Exceptional, fully renovated legal two-Household brick property located in Sunset Park, offering tremendous flexibility and income potential. It can easily be converted to a 3-Household. Building size 20x47 over a 20x100 lot. The building has undergone a complete gut renovation and features steel beam construction throughout all levels. All major systems have been updated, including plumbing, gas lines, electrical wiring, windows, flooring, kitchens, and bathrooms. The property features three stories, plus a finished basement. Each floor has 4 bedrooms and 2 full bathrooms, while the basement has a separate entrance, windows, and extra living space, and 2 full bathrooms. Outside is a large private backyard. Additional features include 3 gas meters, 3 electric meters, 3 separate heating systems, and 3 separate hot water systems, providing separately metered utilities and independent services. Conveniently located near the vibrant 5th Avenue shopping and dining district, with easy access to public transportation, including the N and R subway lines, as well as the B11, B63, and B9 bus routes. Great opportunity for investors, owner-occupants, or multi-generational living.
Listed by Kelly Wu
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RE/MAX Edge
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718-288-3835
Last updated June 05, 2026
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Source: OneKey #1009391
Listing Facts
TypeMulti-family
NeighborhoodSunset Park
Days on Prevu11
Taxes$8,353.6/year
Location
Mortgage Calculator
Listing History
06/04/2026
Listed by RE/MAX Edge
$2,250,000
Estimated Closing Costs
Total
$82,400
Attorney Fees
$4,000
NYC Mansion Tax
$28,125
Title Insurance
$10,125
Bank Attorney
$1,500
Mortgage Recording Tax
$34,650
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $2,250,000 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 448 55th Street
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Year Built: 1901
Construction Materials: Brick, Brownstone, Other
Measurements
Building Area Total: 3,004
Building Area Units: Square Feet
Lot Size Acres: 0.04
Lot Size Dimensions: 20,100
Lot Size Square Feet: 2,003
Financial
Taxes
Parcel Number: 00831-0026
Tax Annual Amount: $8,353.60
Tax Assessed Value: $87,000.00
Tax Year: 2025
Interior
Features
Interior Features: Other
Rooms
Basement: Finished, Full, See Remarks
Has Basement: Yes
Other
Location
Tax Block: 831
Tax Lot: 26
Parking
Parking
Parking Features: Other
Schools
Elementary School
Elementary School: Contact Agent
Elementary School District: Contact Agent
High School
High School: Contact Agent
High School District: Contact Agent
Middle or Junior School
Middle Or Junior School: Call Listing Agent
Middle Or Junior School District: Contact Agent
Utilities
Equipment
Heating: Other
Sewer: Other
Utilities: See Remarks
Water Source: Other
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 448 55th Street.
What schools are nearby to 448 55th Street?
Nearby schools include the Contact Agent Elementary School, Call Listing Agent Middle School, and Contact Agent High School.
What are the annual taxes for 448 55th Street?
Annual taxes for this multi-family home are estimated at $8,353.
How does 448 55th Street compare to other multi-family homes in Sunset Park?
This multi-family home is listed 13% above the average price for multi-family homes in Sunset Park and has been on the market for 156 less days than the typical home in this area.
448 55th Street is a -bedroom multi-family home for sale in Brooklyn NY 11220. Available on Prevu for 11 days at $2,250,000. This home is located in Sunset Park. The median listing price for multi-family homes in this area is $750,000. Nearby schools include Contact Agent Elementary School, Call Listing Agent Middle School, and Contact Agent High School. Browse more multi-family home listings in Brooklyn.
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