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For Sale - 3 Family set up as 4 255 E 55th St 4 Unit Apartment Building $1,299,000 ($324,750/Unit) Brooklyn, NY 11203
EXECUTIVE SUMMARY
255 E 55th Street - Prime Three-Family Home Set Up as Four, Move-In Ready! Welcome to 255 E 55th Street - a spacious and well-maintained brick property offering a rare opportunity for both homeowners and investors. Currently configured as a four-unit setup, this legal three-family home provides flexibility, comfort, and strong income potential. Each unit is thoughtfully laid out with generous living space, modern finishes, and abundant natural light. The home has been recently updated and is move-in ready - ideal for end-users seeking additional rental income or investors looking to capitalize on the thriving rental market. Highlights include updated kitchens and bathrooms, separate entrances for each unit, and a full finished basement with private access. Whether you're looking to live in one unit and rent the others or fully lease the property, this home offers endless possibilities. Conveniently located near schools, shopping, public transportation, and major highways, 255 E 55th Street is a turnkey opportunity in one of Brooklyn's most desirable residential pockets.
PROPERTY FACTS
| Price | $1,299,000 | Apartment Style | Low-Rise |
| Price Per Unit | $324,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 4 | Building Size | 7,350 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1930 |
| Zoning | R5 - A low-to-medium density residential district that allows for a mix of housing types, including detached, semi-detached, and attached houses, as well as small apartment buildings. | ||
| Price | $1,299,000 |
| Price Per Unit | $324,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 7,350 SF |
| No. Stories | 3 |
| Year Built | 1930 |
| Zoning | R5 - A low-to-medium density residential district that allows for a mix of housing types, including detached, semi-detached, and attached houses, as well as small apartment buildings. |
AMENITIES
UNIT AMENITIES
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
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Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (73)
PROPERTY TAXES
| Parcel Number | 04703-0063 | Improvements Assessment | $49,050 |
| Land Assessment | $123,750 | Total Assessment | $172,800 |
PROPERTY TAXES
Parcel Number
04703-0063
Land Assessment
$123,750
Improvements Assessment
$49,050
Total Assessment
$172,800
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Presented by
5 Boro Realty
For Sale - 3 Family set up as 4 | 255 E 55th St
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