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Updated Two-Family Brick Home
For Sale
$840,000
Pending

1650 E 55th St, Brooklyn, NY 11234

Updated two-family brick home in Old Mill Basin, Brooklyn.

Property SizeContact for details
Days on Market100

Property Features for 1650 E 55th St

General Information

Standard status Pending
Property subtype Multi Family

Building Details

Year Built 1955
Listing Agency: Madison Estates & Properties
Listed By: Douglas Daniels
Source: Elliman
Added: Apr 28 Changed: Jul 10 Last Checked: Aug 5 at 11:56AM

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 Madison Estates & Properties

Investment Insights

Based on property information with market context.

This updated two-family brick home is located in the Old Mill Basin section of Brooklyn. The property features a two-bedroom apartment on the main level and a one-bedroom apartment on the lower level. Both apartments include modern kitchens and updated bathrooms. The interiors are bright and airy and move-in ready. The location is near parks and green spaces, public transportation, shopping, dining, and local schools. The property is suitable for owner occupancy, investment, or generating rental income. The bike score is 66, making it bikeable. The walk score is 84, indicating it is very walkable. The transit score is 80, indicating excellent transit options.

Key Highlights

  • Two‑family brick home in desirable Old Mill Basin
  • Versatile living options: owner occupancy, investment, or rental income
  • Spacious two‑bedroom and separate one‑bedroom apartments

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Catering Service

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

2,463
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

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 - Updated two-family brick home in Old Mill Basin, Brooklyn.
Where is this duplex located?
The property is located at 1650 E 55th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: Two‑family brick home in desirable Old Mill Basin; Versatile living options: owner occupancy, investment, or rental income; Spacious two‑bedroom and separate one‑bedroom apartments
More about this property
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