East Flatbush Mixed-Use
For Sale
$828,000
224 E 55th St, Brooklyn, NY 11203
Mixed-use property in vibrant Brooklyn neighborhood, delivered fully vacant.
Property Size2,700 SF
Price / SF$306.67
Days on Market117
Property Features for 224 E 55th St
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,269
Building Details
Building Size
2,700 SF
Year Built
1910
Units
2
Listing Agency:
Mitra Hakimi Realty Group LLC
(718) 268-5588
Listed By:
Etan Hakimi · License #1014541
(718) 268-5588
Source:
Elliman
Added: Apr 22
Changed: Aug 8
Last Checked: Aug 16 at 6:29AM
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 Mitra Hakimi Realty Group LLC
Investment Insights
Based on property information with market context.
Located in East Flatbush, Brooklyn, this mixed-use property at 224 East 55th Street offers approximately 2,700 square feet of space. The building features a commercial retail space on the ground floor, previously used as a beauty parlor, with street presence, walk-in access, and visibility along a residential corridor. The layout suits continued salon use or adaptation for retail, office, or professional services. Above the commercial space is a duplex residential apartment spanning the second floor and basement levels, offering multiple bedrooms, a full bathroom, and living space. The basement level provides recreational or storage space and utility areas. This configuration allows for a live/work opportunity or income-producing investment. Situated in a high-density neighborhood, the property benefits from a local customer base, shopping corridors, schools, and community amenities. Transportation is accessible via the MTA B46 bus, MTA B47 bus, and MTA B82 bus, as well as subway service on the New York City Subway 2 line and New York City Subway 5 line. The property will be delivered fully vacant.
Key Highlights
- Delivered FULLY VACANT, offering immediate occupancy and flexibility.
- Mixed‑use property with commercial retail space and a spacious duplex residential apartment, providing live/work opportunity or income potential.
- Located in the heart of East Flatbush, a vibrant and growing Brooklyn community.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,107
Businesses Nearby
152k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 35%
Electronics 6%
Apparel 2%
McDonald's
Dining
29,356 visits/mo
0.1 miles
BP
Shops & Services
24,242 visits/mo
0.1 miles
Capital One Bank
Shops & Services
19,243 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
16,468 visits/mo
0.3 miles
Chase Bank
Shops & Services
16,187 visits/mo
0.3 miles
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in vibrant Brooklyn neighborhood, delivered fully vacant.
Where is this mixed-use property located?
The property is located at 224 E 55th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $828,000.
What are key features of this property?
This property features: Delivered FULLY VACANT, offering immediate occupancy and flexibility.; Mixed‑use property with commercial retail space and a spacious duplex residential apartment, providing live/work opportunity or income potential.; Located in the heart of East Flatbush, a vibrant and growing Brooklyn community.
