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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Property information

Property type

Residential Income

Sub-type

Mixed Use

Year built

1899

Living area

3,600 Sq Ft

Lot size

0.09 acres

Price / Sq Ft

$639

Days on market

28

Zoning

R7A/C2-4

Features

Appliances

Gas Water Heater

Heating

Hot Water · Natural Gas

Flooring

Hardwood

Roof

Flat

Construction

Brick · Stone

Basement

Finished · Full