516 55th St Brooklyn, NY 11220

Listing office Winzone Realty Inc r***@gmail.com Show Phone

Listing date Jun 3, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This vacant 3-family building is configured for straightforward owner or investor occupancy, with a total building footprint measuring 20 by 45. A basement measuring 20 by 55 includes 3 rooms and 1 bathroom. The first floor provides 3 bedrooms and 1 bathroom, while the second floor offers 4 bedrooms and 1 bathroom.

The property sits on a 20 by 100 lot. Utilities are separated by unit, with separate electric, gas, and hot water systems, which can simplify tenant turnover and ongoing management.

With the building delivered vacant, the layout supports an owner-occupant or a buyer looking to manage all units directly from day one. Each floor plan includes kitchen-and-living spaces supported by its respective bedroom and bathroom count, while the basement adds additional usable interior space. The location is described as convenient to transportation, shopping, and daily essentials, providing practical day-to-day access for future residents.

Key Highlights

• Three‑unit property with separate electric, gas, and hot water systems
• Basement: 20x55 includes 3 rooms and 1 bathroom
• 1st floor features 3 bedrooms and 1 bathroom

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FAQs

What type of property is this?

Triplex - Three-unit income property with separate utility systems, including basements and multiple bedroom configurations.

Where is this triplex located?

The property is located at 516 55th St Brooklyn, NY.

What is the asking price?

The asking price for this property is $1,620,000.

What are key features of this property?

This property features: Three‑unit property with separate electric, gas, and hot water systems; Basement: 20x55 includes 3 rooms and 1 bathroom; 1st floor features 3 bedrooms and 1 bathroom