412 55th Street Brooklyn, NY $ 2,700,000
412 55th Street
$ 2,700,000
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412 55th Street

Brooklyn, NY, 11220
$ 2,700,000
Bedrooms-- Baths-- Sq 20

Monthly Estimate*

$ 18,648

412 55th Street, Brooklyn, NY 11220 - Image 1
412 55th Street, Brooklyn, NY 11220 - Image 2
412 55th Street, Brooklyn, NY 11220 - Image 3
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Commercial Property for sale in Brooklyn, NY

for $2,700,000. This 20 square foot building was built on a lot size of 0.063499.

Rare development opportunity in Sunset Park, Brooklyn! Located off 4th Avenue, 412 55th Street features approximately 2,766 SF of irregular land with an existing front garage and former assembly/community space toward the rear. Zoned R7A/C2-4 with a 4.0 residential FAR, yielding approximately 11,064 SF of theoretical residential zoning floor area. Offers tremendous redevelopment potential for residential condominiums, multi-family rental, mixed-use, retail, medical/professional offices, or community facility use. The front garage provides an opportunity for integrated private parking. Preliminary architectural concepts propose an 18-unit residential condo development with 1 retail space and 1 community facility space. Conveniently located near public transportation and commercial corridors. Package deal option: available individually or together with adjoining site at 404 55th Street!

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Commercial Active

Price

$ 2,700,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.063499

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

505374

Features
Interior
Heating Fuel Other
Flooring Other
Hot Water Other
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General
Roof Other
Zoning R7A/C2-4
Electric Other
Property Type Mixed Use
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash Owner
Building Type Semi-Detached
Status Active
Construction Materials Other
Cumulative Days on Market 3
MLS Area Sunset Park
Sub Type Mixed Use
City Brooklyn
DOM 3
Sale Type Arm's Length
# Families 1
Public Remarks Rare development opportunity in Sunset Park Brooklyn! Located off 4th Avenue 412 55th Street features approximately 2 766 SF of irregular land with an existing front garage and former assembly/commun
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Exterior
Exterior Other
Foundation Other
Parking Attrib 3 Spaces 4 Spaces Detached Garage Parking Area
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Re/Max Edge

Broker

(917) 967-5966

Phone

Affordability Calculator

$18,648
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,648
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$2,700,000 Listed Price

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412 55th Street, Brooklyn, NY, 11220 is a Commercial Property for sale at $2,700,000 with 20 sqft and a lot size of 0.063499. The property's zip code is 11220 which is in Brooklyn, NY