404 55thBrooklyn, NY 11220

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!

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

1899

Stories

3

Building area

6,300 Sq Ft

Lot size

4,017 Sq Ft

Days on market

25

MLS^® Listing#

1063176

Property Features

Cooling

Central Air

Heating

Baseboard

Basement

Finished

Lot features

Corner Lot

Construction

Brick

Utilities

Electricity Available

Sewer

Public Sewer

Water source

Other

Financial Details

Annual taxes

$6,000

Parcel number

00831-0008