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550 55th St

17 Unit Block of Flats £3,037,416 (£178,672/Unit) 5.19% Net Initial Yield Brooklyn, NY 11220

Investment Highlights

  • Prime location in Brooklyn, New York

Executive Summary

Nestled in the vibrant Sunset Park neighborhood, this property offers a blend of urban convenience and residential tranquility. Enjoy the benefits of a diverse community, local eateries, parks, and excellent transit options.

Property Facts

Price £3,037,416 Apartment Style Mid Rise
Price Per Unit £178,672 Building Class C
Sale Type Investment Lot Size 0.09 AC
Net Initial Yield 5.19% Building Size 11,488 SF
No. Units 17 Number of Floors 4
Property Type Residential Year Built 1931
Property Subtype Apartment
Price £3,037,416
Price Per Unit £178,672
Sale Type Investment
Net Initial Yield 5.19%
No. Units 17
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.09 AC
Building Size 11,488 SF
Number of Floors 4
Year Built 1931
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Walk Score ®
Walker's Paradise (93)
Transit Score ®
Rider's Paradise (95)
Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 00832-0027 Improvements Assessment £197,112
Land Assessment £122,656 Total Assessment £319,768

PROPERTY TAXES

Parcel Number
00832-0027
Land Assessment
£122,656
Improvements Assessment
£197,112
Total Assessment
£319,768

zoning

Zoning Code R6B
R6B
(212) 430-5234

Contact

  • Listing ID: 32624577

  • Date on Market: 30/07/2024

  • Last Updated:

  • Address: 550 55th St, Brooklyn, NY 11220

The South Brooklyn Residential Property at 550 55th St, Brooklyn, NY 11220 is currently available. Contact Marcus & Millichap for more information.

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550 55th St, Brooklyn, NY for sale Building Photo- Image 1 of 4
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550 55th St, Brooklyn, NY for sale Building Photo- Image 2 of 4
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550 55th St, Brooklyn, NY for sale Plat Map- Image 3 of 4
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Connect with us

© 2025 CoStar Group

550 55th St
(212) 430-5234 x

550 55th St

Matthew Fotis

(212) 430-5234

(212) 430-5234

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