$1,369,000

227 55th St Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated payment $8,269/month

Total Views 2,256
-- Bed
6 Baths
3,792 Sq Ft
$361 Price per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 1-minute walk to Martin Luther Playground
  • IS 220 John J. Pershing Rated A-
  • Back and Front Yard

About This Home

An exceptional opportunity to own a well-maintained, all-brick six-family building in Sunset Park—Brooklyn’s high-demand, family-friendly neighborhood. This turnkey income producer features 2 spacious 1-bedrooms and 4 comfortable 2-bedrooms, plus a full basement with storage/potential. Major capital improvements (brand-new roof, new heating, boiler, updated electrical) offer peace of mind. Commuting is easy, with the R & N train subway stations just minutes away, plus convenient access to B11 & B63 bus routes, putting Downtown Brooklyn and Manhattan within easy reach. Surrounded by local dining, markets, schools, hospitals, and iconic Sunset Park, this is a rare, move-in-ready investment gem in a thriving Brooklyn location—don’t miss it.

Listing Agent

Elizabeth Rojas

Kirin Real Estate LLC Listed on: 04/22/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,611

Lot Details

  • 2,003 Sq Ft Lot
  • Lot Dimensions are 100 x 20
  • Back and Front Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 6 Full Bathrooms
  • 3,792 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 821

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $7,561
  • Insurance Expense $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,611

Lot Details

2,003 Sq Ft Lot

Listing Details

  • Basement Amenities: Full, Unfinished
  • Borough: Brooklyn
  • Building Length: 74.00
  • Building Width: 20.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3rd Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 6
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Other
  • Fill Sq Ft Total: 3792
  • Street Name I D X: 55th
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 6
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 2003

Exterior Features

  • Yard: Back, Front
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 68
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 7561.11

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20

Multi Family

  • Annual Gross Expense: 33688.92
  • Insurance Expense: 5000.00
  • Miscellaneous Expense: 1800.00
  • Unit Count: 6

Tax Info

  • Flip Tax Amount: 11611.16

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $11,726 $467,100 $4,500 $462,600
2025 $11,359 $389,250 $4,500 $384,750
2024 $11,359 $324,540 $4,500 $320,040
2023 $10,321 $270,450 $4,500 $265,950
2022 $9,534 $225,450 $4,500 $220,950
2021 $8,501 $180,315 $4,500 $175,815
2019 $8,756 $145,800 $4,500 $141,300
2018 $8,232 $64,723 $2,397 $62,326
2017 $7,624 $59,944 $2,498 $57,446
2016 $7,156 $55,506 $2,891 $52,615
2015 $4,646 $55,506 $3,469 $52,037
2014 $4,646 $53,761 $4,042 $49,719
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2026 04/22/26 For Sale $1,369,000 -- $361 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 500576

Brooklyn Board of REALTORS®

APN: 00821-0068

New York Kings County Brooklyn 11220 Sunset Park

227 55th St, Brooklyn, NY

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Listing Agent
Elizabeth Rojas
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Kirin Real Estate LLC
(929) 833-8097
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