For Sale

Listed by Tyler Chen

Source: Brooklyn Board of REALTORS® #504978

865 55th Street, New York, NY, 11220

$2,400,000

7
2
2080 sq. ft.
2003 sq. ft.

MultiFam

•

30+ days on the market

What's around 865 55th Street

About this property

An exceptional two-family brick residence awaits at 865 55th Street, offering strong income potential in one of Brooklyn's most sought-after neighborhoods. Built in 1920, this 2,080 sq. ft. property sits on a 2,003 sq. ft. lot and features 7 bedrooms and 2.5 baths across two stories — an ideal setup for investors or end-users looking to customize. The R6 zoning district presents outstanding development potential, with the possibility to maximize buildable space (subject to zoning and architect verification). Investment Highlights: • Versatile Two-Family Layout: Two self-contained units offering immediate rental income potential. • R6 Zoning: Rare opportunity for developers and builders to explore expanded buildable square footage. • Delivered Vacant: Property will be sold as-is and delivered vacant at closing, giving buyers a blank canvas. • Low Carrying Costs: Annual property taxes approximately $8,702.

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