838 55th St Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $13,846/month
Total Views
1,491
6
Beds
3
Baths
2,090
Sq Ft
$1,148
Price per Sq Ft
Highlights
- Wood Flooring
- Fenced Yard
- Back, Front, and Side Yard
- P.S. 160 William T Sampson School Rated A-
- Detached Garage
- Multiple cooling system units
About This Home
Rare Sunset Park Two-Family with R6 zoning lot of 2,337 sqft & Expansion Potential (FAR 3.0 to 7,000 sqft and 6 floors). First time on the market in 40 years. Solid semi-detached two-family brick home located in the heart of 8th Ave Chinatown, offering incredible potential for both end-users and developers. With R6 zoning, this property sits on a 23.33' x 100.17' lot and offers significant buildable potential up to 7,000 sqft — ideal for those looking to expand or develop in one of Brooklyn’s most in-demand neighborhoods. House is 19' x 55'. This spacious home features 6 bedrooms and 3 full bathrooms across two levels, plus a finished basement with a separate entrance — perfect for extended family or extra living space. The layout is currently configured as two large units, providing flexibility for owner-occupancy with rental income or full investment use. House is in fair condition.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,604
Year Built
- Built in 1920
Lot Details
- 2,337 Sq Ft Lot
- Lot Dimensions are 100 x 23
- Fenced Yard
- Back, Front, and Side Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 2,090 Sq Ft Home
- 2-Story Property
- Finished Basement
- Partial Basement
- Stove
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- Detached Garage
- Shared Driveway
Utilities
- Multiple cooling system units
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Gas
- 110 Volts
Community Details
- 2 Units
- 2 Vacant Units
Listing and Financial Details
- Tax Block 5679
Map
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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 | $9,045 | $98,280 | $25,380 | $72,900 |
| 2024 | $9,045 | $77,640 | $25,380 | $52,260 |
| 2023 | $8,622 | $89,700 | $25,380 | $64,320 |
| 2022 | $8,173 | $82,140 | $25,380 | $56,760 |
| 2021 | $8,431 | $90,060 | $25,380 | $64,680 |
| 2020 | $8,375 | $92,880 | $25,380 | $67,500 |
| 2019 | $7,802 | $92,880 | $25,380 | $67,500 |
| 2018 | $7,152 | $36,547 | $8,550 | $27,997 |
| 2017 | $6,785 | $34,754 | $9,509 | $25,245 |
| 2016 | $6,638 | $34,754 | $10,042 | $24,712 |
| 2015 | -- | $34,137 | $14,236 | $19,901 |
| 2014 | -- | $32,246 | $12,598 | $19,648 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2025 08/03/25 | Price Changed | $2,399,000 | +20.0% | $1,148 / Sq Ft |
| 07/14/2025 07/14/25 | For Sale | $1,999,000 | -- | $956 / Sq Ft |
Source: Brooklyn Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Similar Homes in Brooklyn, NY
Source: Brooklyn Board of REALTORS®
MLS Number: 494196
APN: 05679-0021
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