224 E 55th Street Brooklyn, NY $ 828,000
224 E 55th Street
$ 828,000
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224 E 55th Street

Brooklyn, NY, 11203
$ 828,000
Bedrooms-- Baths-- Sq 2,700

Monthly Estimate*

$ 5,098

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Commercial Property for sale in Brooklyn, NY

for $828,000. This 2,700 square foot building was built in 1910 on a lot size of 0.0343.

Welcome to 224 East 55th Street, a well-maintained mixed-use property located in the heart of East Flatbush, one of Brooklyn’s most vibrant and growing communities. This versatile building offers approximately 2,700 square feet of total space and presents an excellent opportunity for both investors and owner-users. The property features a commercial retail space (formerly used as a beauty parlor on the ground floor), offering strong street presence with convenient walk-in access and excellent visibility along a residential corridor with steady foot traffic. The layout is well-suited for continued salon use or can be adapted for a variety of commercial purposes, including retail, office, or professional services. Above the commercial space sits a spacious duplex residential apartment spanning the second floor and basement levels. The residence offers a functional and flexible layout with multiple bedrooms, a full bathroom, and generous living space. The basement level provides additional recreational or storage space, along with utility areas, enhancing the overall usability of the home. Adding to its appeal, the property includes a private driveway, a valuable and often hard-to-find feature in Brooklyn, offering convenient off-street parking and enhanced accessibility for both residential and commercial use. This mixed-use configuration creates an ideal live/work opportunity or income-producing investment, allowing for rental income from one or both units. Situated in a dynamic, high-density neighborhood, the property benefits from a strong local customer base, nearby shopping corridors, schools, and community amenities. Transportation is easily accessible via multiple bus lines including the MTA B46 bus, MTA B47 bus, and MTA B82 bus, as well as nearby subway service on the New York City Subway 2 line and New York City Subway 5 line, providing convenient access throughout New York City. Whether you’re looking to establish your business, generate rental income, or invest in a growing Brooklyn market, this property offers exceptional flexibility and long-term potential. Property will be delivered FULLY VACANT! Don’t miss this unique opportunity to own a mixed-use building in a thriving East Flatbush location.

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Commercial Active

Price

$ 828,000

Property Type

Commercial

Taxes

$ 4,269

Style

Mixed Use

Lot Size

0.0343

Year Built

1910

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

988745

Features
General
Sewer Public Sewer
Heating Other
Cooling None
Utilities Electricity Available Electricity Connected Sewer Available Sewer Connected Water Available Water Connected
Zoning R5
Construction Materials Other
Year Built 1910
Property Subtype Mixed Use
Tax Year 2026
Parcel Number 04680-0028
Business Type Other
County Kings (Brooklyn)
Property Type Commercial Sale
City New York
Number Of Units Total 2
Property Attached Y/N N
Tax Annual Amount 4269
Building Area Units Square Feet
Standard Status Active
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Interior
Basement See Remarks
Basement Features See Remarks
Basement (Y/N) Y
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Exterior
Parking Features Driveway Private Driveway Private
Water Source Public
Foundation Details Other
Building Area Total 2700
Waterfront Y/N N
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Internal Only
Street Number 1 224
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* Excluded Features
List By
Etan Hakimi

Listing Agent

Mitra Hakimi Realty Group Llc

Broker

718-268-5588

Contact

Affordability Calculator

$5,454
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,098
Monthly Property Taxes
$356
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2026$828,000 Listed Price

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224 E 55th Street, Brooklyn, NY, 11203 is a Commercial Property for sale at $828,000 with 2,700 sqft and a lot size of 0.0343. 224 E 55th Street was built in 1910. The property's zip code is 11203 which is in Brooklyn, NY