An exceptional two-family brick residence awaits at 865 55th Street, offering strong income potential in one of Brooklyn's most sought-after neighborhoods. Built in 1920, this 2,080 sq. ft. property sits on a 2,003 sq. ft. lot and features 7 bedrooms and 2.5 baths across two stories — an ideal setup for investors or end-users looking to customize. The R6 zoning district presents outstanding development potential, with the possibility to maximize buildable space (subject to zoning and architect verification).
Investment Highlights:
• Versatile Two-Family Layout: Two self-contained units offering immediate rental income potential.
• R6 Zoning: Rare opportunity for developers and builders to explore expanded buildable square footage.
• Delivered Vacant: Property will be sold as-is and delivered vacant at closing, giving buyers a blank canvas.
• Low Carrying Costs: Annual property taxes approximately $8,702.
Active
$2,400,000
865 55th St, Brooklyn, NY 11220
7beds
2,080sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$1,154/sqft
$-- HOA
What's special
Two-family brick residenceTwo self-contained units
- 12 days
- 490
- 17
Zillow last checked:
Listing updated:
Listed by:
CPRE NY LLC 917-682-6919,
Ken Ye
Source: StreetEasy,MLS#: S1850522
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 2,080
- Total interior livable area: 2,080 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Balcony, Garden
- Has view: Yes
- View description: City
Details
- Parcel number: 05672005401
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1920
Community & HOA
Community
- Subdivision: Sunset Park
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $1,154/sqft
- Tax assessed value: $1,504,000
- Annual tax amount: $8,700
- Date on market: 9/29/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Listed for sale | $2,400,000-3.2%$1,154/sqft |
Source: StreetEasy #S1850522 Report a problem | ||
| 8/16/2026 | Listing removed | $2,480,000$1,192/sqft |
Source: | ||
| 5/5/2026 | Listed for sale | $2,480,000+31.9%$1,192/sqft |
Source: | ||
| 11/28/2023 | Listing removed | $1,880,000$904/sqft |
Source: StreetEasy Report a problem | ||
| 10/21/2023 | Price change | $1,880,000-1%$904/sqft |
Source: StreetEasy Report a problem | ||
| 7/7/2023 | Price change | $1,899,000-0.1%$913/sqft |
Source: StreetEasy Report a problem | ||
| 7/6/2023 | Price change | $1,900,000-2.6%$913/sqft |
Source: StreetEasy Report a problem | ||
| 6/18/2023 | Price change | $1,950,000-4.9%$938/sqft |
Source: StreetEasy Report a problem | ||
| 6/7/2023 | Listed for sale | $2,050,000-54.4%$986/sqft |
Source: StreetEasy Report a problem | ||
| 10/27/2022 | Listed for sale | $4,500,000+152.8%$2,163/sqft |
Source: StreetEasy Report a problem | ||
| 11/14/2020 | Listing removed | $1,780,000$856/sqft |
Source: Huang Eugene #435460 Report a problem | ||
| 1/28/2020 | Price change | $1,780,000-11%$856/sqft |
Source: Huang Eugene #435460 Report a problem | ||
| 12/19/2019 | Listed for sale | $2,000,000$962/sqft |
Source: Huang Eugene #435460 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2018 | $6,746 +8.7% | $32,246 +5.9% |
| 2017 | $6,208 | $30,456 |
| 2016 | -- | $30,456 +1.3% |
| 2015 | -- | $30,057 +6% |
| 2014 | -- | $28,365 |
Find assessor info on the county website




