$999,000
0.05 Acres0.05 ac
175 E 55th Street
Brooklyn, NY 11203
Listed with WW Realty Group Inc
$1,299,000
Est. $7,134/moBrooklyn, NY 11220 · Brooklyn
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Rare Residential & Commercial Conversion Opportunity Near Brooklyn’s 8th Avenue Chinatown! Welcome to 816 56th Street, Brooklyn, a unique one-family home with excellent commercial conversion potential, ideally located just minutes from the vibrant 8th Avenue commercial corridor in the heart of Brooklyn’s Chinatown. The property features 4 bedrooms and 3 bathrooms, with two stories plus a basement, along with a private garage in the rear. One of the property’s strongest features is its R6/C1-3 zoning, offering tremendous flexibility and potential for commercial or mixed-use conversion, subject to applicable zoning regulations and approvals. Ideal for investors, developers, business owners, or end users looking to establish a retail, restaurant, office, service, or other permitted commercial use in one of Brooklyn’s busiest commercial neighborhoods. Excellent location near 8th Avenue shopping, restaurants, supermarkets, transportation (B70, B11, B9, B16 Buses and N, R, W, D Trains), and neighborhood amenities. Use it as a home, convert for business use, or explore its redevelopment potential — a rare opportunity in a prime Brooklyn location.
Listed with RE/MAX Edge · Kelly Wu · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Nov 2, 2026, 2:08 PM ET. ©2026 One Key MLS.
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Current listings
New in the last 30 days
234
Nov 2026
Average price
Active listings
$1,310,824
Nov 2026
Average days on market
Active listings
180 days
Nov 2026
Computed from 1,593 active OneKey MLS listings in Brooklyn, NY.
$999,000
0.05 Acres0.05 ac
175 E 55th Street
Brooklyn, NY 11203
Listed with WW Realty Group Inc
$1,249,000
4 Bed • 3 Bath4 bd · 3 ba
501 Vandervoort Avenue
Brooklyn, NY 11222
Listed with Orion Homes Realty LLC
$1,049,000
4 Bed • 3 Bath • 1,320 Sq. Ft.4 bd · 3 ba · 1,320 sqft
1667 E 52TH Street
Brooklyn, NY 11234
Listed with Nathan Ethan Realty LLC