Prime Development Opportunity – 817 55th St, Brooklyn, NY 11220 Located in Sunset Park, this property sits on an R6-zoned lot, offering strong development potential. With a standard 20 × 100 lot, builders can take advantage of 2.2–3.0 FAR, allowing for a 4–6 story residential building—ideal for rentals, condos, or mixed-use projects. R6 zoning also permits community facility use, adding flexibility for various development strategies. Surrounded by ongoing new construction and rapid neighborhood growth, the area continues to attract developers and investors. With close proximity to Industry City, transportation, and the waterfront, the upside here is clear. A great opportunity to build, invest, or hold in one of Brooklyn’s fastest-growing neighborhoods.
Sold for $1,950,000
Zillow last checked:
Listing updated:
Source: BNYMLS,MLS#: 500376
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Sold | $1,950,000-18.1%$855/sqft |
Source:  BNYMLS #500376 Report a problem | ||
| 5/4/2026 | Pending sale | $2,380,000$1,044/sqft |
Source: BNYMLS #500376 Report a problem | ||
| 4/20/2026 | Price change | $2,380,000-4.8%$1,044/sqft |
Source: BNYMLS #500376 Report a problem | ||
| 4/10/2026 | Listed for sale | $2,500,000$1,096/sqft |
Source: BNYMLS #500376 Report a problem | ||
