871 E 55th St Brooklyn, NY 11234
Flatlands NeighborhoodEstimated payment $5,033/month
Highlights
- Wood Flooring
- Hot Water Heating System
- Laundry Facilities
- 1 Car Attached Garage
- Private Driveway
- Back Yard
About This Home
This Colonial style multi-unit property in East Flatbush presents a solid investment opportunity with established rental income potential. The main residence features 3 bedrooms and 1.5 bathrooms, offering flexible configurations for owner-occupancy or tenant placement across multiple units. The rental unit features 2 bedrooms and 1 bathroom and allows for immediate income generation while you evaluate any refinancing or improvement strategies that align with your investment timeline. The interior showcases hardwood flooring throughout, adding durability and appeal to both owner and tenant spaces. An open concept living room creates an inviting layout that maximizes usable square footage and tenant satisfaction. A private driveway with built-in one car garage provides dedicated parking and convenient access, a practical asset in the neighborhood. Contact us to schedule a showing and discuss how this multi-unit property fits your investment portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,535
Year Built
- Built in 1955
Lot Details
- 1,983 Sq Ft Lot
- Lot Dimensions are 100 x 19
- Back Yard
Home Design
- Duplex
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 2,123 Sq Ft Home
- 2-Story Property
- Wood Flooring
Parking
- 1 Car Attached Garage
- Private Driveway
Utilities
- Hot Water Heating System
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Community Details
- 2 Units
- Laundry Facilities
- 2 Vacant Units
Listing and Financial Details
- Tax Block 7973
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $7,721 | $44,460 | $9,960 | $34,500 |
| 2025 | $7,284 | $47,280 | $9,960 | $37,320 |
| 2024 | $7,284 | $43,320 | $9,960 | $33,360 |
| 2023 | $6,949 | $51,000 | $9,960 | $41,040 |
| 2022 | $6,818 | $41,760 | $9,960 | $31,800 |
| 2021 | $6,781 | $32,220 | $9,960 | $22,260 |
| 2019 | $6,322 | $34,440 | $9,960 | $24,480 |
| 2018 | $5,812 | $28,512 | $7,372 | $21,140 |
| 2017 | $5,812 | $28,512 | $8,260 | $20,252 |
| 2016 | $5,657 | $28,297 | $8,947 | $19,350 |
| 2015 | $3,188 | $26,696 | $9,450 | $17,246 |
| 2014 | $3,188 | $25,185 | $9,137 | $16,048 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/25/2026 06/25/26 | Pending | -- | -- | -- |
| 06/25/2026 06/25/26 | For Sale | $799,900 | -- | $377 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Foreclosure Deed | $640,000 | -- | |
| Deed | $190,000 | Commonwealth Land Title Ins | |
| Deed | -- | Lawyers Title Insurance Corp |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $37,500 | No Value Available | |
| Previous Owner | $86,460 | No Value Available | |
| Closed | $345,000 | No Value Available | |
| Closed | $17,766 | Credit Line Revolving |
Source: Brooklyn Board of REALTORS®
MLS Number: 502414
APN: 07973-0015
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