NOT LISTED FOR SALE

229 55th St Unit 2B Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated Value: $619,000 - $659,000

2 Beds
2 Baths
827 Sq Ft
$308/ mo HOA Fee

Last Sold May 20, 2022

Last sale price $560,000 $677 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,422/month

24 Days on Market

Highlights

  • Entrance Foyer
  • Garage
  • 1-minute walk to Martin Luther Playground
  • IS 220 John J. Pershing Rated A-
  • Laundry Facilities

About This Home

As of May 2022

Welcome to 229 55th St. in the up and coming Sunset Park. The impressive living space is created by a modern interior and comes complete with a good-sized living room, flow-through living/dining area, well-proportioned rooms and generous living spaces. Enjoy cooking again in this chef-inspired newly installed kitchen, that comprises stainless-steel appliances, quartz countertops, large center island and recessed lighting. Spread out in the king-sized main bedroom that boasts a luxury ensuite bathroom and a walk-in closet. A true oasis, the primary bathroom has been fully modernized and comes equipped with a separate shower and butcher-block countertops. Just the causal atmosphere you've been looking for! At a super-convenient location in Industry City/ Sunset Park neighborhood. Easy travel throughout the city thanks to R/N subway stations within walking distance. Be prepared for 'love at first sight'. Early viewing is highly recommended.

Last Agent to Sell the Property

William Chen

Corcoran Group License #10301217923 Listed on: 02/15/2022

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,804

Year Built

  • Built in 2016

Lot Details

  • 3,877

HOA Fees

  • $308 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 827 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Legal Lot and Block 66 / 821

Community Details

Overview

  • Sunset Park Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,804

Year Built

Built in 2016

Lot Details

3,877 Sq Ft Lot

HOA Fees

$308 per month

Listing Details

  • Cross Street: 2nd Avenue/55th Street
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Sunset Park
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 827.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 308.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 35.0 x 110.0

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 2016

Tax Info

  • Tax Block: 821
  • Tax Lot: 66
  • Tax Annual: 6804.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
May 17, 2022
Sold by
Ng1 Llc
Bought by
Lee Zishi and Li Cheuk Wun
Seller's Agent
William Chen
Corcoran Group
List Price
$560,000
Sold Price
$560,000
Current Estimated Value
$639,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,767
Avg. Annual Appreciation
3.57%
Original Mortgage
$448,000
Outstanding Balance
$425,014
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$214,753
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee Zishi $570,220 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Zishi $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $560,000 0.0% $677 / Sq Ft
02/17/2022 02/17/22 For Sale $560,000 -- $677 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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
2025 $9,850 $94,781 $16,380 $78,401
2024 $9,850 $94,172 $16,380 $77,792
2023 $8,987 $89,176 $16,380 $72,796
2022 $8,409 $77,609 $16,380 $61,229
Source: Public Records

Agents Affiliated with this Home

  • William Chen

    Seller's Agent in 2022

    William Chen

    Corcoran Group

    (646) 209-1845

    3 in this area

    17 Total Sales

    William Chen
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10772136

Real Estate Board of New York (REBNY)

APN: 00821-1304

New York Kings County Brooklyn 11220 Sunset Park

229 55th St Unit 2B, Brooklyn, NY

Not Listed for Sale

Condos

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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