$2,300,000
( $365.08Per Sq Foot )
 $12,347 est/mo Sourced by Back At You

404 55th,Brooklyn, NY 11220

Brooklyn, NY 11220

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Description

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!

Details

MLS #1063176
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1899
Days On Site20
Listing Provided ByRE/MAX Edge | Zaiyou Zhu

Features

SQ Feet6,300
BasementY
Story(s)3
Units3
ZoningR7A/C24
Acreage0.09

Interior

CoolingCentral Air
HeatingBaseboard

Exterior

Construction MaterialsBrick
Lot FeaturesCorner Lot

Utilities

UtilitiesElectricity Available
SewerPublic Sewer

Taxes

Tax Year2026
Tax Annual Amount6000
Tax Lot0008

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11220
Listing VS Median (in 11220)
Price:
$2,300,000
low | high
Med:
$1,349,444
91.32852173913% of Average
sqft:
6,300
low | high
Med:
3,546
93.714285714286% of Average
$ / sqft:
$365
low | high
Med:
$471
21.006336856377% of Average
On site:
20
low | high
Med:
173.5
11.527377521614% of Average
Sourced by Back At You

Market Activity 11220

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Learn More About This Property

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11220
Listing VS Median (in 11220)
Price:
$2,300,000
low | high
Med:
$1,349,444
91.32852173913% of Average
sqft:
6,300
low | high
Med:
3,546
93.714285714286% of Average
$ / sqft:
$365
low | high
Med:
$471
21.006336856377% of Average
On site:
20
low | high
Med:
173.5
11.527377521614% of Average
Sourced by Back At You
Listing Updated: October 16, 2026 at 1:03:29 PM PDT