$1,150,000

Estimated payment $6,627/month

Total Views 600
-- Bed
-- Bath
2,123 Sq Ft
$542 Price per Sq Ft

Highlights

  • Eat-In Gourmet Kitchen
  • Wood Flooring
  • Double Vanity
  • Open Floorplan
  • Granite Countertops
  • 5-minute walk to Fox Playground

About This Home

Welcome to 877 East 55th Street, a truly exceptional legal brick two-family residence located in the heart of Flatlands, Brooklyn. This impeccably renovated home offers the perfect blend of modern luxury, functionality, and income potential. The owner’s duplex unit is absolutely stunning, featuring a spacious formal living room and formal dining room, complemented by a custom-designed eat-in kitchen with a modern open layout, stainless steel appliances, and a stylish island/breakfast table. The space is enhanced by natural water-based hardwood floors, elegant modern chandeliers throughout, and abundant natural light. The duplex includes three generously sized bedrooms and one and a half bathrooms, a front balcony, and direct access to the backyard from the second floor, creating seamless indoor-outdoor living. The second unit is a beautifully updated two-bedroom rental, offering a renovated kitchen, dining area, full bathroom, and direct backyard access, making it highly desirable for tenants or extended family. Additional highlights include a private driveway, garage, and a cozy, well-maintained backyard, perfect for family gatherings and outdoor entertainment. Ideally situated near shopping, schools, and public transportation, this property offers both convenience and lifestyle. A rare opportunity to own one of the finest properties in the Flatlands' neighborhood—move-in ready, income-producing, and built to impress.

Listing Agent

Isabel Martinez

Inter Realty LLC Brokerage Phone: 347-233-4495 License #40MA1071979 Listed on: 12/12/2025

Inter Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,997

Year Built

  • Built in 1955

Lot Details

  • 1,983 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Double Vanity
  • Open Floorplan
  • Decorative Fireplace
  • Electric Fireplace
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Gourmet Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 07973-0012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,997

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1955
  • Attribution Contact: 347-233-4495
  • Carport Y N: Yes
  • Structure Type: Townhouse
  • CurrentPrice: 1150000.00
  • MlsMajorChangeType: New Listing
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 25274725.2747
  • CurrentPrice_By_BuildingAreaTotal: 541.68629
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Chefs Kitchen, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Open Kitchen, Washer/Dryer Hookup
  • Fireplaces: 1
  • Flooring: Ceramic Tile, Hardwood
  • Fireplace Features: Decorative, Electric, Living Room
  • Fireplace: Yes
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Driveway
  • Carport Spaces: 1

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0455
  • Lot Size Sq Ft: 1983
  • Parcel Number: 07973-0012
  • Property Attached: Yes

Multi Family

  • Units Total: 2

Tax Info

  • Tax Annual Amount: 6996.6
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,985 $47,280 $9,960 $37,320
2024 $6,985 $43,320 $9,960 $33,360
2023 $6,647 $51,000 $9,960 $41,040
2022 $6,526 $41,760 $9,960 $31,800
2021 $6,485 $32,220 $9,960 $22,260
2020 $4,864 $34,920 $9,960 $24,960
2019 $6,013 $34,440 $9,960 $24,480
2018 $5,500 $28,440 $7,331 $21,109
2017 $5,498 $28,440 $8,239 $20,201
2016 $5,333 $28,226 $8,925 $19,301
2015 $3,178 $26,629 $9,426 $17,203
2014 $3,178 $25,122 $9,114 $16,008
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 For Sale $1,150,000 -- $542 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $700,000 --
Interfamily Deed Transfer -- --
Bargain Sale Deed $225,000 Commonwealth Land Title Ins
Bargain Sale Deed $225,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $710,000 Purchase Money Mortgage
Previous Owner $220,150 FHA
Source: Public Records

Source: OneKey® MLS

MLS Number: 943720

OneKey® MLS

APN: 07973-0012