817 55th Street

New York NY 11220

2280 sq. ft.

2000 sq. ft.

Multi-Family

Last sold for $1,950,000

Yan Hong Huang, last sold this property on 14 July 2026 after 94 days on market.

Overview

Prime Development Opportunity – 817 55th St, Brooklyn, NY 11220 Located in Sunset Park, this property sits on an R6-zoned lot, offering strong development potential. With a standard 20 × 100 lot, builders can take advantage of 2.2–3.0 FAR, allowing for a 4–6 story residential building—ideal for rentals, condos, or mixed-use projects. R6 zoning also permits community facility use, adding flexibility for various development strategies. Surrounded by ongoing new construction and rapid neighborhood growth, the area continues to attract developers and investors. With close proximity to Industry City, transportation, and the waterfront, the upside here is clear. A great opportunity to build, invest, or hold in one of Brooklyn’s fastest-growing neighborhoods.

Features

3 bathrooms

2280 sq. ft. floor area

2000 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in New York over the last 12 months, the estimated median property value of 817 55th Street is $1.51m.

Median value

$1.51m

Estimated value range

$605.55k - $2.9m

Median days on market

Estimated value trend

-4%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in New York. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 817 55th Street

2026

Sold

$1,950,000

14 Jul 2026 by Yan Hong Huang, of Ashford Homes

Happy sellers in New York

We have insufficient information to provide an overview of customer satisfaction for New York. Viewing the agent profiles, reviews and sales for New York can provide insights for this location.