$10,000 Closing Credit¹
#RLS20015585, ATHENA SALAVANTIS, Listing office: Compass
$1,400,000 List price
227 55th St Brooklyn, NY 11220
$10,000
Closing credit¹
10 beds
6 full
4,400 sqft
$318 / sqft
Multi-Family
Property details
About 227 55th St
Prime Sunset Park Six-Family Brick Building! A fantastic investment opportunity in the heart of Sunset Park! This well-maintained all-brick six-family building is ideally located in one of Brooklyn’s most sought-after neighborhoods. The property features are two spacious 1-bedroom apartments, four comfortable 2-bedroom apartments; a full basement offering ample storage or potential for additional use; a brand-new roof, brand new heating system, updated electric and a brand new boiler—all recently upgraded for peace of mind. Whether you’re looking to expand your portfolio or seeking a property with solid income potential, this building checks all the boxes. Located in a prime location close to transportation, shopping, schools, hospital and Sunset Park itself. Don’t miss this rare opportunity!
Highlights
Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
CoolingOther
Size4,400 sqft
BasementYes
Year built1911
ParkingOther, Street
MLS #490726
FireplaceOther
Summary
- Full Bathrooms: 6
- Appliances: Other
- Basement: Yes
- Flooring Type: Hardwood
- Interior: Other
- Fireplace: Other
- Total Bedroom Count: 10
- Parking: Other, Street
- Exterior: Other
- Heating: Hot Water, Natural Gas
- Cooling: Other
- List Price: $1,400,000
- Price/SqFt: $318
- Annual Tax Amount: $11,358
- Tax Year: 2024
- Year Built: 1911
- Stories: 3
- Living Area: 4,400 SqFt
- MLS Number: 490726
- Office Name: Compass Greater New York, LLC
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright © 2025 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/27/2025, 2:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,400,000
227 55th St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 21, 2000 | Home Sold | $240,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $324,540 | $11,358 |
| 2023 | $270,450 | $10,519 |
| 2021 | $180,315 | $8,851 |
| 2019 | $175,050 | $8,737 |
| 2018 | $64,723 | $7,624 |
| 2017 | $59,944 | $7,155 |
History based on county public records data.
Nearby schools
4
P.S. 503: The School Of Discovery
Public District KG-5
0.3 mi
•330 59th St
4
P.S. 506: The School Of Journalism Technology
Public District KG-5
0.3 mi
•330 59th St
5
Brooklyn Rise Charter School
Public Charter KG-2
0.4 mi
•475 53rd St Fl ST-2nd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,268. The most common annual income of people living in Brooklyn, NY is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
50%
<35k
45%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
46%
Single, No Kids
21%
Single, with Kids
11%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
34%
18-34 yrs old
29%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
#484328, Listing office: RE/MAX Edge
$10,000 Closing Credit¹
#486409, Listing office: RE/MAX Edge
$10,000 Closing Credit¹
#484705, Listing office: Bellmarc
$10,000 Closing Credit¹
#488717, Listing office: Keller Williams Realty Empire
$10,000 Closing Credit¹
#486953, Listing office: RE/MAX Edge
$10,000 Closing Credit¹
#490696, Listing office: Ben Bay Realty Co
$10,000 Closing Credit¹
#491064, Listing office: RE/MAX Edge
$10,000 Closing Credit¹
#492782, Listing office: E House Realty & Mgt. Inc.
$10,000 Closing Credit¹
#490136, Listing office: Tiger Realty
Frequently asked questions
About 227 55th St
The listing price of 227 55th St property is $1,400,000.
The property 227 55th St is a multi located in Brooklyn, New York, 11220.
Active Listing: 227 55th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 227 55th St are: P.S. 503: The School Of Discovery (GreatSchools Rating 4/10), P.S. 506: The School Of Journalism Technology (GreatSchools Rating 4/10), Brooklyn Rise Charter School (GreatSchools Rating 5/10), PS 936 (GreatSchools Rating 8/10), Intermediate School 136 Charles O Dewey (GreatSchools Rating 2/10), Sunset Park Preparatory (GreatSchools Rating 5/10), High School of Telecommunications Arts and Technology (GreatSchools Rating 6/10), Sunset Park High School (GreatSchools Rating 4/10), West Brooklyn Community High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $11,358 (source: MLS/based on county public records data).
The last sale was on September 21, 2000 for $240,000 (source: MLS/tax record).
The property 227 55th St is 4,400 SqFt (source: MLS/tax record).
The year of construction for 227 55th St is 1911.
This home is located at 227 55th St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 4,400 square foot home was built in 1911. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $1,400,000.
Brooklyn, NY housing market in May 2025 saw over 37 listings sold above listed price, more than 227 sold at listed price and over 172 sold below. The number of listings in Brooklyn, NY increased by 0.2% between April and May 2025. In May 2025, listings were on the market for 118 days. During the same period, the median list price in this real estate market was $992,262.
From Rocket Homes Real Estate and based on county public records data.