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224 E 55th Street

Brooklyn, NY 11203 · Brooklyn

Status
Active
On site
195 days

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About this home

Welcome to 224 East 55th Street, a well-maintained mixed-use property located in the heart of East Flatbush, one of Brooklyn’s most vibrant and growing communities. This versatile building offers approximately 2,700 square feet of total space and presents an excellent opportunity for both investors and owner-users. The property features a commercial retail space (formerly used as a beauty parlor on the ground floor), offering strong street presence with convenient walk-in access and excellent visibility along a residential corridor with steady foot traffic. The layout is well-suited for continued salon use or can be adapted for a variety of commercial purposes, including retail, office, or professional services. Above the commercial space sits a spacious duplex residential apartment spanning the second floor and basement levels. The residence offers a functional and flexible layout with multiple bedrooms, a full bathroom, and generous living space. The basement level provides additional recreational or storage space, along with utility areas, enhancing the overall usability of the home. Adding to its appeal, the property includes a private driveway, a valuable and often hard-to-find feature in Brooklyn, offering convenient off-street parking and enhanced accessibility for both residential and commercial use. This mixed-use configuration creates an ideal live/work opportunity or income-producing investment, allowing for rental income from one or both units. Situated in a dynamic, high-density neighborhood, the property benefits from a strong local customer base, nearby shopping corridors, schools, and community amenities. Transportation is easily accessible via multiple bus lines including the MTA B46 bus, MTA B47 bus, and MTA B82 bus, as well as nearby subway service on the New York City Subway 2 line and New York City Subway 5 line, providing convenient access throughout New York City. Whether you’re looking to establish your business, generate rental income, or invest in a growing Brooklyn market, this property offers exceptional flexibility and long-term potential. Property will be delivered FULLY VACANT! Don’t miss this unique opportunity to own a mixed-use building in a thriving East Flatbush location.

Listed with Mitra Hakimi Realty Group LLC · Etan Hakimi · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Nov 2, 2026, 10:07 PM ET. ©2026 One Key MLS.

Estimate your monthly payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and private mortgage insurance.

$4,240.20Total / mo

Estimated monthly payment

Principal & interest
$3,684.45(86.9%)
Taxes
$355.75(8.4%)
Insurance
$200.00(4.7%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market insights

The market around Brooklyn, NY

Current listings

New in the last 30 days

237

Nov 2026

Average price

Active listings

$1,301,467

Nov 2026

Average days on market

Active listings

179 days

Nov 2026

Computed from 1,562 active OneKey MLS listings in Brooklyn, NY.

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