404 55th
New York, NY 11220

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio

Financials

Price:$2,300,000
Annual Taxes:$6,000
Listing Courtesy of RE/MAX Edge

Exceptional investment opportunity in the heart of Sunset Park, Brooklyn !

Virtually Staged
Virtually Staged

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 corridor, beautiful architectural character, and tremendous investment potential. Zoned R7A/C2-4 with a residential FAR of 4.0, 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. The proposed mixed-use configuration also includes commercial space, offering an attractive opportunity to combine residential and commercial uses. Potential uses include residential apartments, retail stores, professional offices, medical offices, mixed-use investment, and condominium conversion. Ideally situated near public transportation, shopping, restaurants, and neighborhood amenities. Package Deal Available! Purchase this property individually or together with the adjoining property at 412 55th Street for an exceptional investment and development opportunity. Contact the listing agent for architectural plans, additional details, and private showings.

Amenities

  • Corner Lot
  • Electricity Available

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.