255 E 55th St Brooklyn, NY 11203
East Flatbush NeighborhoodEstimated payment $8,308/month
Highlights
- Main Floor Bedroom
- Bathroom on Main Level
- Multiple cooling system units
About This Home
255 E 55th Street - Prime Three-Family Home Set Up as Four, Move-In Ready! Welcome to 255 E 55th Street - a spacious and well-maintained brick property offering a rare opportunity for both homeowners and investors. Currently configured as a four-unit setup, this legal three-family home provides flexibility, comfort, and strong income potential. Each unit is thoughtfully laid out with generous living space, modern finishes, and abundant natural light. The home has been recently updated and is move-in ready - ideal for end-users seeking additional rental income or investors looking to capitalize on the thriving rental market. Highlights include updated kitchens and bathrooms, separate entrances for each unit, and a full finished basement with private access. Whether you're looking to live in one unit and rent the others or fully lease the property, this home offers endless possibilities. Conveniently located near schools, shopping, public transportation, and major highways, 255 E 55th Street is a turnkey opportunity in one of Brooklyn's most desirable residential pockets.
Listing Agent
5 Boro Realty Corp Brokerage Phone: 855-305-3325 License #10311207532 Listed on: 07/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,076
Year Built
- Built in 1930
Home Design
- Duplex
Bedrooms and Bathrooms
- 8 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 5 Full Bathrooms
Parking
- 3 Parking Spaces
- 3 Carport Spaces
Additional Features
- 2,500 Sq Ft Lot
- Multiple cooling system units
- Finished Basement
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 04703-0063
Map
Home Values in the Area
Average Home Value in this Area
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 | $13,076 | $172,800 | $123,750 | $49,050 |
| 2024 | $13,076 | $216,000 | $123,750 | $92,250 |
| 2023 | $12,112 | $180,000 | $123,750 | $56,250 |
| 2022 | $10,978 | $149,850 | $123,750 | $26,100 |
| 2021 | $11,007 | $136,800 | $123,750 | $13,050 |
| 2020 | $5,240 | $165,960 | $123,750 | $42,210 |
| 2019 | $10,147 | $165,960 | $123,750 | $42,210 |
| 2018 | $9,478 | $74,521 | $44,454 | $30,067 |
| 2017 | $8,779 | $69,022 | $44,661 | $24,361 |
| 2016 | $8,898 | $69,022 | $50,887 | $18,135 |
| 2015 | $5,349 | $66,836 | $59,099 | $7,737 |
| 2014 | $5,349 | $61,891 | $60,141 | $1,750 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/25/2025 12/25/25 | Pending | -- | -- | -- |
| 09/08/2025 09/08/25 | Price Changed | $1,360,000 | +4.7% | $315 / Sq Ft |
| 09/04/2025 09/04/25 | Price Changed | $1,299,000 | -3.7% | $301 / Sq Ft |
| 08/18/2025 08/18/25 | Price Changed | $1,349,000 | -2.9% | $312 / Sq Ft |
| 07/22/2025 07/22/25 | For Sale | $1,390,000 | -- | $322 / Sq Ft |
Source: OneKey® MLS
MLS Number: 892346
APN: 04703-0063
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