Exceptional, fully renovated legal two-family brick property located in Sunset Park, offering tremendous flexibility and income potential. It can easily be converted to a 3-family. Building size 20x47 over a 20x100 lot. The building has undergone a complete gut renovation and features steel beam construction throughout all levels. All major systems have been updated, including plumbing, gas lines, electrical wiring, windows, flooring, kitchens, and bathrooms. The property features three stories, plus a finished basement. Each floor has 4 bedrooms and 2 full bathrooms, while the basement has a separate entrance, windows, and extra living space, and 2 full bathrooms. Outside is a large private backyard. Additional features include 3 gas meters, 3 electric meters, 3 separate heating systems, and 3 separate hot water systems, providing separately metered utilities and independent services. Conveniently located near the vibrant 5th Avenue shopping and dining district, with easy access to public transportation, including the N and R subway lines, as well as the B11, B63, and B9 bus routes. Great opportunity for investors, owner-occupants, or multi-generational living.
Active
Price cut: $70K (7/6)
$2,180,000
448 55th St, Brooklyn, NY 11220
12beds
3,004sqft
Multi Family
Built in 1901
-- sqft lot
$2,156,400 Zestimate®
$726/sqft
$-- HOA
What's special
Large private backyard
- 35 days |
- 388 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Remax Edge 917-916-2368,
Kelly Wu
Source: StreetEasy,MLS#: S1832095
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 8
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 3,004
- Total interior livable area: 3,004 sqft
Property
Details
- Parcel number: 008310026
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1901
Community & HOA
Community
- Subdivision: Sunset Park
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $726/sqft
- Tax assessed value: $1,450,000
- Annual tax amount: $8,457
- Date on market: 6/4/2026
Estimated market value
$2,156,400
$2.05M - $2.26M
$3,439/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $2,180,000-3.1%$726/sqft |
Source: | ||
| 6/4/2026 | Listed for sale | $2,250,000+73.1%$749/sqft |
Source: | ||
| 10/9/2024 | Sold | $1,300,000-13.3%$433/sqft |
Source: | ||
| 6/14/2024 | Pending sale | $1,499,000$499/sqft |
Source: | ||
| 5/29/2024 | Listed for sale | $1,499,000$499/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,457 +4.7% | $87,000 +0.6% |
| 2024 | $8,076 | $86,520 -5.9% |
| 2023 | -- | $91,920 -3.6% |
| 2022 | -- | $95,400 +19.5% |
| 2021 | -- | $79,800 -7.1% |
| 2020 | $7,221 +6.3% | $85,860 -2.4% |
| 2019 | $6,796 +0.8% | $87,960 +172.8% |
| 2018 | $6,746 +8.7% | $32,246 +5.9% |
| 2017 | $6,208 +8.9% | $30,456 +1.3% |
| 2016 | $5,701 | $30,067 +1.6% |
| 2015 | $5,701 +75.6% | $29,596 +6% |
| 2014 | $3,246 | $27,924 +3.9% |
| 2013 | -- | $26,872 +5.9% |
| 2012 | -- | $25,380 +1.3% |
| 2011 | -- | $25,056 +1.6% |
| 2010 | -- | $24,664 +6% |
| 2009 | -- | $23,270 +3.9% |
| 2008 | -- | $22,394 +5.9% |
| 2007 | -- | $21,150 +1.3% |
| 2006 | -- | $20,880 +1.6% |
| 2005 | -- | $20,554 +6% |
| 2004 | -- | $19,392 +3.9% |
| 2003 | -- | $18,662 +5.9% |
| 2002 | -- | $17,625 +1.3% |
| 2001 | -- | $17,400 +1.6% |
| 2000 | -- | $17,129 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Sunset Park
Nearby schools
GreatSchools rating
- 6/10Ps 503 The School Of DiscoveryGrades: K-5Distance: 0.3 mi
- 7/10Jhs 220 John J PershingGrades: 6-8Distance: 0.7 mi
- 5/10Fort Hamilton High SchoolGrades: 9-12Distance: 1.7 mi
A local agent can set up tours, give advice and negotiate with sellers.





