Prime Sunset Park 4th Avenue Lot For Development! Lot Size: 39 × 100 (Irregular) = 2,766 Sq. Ft. Zoning: R-7A/ with C2-4 commercial overlay Max Residential FAR: 4.0 Max Buildable Residential — 11,064 Sq. Ft. Max Commercial FAR: 2.0 Max Buildable Commercial — 5,533 Sq. Ft. *Please note the property is not a Landmark This development opportunity is located in a super convenient location in Sunset Park, a block from 53rd Street subway station (D and N service), and within minutes to both 4th and 5th Avenue retail/shopping district, 8th Avenue (Sunset Park) retail/shopping district, restaurant rows, parks and play grounds, and great schools in the area. The property is currently a single story building and a garage. The R-7A residential zoning with 4.0 floor to area ratio allows for multiple unit residential building. The additional C2-4 overlay allows for mixed-use option or a full commercial building. The location is also in close proximity to Industry city, Japan Village, Sunset Park, Brooklyn Army Terminal, Ferry Service at the Brooklyn Army Terminal, and easy access to major highways north, west and east. Please call for information.
Property Details
Property Features
Property Information:
Year Built: 1899
Stories: 1
Living Area: 1,600 SqFt
Listing Office:
Office Name: RE/MAX Real Estate Professiona
Price Information
Listing Price Info
Price Summary:
List Price: $1,990,000
Price Per SqFt: $1,244/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Brooklyn, NY.
This property is $1.0M more than the Median Sold Price and $560/SqFt more than other homes in Brooklyn, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #480300
Listing Office:
Office Name: RE/MAX Real Estate Professiona
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 4/28/2024, 10:25:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$10K
Per Month
Principal & Interest
$9,933
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,033
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
PS 506 The School of Journalism and Technology
330 59th St
Distance between this listing and this school0.24 miles
Public District Grades PK-5
4
/10
PS 503 The School of Discovery
330 59th St
Distance between this listing and this school0.24 miles
Public District Grades KG-5
5
/10
PS 94 The Henry Longfellow
5010 6th Ave
Distance between this listing and this school0.34 miles
Public District Grades KG-5
Nearby Schools
4
/10
Intermediate School 136 Charles O Dewey
4004 4th Ave
Distance between this listing and this school0.73 miles
Public District Grades 6-8
6
/10
Sunset Park Preparatory
4004 4th Ave
Distance between this listing and this school0.73 miles
Public District Grades 6-8
9
/10
Jr High School 220 John J Pershing
4812 9th Ave
Distance between this listing and this school0.77 miles
Public District Grades 6-8
Nearby Schools
5
/10
High School of Telecommunications Arts and Technology
350 67th St
Distance between this listing and this school0.61 miles
Public District Grades 9-12
4
/10
Sunset Park High School
153 35th St
Distance between this listing and this school1.02 miles
Public District Grades 9-12
2
/10
West Brooklyn Community High School
1053 41st St
Distance between this listing and this school1.19 miles
The neighbors living near this home have an average income of $41,848. The majority of Brooklyn, NY residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 412 55th St
What is the listing price of this property?
The listing price of 412 55th St property is $1,990,000.
What type of property is this?
The property 412 55th St is land located in Brooklyn, New York, 11220.
Is this property for sale now?
Active Listing: 412 55th St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 412 55th St in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 1,600 square foot home was built in 1899. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $1,990,000.
In March 2024, from all listings sold in Brooklyn, NY there were more than 39 sold above asking price, over 151 sold below and more than 179 were sold right at the asked price. The number of homes for sale in Brooklyn, NY increased by 0.8% between February 2024 and March 2024. In March 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $957,365.
From Rocket Homes Real Estate and based on county public records data.
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 
Major League Soccer (MLS)
Major League Soccer (MLS)
Mexican League Soccer
Pro Boxing
H&M
Foot Locker
Ross Dress For Less
Popeyes
Little Caesars
Boston Market
Nissan
Dodge
Honda
Rhythmic Contemporary Hits
Urban Adult Contemporary