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1639 E 55th StreetBrooklyn, NY 11234

For Sale

$998,000

Smart Buyer Rebate $12,450

Spacious legal three family property in Brooklyn currently configured as a two units with a total of six bedrooms and two bathrooms. Property requires TLC and is perfect for investors or end users looking to renovate and add value. Delivered in as-is condition. Lot size is 40vx100. Needs renovation and offers great value-add potential.
Buyers should verify legal use and zoning. Sold as-is. Please do not disturb the owner and the tenants. No SHOWINGTIME or lockbox. Buyer and their agents must check all facts pertaining to the home, the seller makes no representations of the property.

Listed by Aswad A. Miller

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Brown Harris Stevens

·

718-878-1700

Last updated May 23, 2026

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Source: OneKey #1000685

Listing Facts

  • TypeMulti-family
  • NeighborhoodFlatlands
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu31
  • Taxes$7,891.76/year

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

05/23/2026
Price Decreased
$998,000
05/19/2026
Status changed to Active
$999,000
05/16/2026
Status changed to Temporarily Off Market
$999,000
05/15/2026
Listed by Brown Harris Stevens
$999,000

Estimated Closing Costs

Total
$29,360
Attorney Fees
$4,000
Title Insurance
$4,491
Bank Attorney
$1,500
Mortgage Recording Tax
$15,369
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $998,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1639 E 55th Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1925
  • Architectural Style: Colonial
  • Construction Materials: Aluminum Siding, Stone
  • Exterior Features: Awning(s), Garden

Features

  • Fencing: Back Yard, Chain Link, Partial
  • Other Structures: Carport(s), Shed(s)
  • View: Neighborhood, Trees/Woods

Measurements

  • Building Area Total: 1,687
  • Building Area Units: Square Feet
  • Lot Features: Back Yard, Garden
  • Lot Size Acres: 0.09
  • Lot Size Square Feet: 4,000

Financial

Taxes

  • Parcel Number: 08495-0034
  • Tax Annual Amount: $7,891.76
  • Tax Assessed Value: $54,540.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Hardwood, Laminate, Tile, Wood
  • Interior Features: First Floor Bedroom, First Floor Full Bath, Galley Type Kitchen, High Ceilings, Original Details, Primary Bathroom, Walk Through Kitchen

Rooms

  • Basement: Finished, Full, Walk-Out Access
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3

Parking

Parking

  • Carport Spaces: 1
  • Carport: Yes
  • Parking Features: Carport, Driveway, On Street
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Ps 203 Floyd Bennett School
  • Elementary School District: Brooklyn 22

High School

  • High School: James Madison High School
  • High School District: Brooklyn 22

Middle or Junior School

  • Middle Or Junior School: Jhs 78 Roy H Mann
  • Middle Or Junior School District: Brooklyn 22

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 3 bedrooms and 2 bathrooms in this multi-family home at 1639 E 55th Street.

What schools are nearby to 1639 E 55th Street?

Nearby schools include the Ps 203 Floyd Bennett School Elementary School, Jhs 78 Roy H Mann Middle School, and James Madison High School.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 1639 E 55th Street.

What are the annual taxes for 1639 E 55th Street?

Annual taxes for this multi-family home are estimated at $7,891.

How does 1639 E 55th Street compare to other multi-family homes in Flatlands?

This multi-family home is listed 3% below the average price for multi-family homes in Flatlands and has been on the market for 79 less days than the typical home in this area.

1639 E 55th Street is a 3-bedroom, 2-bath multi-family home for sale in Brooklyn NY 11234. Listed on Prevu for 31 days at $998,000. This includes a recent price decrease of $1,000. This home is located in Flatlands. The median listing price for multi-family homes in this area is $783,750. Nearby schools include Ps 203 Floyd Bennett School Elementary School, Jhs 78 Roy H Mann Middle School, and James Madison High School. The home offers private outdoor space and parking. Browse more multi-family home listings in Brooklyn.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.