$750,000
SOLD MAY 14, 2025
5 Beds
2.5 Baths
1,850 Sq Ft
1,800 Sq Ft Lot

Recently Sold

$405 Per Sq Ft

8% Above List Price

1 Day on Market

Highlights

  • Pre War Building
  • Garage
  • 4-minute walk to Harry Maze Playground
  • Community Garden

About This Home

As of May 2025

Charming Brick Legal Single-Family Home in Brooklyn – Fully Renovated!

Welcome to 541 E 55th St, Brooklyn, NY, a beautifully renovated brick single-family home with incredible space and modern updates! This versatile property features an owner’s duplex with 3 spacious bedrooms and 1.5 baths, along with a separate walk-out ground-level apartment offering **2 bedrooms and 1 full bath**—perfect for additional rental income or multi-generational living.

Step inside to discover restored parquet floors that exude classic charm, while updated kitchens and bathrooms bring a fresh, contemporary feel. The spacious bedrooms provide ample room for relaxation, and the renovated bathrooms add a touch of luxury.

Outside, enjoy the convenience of private parking in the back, a rare find in Brooklyn!

Don’t miss this opportunity to own a move-in-ready, income-producing home in a prime location. Schedule your showing today!

Reach out today for a private tour.

Last Agent to Sell the Property

Wilson Zorrilla

EXP Realty NYC License #10401251534 Listed on: 03/07/2025

EXP Realty NYC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,506

Year Built

  • Built in 1940

Lot Details

  • 1,800 Sq Ft Lot
  • Lot Dimensions are 18.00 x 100.00

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • East Flatbush Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 88 / 4776

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,506

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: Clarendon Road/Kings Highway
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: East Flatbush
  • Architectural Style: Prewar, Walk-Up
  • Structure Type: House
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area: 1850.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: See Remarks

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1800.0
  • Lot Size Dimensions: 18.00 x 100.00

Building Info

  • New Construction: No
  • Total Stories: 2
  • Year Built: 1940

Tax Info

  • Tax Block: 4776
  • Tax Lot: 88
  • Tax Annual: 4506.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
May 14, 2025
Sold by
Grossett-Holliman Castel
Bought by
Mitchell Alec
Seller's Agent
Wilson Zorrilla
EXP Realty NYC
List Price
$695,000
Sold Price
$750,000
Premium/Discount to List
$55,000
7.91%
Views
171
Current Estimated Value
$743,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,204
Avg. Annual Appreciation
-1.31%
Original Mortgage
$675,000
Outstanding Balance
$671,374
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$72,422

Purchase Details

Closed on
Dec 12, 1995
Sold by
Toomer John H
Bought by
Grosset Holliman Castel I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
7.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $750,000 --
Deed $750,000 --
Deed $164,500 --
Deed $164,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,000 Purchase Money Mortgage
Closed $675,000 Purchase Money Mortgage
Previous Owner $131,600 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2025 05/14/25 Sold $750,000 +7.9% $405 / Sq Ft
03/07/2025 03/07/25 For Sale $695,000 -- $376 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

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
2025 $4,252 $35,280 $11,280 $24,000
2024 $4,252 $33,120 $11,280 $21,840
2023 $4,299 $32,460 $11,280 $21,180
2022 $4,194 $26,580 $11,280 $15,300
2021 $4,171 $24,960 $11,280 $13,680
2020 $3,128 $26,880 $11,280 $15,600
2019 $3,690 $29,700 $11,280 $18,420
2018 $3,596 $17,640 $6,700 $10,940
2017 $3,569 $17,506 $8,638 $8,868
2016 $3,302 $16,516 $8,128 $8,388
2015 $2,205 $15,582 $11,077 $4,505
2014 $2,205 $14,700 $12,540 $2,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20007778

Real Estate Board of New York (REBNY)

APN: 04776-0088