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412 55th

$2,700,000

Est. $13,999/mo

Brooklyn, NY 11220 · Brooklyn

Status
Active
On site
9 days

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About this home

Rare development opportunity in Sunset Park, Brooklyn! Located off 4th Avenue, 412 55th Street features approximately 2,766 SF of irregular land with an existing front garage and former assembly/community space toward the rear. Zoned R7A/C2-4 with a 4.0 residential FAR, yielding approximately 11,064 SF of theoretical residential zoning floor area. Offers tremendous redevelopment potential for residential condominiums, multi-family rental, mixed-use, retail, medical/professional offices, or community facility use. The front garage provides an opportunity for integrated private parking. Preliminary architectural concepts propose an 18-unit residential condo development with 1 retail space and 1 community facility space. Conveniently located near public transportation and commercial corridors. Package deal option: available individually or together with adjoining site at 404 55th Street!

Listed with RE/MAX Edge · Zaiyou Zhu · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Oct 23, 2026, 11:07 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.

$13,999.49Total / mo

Estimated monthly payment

Principal & interest
$13,299.49(95.0%)
Taxes
$500.00(3.6%)
Insurance
$200.00(1.4%)

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

235

Oct 2026

Average price

Active listings

$1,304,926

Oct 2026

Average days on market

Active listings

179 days

Oct 2026

Computed from 1,581 active OneKey MLS listings in Brooklyn, NY.

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