Seller's Agent in 2025
Phoebe Burger
Ben Bay Realty Co
(917) 385-1719
7 in this area
124 Total Sales
729 55th St Brooklyn, NY 11220
Sunset Park Neighborhood
8
Beds
4
Baths
2,240
Sq Ft
2,404
Sq Ft Lot
Highlights
- Wood Flooring
- Detached Garage
- Heating System Uses Steam
- IS 220 John J. Pershing Rated A-
- Multiple cooling system units
- 4-minute walk to Rainbow Playground
About This Home
As of November 2025Prime Sunset Park 8th Ave 2 family brick semi-detached, building 20x60, lot 24x100 R6B, shared driveway with garage, and finished basement. Deliver vacant. Near 8th Ave shopping and restaurants. Lots of potentials for rebuild or extensions. Great for investment. Hurry before it’s gone.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,340
Year Built
- Built in 1930
Lot Details
- 2,404 Sq Ft Lot
- Lot Dimensions are 100 x 24
- Back Yard
Home Design
- Brick Exterior Construction
- Poured Concrete
- Rubber Roof
Interior Spaces
- 2,240 Sq Ft Home
- 2-Story Property
- Finished Basement
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- Detached Garage
- Shared Driveway
Utilities
- Multiple cooling system units
- Heating System Uses Steam
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 826
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2025
Closed on
Nov 3, 2025
Sold by
Mei Zhu Yong
Bought by
Chen Hang and Chen Mingjian
Seller's Agent
Phoebe Burger
Ben Bay Realty Co
Buyer's Agent
Phoebe Burger
Ben Bay Realty Co
List Price
$2,300,000
Sold Price
$1,700,000
Premium/Discount to List
-$600,000
-26.09%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.85%
Original Mortgage
$1,088,000
Outstanding Balance
$1,086,978
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$778,753
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,700,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,088,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | Sold | $1,700,000 | -26.1% | $759 / Sq Ft |
| 05/15/2025 05/15/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | For Sale | $2,300,000 | -- | $1,027 / Sq Ft |
Source: Brooklyn Board of REALTORS®
Tax History Compared to Growth
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 | $7,237 | $57,660 | $20,040 | $37,620 |
| 2024 | $7,237 | $67,860 | $20,040 | $47,820 |
| 2023 | $7,037 | $61,020 | $20,040 | $40,980 |
| 2022 | $6,492 | $58,320 | $20,040 | $38,280 |
| 2021 | $6,460 | $57,420 | $20,040 | $37,380 |
| 2020 | $6,460 | $69,600 | $20,040 | $49,560 |
| 2019 | $5,983 | $76,980 | $20,040 | $56,940 |
| 2018 | $5,654 | $29,196 | $5,676 | $23,520 |
| 2017 | $5,513 | $28,513 | $8,745 | $19,768 |
| 2016 | $5,068 | $26,900 | $9,075 | $17,825 |
| 2015 | $3,025 | $25,380 | $10,388 | $14,992 |
| 2014 | $3,025 | $25,021 | $12,289 | $12,732 |
Source: Public Records
Agents Affiliated with this Home
-
Phoebe Burger
Map
Source: Brooklyn Board of REALTORS®
MLS Number: 492734
APN: 00826-0068
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