Exceptional investment opportunity in the heart of Sunset Park, Brooklyn! Located at 404 55th Street, this distinctive three-story brick corner building offers outstanding visibility along the busy 4th Avenue commercial corridor, beautiful architectural character, and tremendous investment potential. Zoned R7A/C2-4 with a 4.0 residential FAR, the property presents exciting opportunities for investors, developers, and end-users. The property includes architectural plans (dated May 2026) for a 2-story addition (vertical and horizontal enlargement) featuring 4 residential units plus ground-floor commercial space. Potential uses include residential apartments, retail storefronts, professional offices, medical offices, mixed-use investment, or condominium conversion. Ideally situated near public transit options, shopping, restaurants, and neighborhood amenities. Package deal option: available individually or together with the adjoining property at 412 55th Street for an exceptional development opportunity!
Property Details
Price:
$2,300,000
MLS #:
505368
Status:
Active
Baths:
0
Type:
Single Family
Subtype:
Mixed Use
Borough:
Brooklyn
Neighborhood:
sunsetpark
Listed Date:
Oct 15, 2026
Finished Sq Ft:
3,600
Year Built:
1899
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Community
- Address404 55th Street Brooklyn NY
- NeighborhoodSunset Park
- CityBrooklyn
- CountyKings (Brooklyn)
- Zip Code11220
Market Summary
Current real estate data for Single Family in Brooklyn as of Oct 20, 2026
597
Single Family Listed
140
Avg DOM
1,104
Avg $ / SqFt
$1,918,776
Avg List Price
Property Summary
- 404 55th Street Brooklyn NY is a Single Family for sale in Brooklyn, NY, 11220. It is listed for $2,300,000 and features 0 beds, 0 baths, and has approximately 3,600 square feet of living space, and was originally constructed in 1899. The current price per square foot is $639. The average price per square foot for Single Family listings in Brooklyn is $1,104. The average listing price for Single Family in Brooklyn is $1,918,776.
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