404 55th Street, Brooklyn, New York 11220
- $2,300,000
- 3,600
- SqFt
- List Price
- $2,300,000
- Status
- ACTIVE
- MLS#
- 505368
- Sq. Ft
- 3,600
- Year Built
- 1899
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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Additional Information
- Lot Size
- 4,017
- Stories
- 3
- Parking Description
- Parking Area
- Heat Source
- Gas
- Year Built
- 1899
- Zoning
- R7A/C2-4
- Sale Type
- Arm's Length
- Bank Financing
- 1031 Exchange, Bank Mortgage, Cash, Owner
- Building Type
- Detached
- Year Built
- 1899
- Basement
- Finished, Full
- Lot Dimensions
- 100 x 40
- Building Dimensions
- 60.00 x 20.00
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Listing courtesy of RE/MAX Edge.