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!
| MLS # | 1063176 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1899 |
| Days On Site | 20 |
| Listing Provided By | RE/MAX Edge | Zaiyou Zhu |
| SQ Feet | 6,300 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | R7A/C24 |
| Acreage | 0.09 |
| Cooling | Central Air |
|---|---|
| Heating | Baseboard |
| Construction Materials | Brick |
|---|---|
| Lot Features | Corner Lot |
| Utilities | Electricity Available |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 6000 |
| Tax Lot | 0008 |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11220 |
| Listing VS Median (in 11220) | |
Price: $2,300,000 low | high Med: $1,349,444 sqft: 6,300 low | high Med: 3,546 $ / sqft: $365 low | high Med: $471 On site: 20 low | high Med: 173.5 | |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11220 |
| Listing VS Median (in 11220) | |
Price: $2,300,000 low | high Med: $1,349,444 sqft: 6,300 low | high Med: 3,546 $ / sqft: $365 low | high Med: $471 On site: 20 low | high Med: 173.5 | |