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$999,000
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Property Description
Presenting a valuable piece of land situated at 175 East 55th Street in the desirable East Flatbush neighborhood of Brooklyn. Engineered for maximum customization and long-term potential, this 2,000-square-foot lot provides exceptional flexibility for renovation, expansion, or new construction projects, subject to zoning regulations and required city approvals. Property Features & Development Potential Lot Footprint: An adaptable 2,000-square-foot parcel ready for tailored architectural planning. Flexibility: Perfectly suited for developers, builders, or buyers looking to execute a custom residential project in an active and growing market. Prime Location Strategically positioned on a quiet, established residential block while offering effortless convenience. Residents and future occupants enjoy close proximity to local shopping options, grocery stores, schools, parks, and robust public transportation networks (subway and bus lines) delivering direct connections throughout Brooklyn and into Manhattan. A customizable project with strong long-term growth potential in one of Brooklyn's active residential communities.
Full Property Details
Full Property Details for 175 E 55th St
General
- Price: $999,000
- Taxes: $3,462
- Status: Active
- Type: Lots/Land
- Source: Long_Island
- MLS ID: 1035119
- Updated: 8/6/2026
- Added to Site: 11 day(s) ago
Location
- County: Kings (Brooklyn)
School Information
- High School District: Contact Agent
- Elementary School: Contact Agent
- Middle School: Call Listing Agent
- High School: Contact Agent
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Subdivision
Lot Features
- Lot Size (Acres): 0.0459
- Lot Size (Sq. Ft.): 2,000
Financial Considerations
- Tax Amount: $3,462
Disclosures and Reports
- Special Conditions: None
- Property ID: 04681-0069
Listed by WW Realty Group Inc
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Schools
Schools serving 175 E 55th St
School District:New York City Geographic School District 18
| Name | Grades | Distance |
|---|---|---|
Ps 244 Richard R Green 5404 Tilden Avenue, Brooklyn, NY 11203 | PK-5 | 0.4 mi |
Middle School of Media Law and Fine Arts (The) 905 Winthrop Street, Brooklyn, NY 11203 | 6-8 | 0.4 mi |
Middle School Of Marketing And Legal Studies 905 Winthrop Street, Brooklyn, NY 11203 | 6-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 175 E 55th St
Date
Details
Price
Change
Source
8/06/2026
Listed
$999,000
399.5%
MLS
8/01/2014
Sold
$200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 175 E 55th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,025
-44%
$12,660
-54%
2024
$3,646
—
$27,300
5%
2024
$3,646
2%
$26,100
7%
2023
$3,586
2%
$24,300
—
2022
$3,525
-51%
$24,360
—
2021
$7,152
111%
$24,360
16%
2020
$3,393
6%
$21,000
26%
2019
$3,202
9%
$16,680
12%
2017
$2,948
—
$14,878
3%
2017
$2,948
4%
$14,464
2%
2016
$2,831
8%
$14,160
6%
2015
$2,612
26%
$13,359
6%
2014
$2,080
9%
$12,607
2%
2013
$1,901
—
$12,399
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 175 E 55th St
175 E 55th Street, Brooklyn, NY 11203 (MLS# 1035119) is a Lots/Land property with a lot size of 0.0459 acres. 175 E 55th Street is currently listed for $999,000 and was received on August 09, 2026. Want to learn more about 175 E 55th Street? Do you have questions about finding other Lots/Land real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

