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$2,300,000
Est. payment /mo
3,600 SqFt
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $638
MLS Listing ID 505368
Year Built 1899
Lot Dimensions 40.17x60
Property Sub-Type Mixed Use
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!
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning R7A/C2-4
Rooms
Basement Finished, Full
Interior
Interior Features Kitchen
Hot Water Gas
Heating Gas
Flooring Hardwood
Equipment None
Heat Source Gas
Exterior
Exterior Feature Stone
Roof Type Flat
Handicap Access Unknown
Building
Story 3
Foundation Other
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash,Owner
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Listed by RE/MAX Edge
NEARBY SCHOOL & BUSINESS
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