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255 E 55th StreetBrooklyn, NY 11203

For Sale

$1,299,000

Smart Buyer Rebate $16,238

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.

Listed by Nina Sabag

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5 Boro Realty Corp

·

855-305-3325

Last updated September 05, 2025

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Source: OneKey #892346

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Flatbush
  • Bedrooms8
  • Bathrooms5
  • Days on Prevu47
  • Taxes$13,076.48/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/04/2025
Price Decreased
$1,299,000
08/18/2025
Price Decreased
$1,349,000
07/22/2025
Listed by 5 Boro Realty Corp
$1,390,000

Estimated Closing Costs

Total
$48,340
Attorney Fees
$4,000
NYC Mansion Tax
$12,990
Title Insurance
$5,846
Bank Attorney
$1,500
Mortgage Recording Tax
$20,004
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,299,000 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 255 E 55th Street

Exterior

Construction

  • Number Of Units Total: 3
  • Year Built: 1930
  • Construction Materials: Other

Measurements

  • Building Area Total: 4,320
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,500

Financial

Taxes

  • Parcel Number: 04703-0063
  • Tax Annual Amount: $13,076.48
  • Tax Assessed Value: $172,800.00
  • Tax Year: 2024

Interior

Features

  • Interior Features: First Floor Bedroom, First Floor Full Bath

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 8

Parking

Parking

  • Carport Spaces: 3
  • Parking Total: 3

Utilities

Equipment

  • Cooling: Multi Units
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

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 2025, 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.