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Brooklyn Two-Family Home
For Sale
$799,000
Pending

1239 E 55th St, Brooklyn, NY 11234

Two-family home in Mill Basin, Brooklyn, priced below market value.

Property Size3,392 SF
Lot Size0.05 Acres
Days on Market286

Property Features for 1239 E 55th St

General Information

Standard status Pending
Size 3,392 SF
Lot size 0.05 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $9,110

Building Details

Building Size 3,392 SF
Year Built 1960
Units 2
Listed By: Eshe E. Muir
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 8 Last Checked: Sep 9 at 11:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eshe E. Muir

Investment Insights

Based on property information with market context.

Located in Mill Basin, Brooklyn, this two-family property at 1239 East 55th Street offers an opportunity for investors or homeowners. Priced below market value, the property features two 2-bedroom units, each with 1 bathroom and a spacious layout. The property includes a fully finished basement that provides access to the backyard and a 1-car attached garage.

Key Highlights

  • Priced below market value.
  • Two 2‑bedroom units, ideal for investment or owner‑occupancy.
  • Located in the desirable Mill Basin neighborhood of Brooklyn.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Gym & Fitness Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,991
Businesses Nearby

Demographics for 11234, NY

92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family home in Mill Basin, Brooklyn, priced below market value.
Where is this duplex located?
The property is located at 1239 E 55th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Priced below market value.; Two 2‑bedroom units, ideal for investment or owner‑occupancy.; Located in the desirable Mill Basin neighborhood of Brooklyn.
More about this property
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