Prime investment opportunity in Sunset Park! This property offers strong income potential with a versatile layout. Located in a high-demand neighborhood close to transportation, shopping, and schools. Perfect for investors or end users looking to customize. A rare opportunity in an R6 zoning district, this property also presents excellent development potential with the possibility to maximize buildable space. Ideal for builders, developers, or investors looking to add value in a sought-after area (subject to zoning and architect verification). Property will be sold as is and delivered vacant at closing.
For sale
$2,480,000
865 55th St, Brooklyn, NY 11220
7beds
2,080sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$1,192/sqft
$-- HOA
What's special
Versatile layout
- 65 days |
- 221 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
RE/MAX Elite 718-690-3900,
Eric C. Chan 646-261-1228
Source: BNYMLS,MLS#: 501180
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Natural Gas, Steam/Radiator
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood
- Basement: Walk-in
Interior area
- Total structure area: 2,080
- Total interior livable area: 2,080 sqft
Property
Parking
- Total spaces: 1
- Parking features: Private Drive, 1 Space, Parking Area
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 2,003 Square Feet
- Dimensions: 20x100
- Features: Front Yard
Details
- Foundation area: 1040
- Parcel number: 05672005401
- Zoning: R6
- Special conditions: Arm's Length
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Other
- Roof: Asphalt/Tar
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
Community & HOA
Community
- Subdivision: Brooklyn
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $1,192/sqft
- Tax assessed value: $1,504,000
- Annual tax amount: $8,702
- Date on market: 5/5/2026
- Cumulative days on market: 66 days
Estimated market value
Not available
Estimated sales range
Not available
$4,486/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | Price change | $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
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
- 7/10Ps 160 William T SampsonGrades: K-5Distance: 0.3 mi
- 6/10Jhs 223 The MontaukGrades: 6-8Distance: 1.2 mi
- 3/10Franklin Delano Roosevelt High SchoolGrades: 9-12Distance: 1.6 mi
A local agent can set up tours, give advice and negotiate with sellers.




