037 Colonial Rd last sell?
7037 Colonial Rd most recently sold on Jun 7, 2022 for $1,500,000.
What is the current tax assessment for 7037 Colonial Rd?
The most recent total assessment for 7037 Colonial Rd (year 2025) is $88,320 with $12,143 in property tax.
How does 7037 Colonial Rd's assessment compare to its last sale price?
The current assessment is 94.1% below the last sale price of $1,500,000.
When was 7037 Colonial Rd built?
7037 Colonial Rd was built in 1930.
How does 7037 Colonial Rd compare to others on Colonial Rd?
We track 8 other properties on Colonial Rd. Browse the list under "Other properties on Colonial Rd" to compare beds, baths, and sale history.
What are the property facts for 7037 Colonial Rd?
7037 Colonial Rd is a 5 bed, 4 bath, 2,850 sqft, 2,350 sqft lot multi_family.
Is 7037 Colonial Rd a flip candidate?
No — 7037 Colonial Rd does not appear in our flips dataset.
Is 7037 Colonial Rd a tax-appeal candidate?
No — 7037 Colonial Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.7%
Implied 1-yr
-10.6%
2026 Q3
$677.4K
2026 Q4
$655.7K
ZIP 11209 — Median Price History + Forecast

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