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$2,300,000 Just Listed

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Active
Commercial
Updated 5 hours ago

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Property Description

Exceptional investment opportunity in the heart of Sunset Park, Brooklyn! Located at 404 55th Street, this distinctive three-story brick corner building offers outstanding visibility along the busy 4th Avenue commercial corridor, beautiful architectural character, and tremendous investment potential. Zoned R7A/C2-4 with a 4.0 residential FAR, the property presents exciting opportunities for investors, developers, and end-users. The property includes architectural plans (dated May 2026) for a 2-story addition (vertical and horizontal enlargement) featuring 4 residential units plus ground-floor commercial space. Potential uses include residential apartments, retail storefronts, professional offices, medical offices, mixed-use investment, or condominium conversion. Ideally situated near public transit options, shopping, restaurants, and neighborhood amenities. Package deal option: available individually or together with the adjoining property at 412 55th Street for an exceptional development opportunity!

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Full Property Details

Full Property Details for 404 55th

General

Price: $2,300,000
Taxes: $6,000
Status: Active
Type: Commercial
Source: Long_Island
MLS ID: 1063176
Updated: 10/16/2026
Added to Site: 2 day(s) ago

Business

Business Type: Mixed, Retail

Location

County: Kings (Brooklyn)
Cross Streets: 4th Avenue

School Information

High School District: Brooklyn 13

Heating & Cooling

Central air: Yes
Cooling Type: Central Air
Heating Type: Baseboard

Utilities

Sewer: Public Sewer
Water: Other
Utility Description: Electricity Available

Structural Information

Detached/Attached: Detached
Construction: Brick
Basement: Yes
Basement Desc.: Common, Finished
Stories/Levels: 3
Stories in Building: 3
Building Size: 6300
Square Feet: 6,300
Year Built: 1899

Lot Features

Lot Size (Sq. Ft.): 4,017
Lot Features: Corner Lot
Zoning: R7A/C24

Financial Considerations

Tax Amount: $6,000

Disclosures and Reports

Special Conditions: None
Property ID: 00831-0008
Block: 831
Lot Number: 8

Listed by RE/MAX Edge

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— 404 55th —

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718-288-3835

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Schools

Schools serving 404 55th

School District:New York City Geographic School District 20

Name	Grades	Distance
Ps 503 The School Of Discovery 330 59th Street, Brooklyn, NY 11220	K-5	0.2 mi
Jhs 220 John J Pershing 4812 9th Avenue, Brooklyn, NY 11220	6-8	0.8 mi
Fort Hamilton High School 8301 Shore Road, Brooklyn, NY 11209	9-12	1.7 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 404 55th Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/15/2026

Listed

$2,300,000

11.23%

MLS

6/16/2023

Sold

$2,067,777

—

Public Record

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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 404 55th

Year

Property Taxes

Change

Tax Assessment

Change

2025

$11,855

—

$214,260

263%

2025

$11,855

6%

$59,022

-68%

2024

$11,184

6%

$184,920

-2%

2023

$10,551

—

$189,300

5%

2022

$10,546

-52%

$180,900

6%

2021

$21,856

110%

$169,980

52%

2020

$10,411

6%

$111,900

15%

2019

$9,822

11%

$97,320

122%

2017

$8,821

—

$43,776

1%

2017

$8,821

2%

$43,272

—

2016

$8,650

8%

$43,272

6%

2015

$8,015

8%

$40,988

6%

2015

$7,408

13%

$38,668

6%

2013

$6,565

—

$36,480

—

View All

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 404 55th

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Just Listed

$1,358,000

Open House

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Multi-Family
Active
Updated 1 day ago

5
Total Beds

Listed by Four Seasons Realty Team

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Just Listed

$1,180,000

Open House

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Active
Updated 3 days ago

6
Total Beds

Listed by B Square Realty

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Just Listed

$838,000

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Single Family
Active
Updated 4 days ago

3
Beds
2
Total Baths

Listed by Tscherne Realty Inc

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Just Listed

$1,250,000

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Commercial
Active
Updated 4 days ago

Listed by Century 21 AA Realty

404 55th, Brooklyn, NY 11220 (MLS# 1063176) is a Commercial property. 404 55th is currently listed for $2,300,000 and was received on October 15, 2026. Want to learn more about 404 55th? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

404 55th Brooklyn, NY 11220