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448 55th StreetBrooklyn, NY 11220

For Sale

$2,250,000

Smart Buyer Rebate $28,125

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

·

RE/MAX Edge

·

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.

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.