#490543, Listing office: Momentum Real Estate LLC
Property details
About 838 55th St
Rare Sunset Park Two-Family with R6 zoning lot of 2,337 sqft & Expansion Potential (FAR 3.0 to 7,000 sqft and 6 floors). First time on the market in 40 years. Solid semi-detached two-family brick home located in the heart of 8th Ave Chinatown, offering incredible potential for both end-users and developers. With R6 zoning, this property sits on a 23.33' x 100.17' lot and offers significant buildable potential up to 7,000 sqft — ideal for those looking to expand or develop in one of Brooklyn’s most in-demand neighborhoods. House is 19' x 55'. This spacious home features 6 bedrooms and 3 full bathrooms across two levels, plus a finished basement with a separate entrance — perfect for extended family or extra living space. The layout is currently configured as two large units, providing flexibility for owner-occupancy with rental income or full investment use. House is in fair condition.
Highlights
Home typeMulti Family
HeatingSteam, Natural Gas
StatusActive
CoolingWindow Unit(s)
Size2,090 sqft
BasementYes
Year built1920
ParkingDetached Garage,Other, Shared Drive
MLS #494196
FireplaceStove
Summary
- Full Bathrooms: 3
- Appliances: Refrigerator, Stove
- Basement: Yes
- Flooring Type: Hardwood, Tile, Other
- Fireplace: Stove
- Total Bedroom Count: 6
- Attached Garage: No
- Parking: Detached Garage,Other, Shared Drive
- Architectural Style: Other
- Heating: Steam, Natural Gas
- Cooling: Window Unit(s)
- List Price: $1,999,000
- Price/SqFt: $956
- Annual Tax Amount: $9,045
- Tax Year: 2024
- Year Built: 1920
- Stories: 2
- Living Area: 2,090 SqFt
- MLS Number: 494196
- Office Name: Re/Max Real Estate Professiona
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Last updated on: 7/16/2025, 1:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $77,640 | $9,045 |
| 2023 | $89,700 | $8,527 |
| 2021 | $90,060 | $16,954 |
| 2019 | $92,160 | $8,374 |
| 2018 | $36,547 | $6,784 |
| 2017 | $34,754 | $6,637 |
History based on county public records data.
Nearby schools
8
P.S. 105 Blythebourne School
Public District KG-5
0.3 mi
•1031 59th St
7
P.S. 160 William T. Sampson School
Public District KG-5
0.4 mi
•5105 Fort Hamilton Pkwy
9
The School for Future Leaders
Public District KG-5
0.4 mi
•942 62nd St
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 $26,892. Most Brooklyn, NY residents have annual incomes less than $<35k. Typical family type is married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
65%
<35k
31%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
28%
Single, No Kids
11%
Single, with Kids
27%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
30%
18-34 yrs old
41%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
Popeyes
Boston Market
Little Caesars
What do the neighbors drive?
Nissan
Honda
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 838 55th St
The listing price of 838 55th St property is $1,999,000.
The property 838 55th St is a multi located in Brooklyn, New York, 11220.
Active Listing: 838 55th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 838 55th St are: P.S. 105 Blythebourne School (GreatSchools Rating 8/10), P.S. 160 William T. Sampson School (GreatSchools Rating 7/10), The School for Future Leaders (GreatSchools Rating 9/10), J.H.S. 220 John J Pershing (GreatSchools Rating 7/10), Intermediate School 187 Christa Mcauliffe School (The) (GreatSchools Rating 9/10), PS 936 (GreatSchools Rating 8/10), West Brooklyn Community High School (GreatSchools Rating 3/10), High School of Telecommunications Arts and Technology (GreatSchools Rating 6/10), Sunset Park High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $9,045 (source: MLS/based on county public records data).
The property 838 55th St is 2,090 SqFt (source: MLS/tax record).
The year of construction for 838 55th St is 1920.
This home is located at 838 55th St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 2,090 square foot home was built in 1920. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 15, 2025 and is currently priced at $1,999,000.
While more than 44 listings in Brooklyn, NY in June 2025 were sold above asking price, there were more than 293 listings sold at asking price, and more than 155 were sold below. Between May and June 2025, Brooklyn, NY real estate market has seen decrease in the number of listings by 5%. The median list price of listings available in June 2025 was $1,019,077, while the average time on the real estate market was 92 days.
From Rocket Homes Real Estate and based on county public records data.