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    959 55Th St Brooklyn, NY 11219

    For Sale
    $3,500,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Property size:
    4,742 SF
    Lot size:
    0.05 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 959 55Th St

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    R6
    Parking
    1
    Size
    4,742 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas

    Building Details

    Year built
    1910
    Floors in Building
    3
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Tiger Realty (917) 708-9966

    Listing agent Hang (Tyler) Chen (917) 708-9966

    Listing date Nov 10, 2025

    MLS# 497198 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Mixed-Use Investment Opportunity

    Located in Brooklyn, this mixed-use property at 959 55th Street features one community-use unit and four residential family units. The property is well-maintained and offers separate heating systems, individual boilers, and separate electric and gas meters for each unit, which is intended to reduce owner expenses and simplify management. It has a lot size of 0.04598255280073462 acres and a property size of 4742 square feet. The zoning is R6. A rare find in the area, the property includes private parking in front. This property is excellent for end-users or investors seeking strong rental potential in a highly desirable neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.0027
    Latitude
    40.636227

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with community unit and residential units in Brooklyn.
    Where is this mixed-use property located?
    The property is located at 959 55Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Four residential units plus one community-use unit offer diverse income streams or living options.; - Separate heating systems, boilers, and electric/gas meters for each unit simplify management and reduce owner expenses.; - Private parking in front is a rare and valuable amenity in this neighborhood.
    (917) 708-9966
    Request Owner's contact information
    959 55Th St Brooklyn, NY 11219
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    Brooklyn, NY 11219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    959 55Th St Brooklyn, NY 11219
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