Search
Mixed-Use Building with Driveway
For Sale
$828,000

224 E 55th Street, Brooklyn, NY 11203

Commercial Sale, Brooklyn, NY

Property SizeContact for details
Lot Size0.03 Acres
Days on Market121

Property Features for 224 E 55th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R5
Rooms Basement
Parking features Driveway
Standard status Active
APN 04680-0028
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4269

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public

Building Details

Year built 1910
Number of units 2
Listing Agency: Mitra Hakimi Realty Group LLC
Listed By: Etan Hakimi · License #1014541
Added: Apr 22 Changed: Aug 19 Last Checked: Aug 20 at 7:06AM
MLS# 988745

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property contains approximately 2,700 square feet across a ground-floor commercial area and a duplex residence occupying the second floor and basement. The commercial portion was formerly used as a beauty parlor and has walk-in access. The residential component includes multiple bedrooms, a full bathroom, living areas, and basement space for recreation, storage, and utilities. The property will be delivered fully vacant, supporting separate commercial and residential occupancy.

A private driveway provides off-street parking and access at the property. The site is zoned R5 and occupies 0.0343 acres. Public water and public sewer serve the property, with water available listed among the utilities. Built in 1910, the building is located near shopping corridors, schools, and community amenities, with access to the MTA B46, MTA B47, and MTA B82 bus lines, plus New York City Subway 2 and 5 service.

Key Highlights

  • Approximately 2,700 square feet of total space
  • Ground‑floor commercial area with walk‑in access; formerly used as a beauty parlor
  • Duplex residence spans the second floor and basement

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Gym & Fitness Center Dental Office

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

3,107
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Vacant property combines ground-floor commercial space with an upper-level duplex residence and basement utility areas.
Where is this mixed-use property located?
The property is located at 224 E 55th Street 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: Approximately 2,700 square feet of total space; Ground‑floor commercial area with walk‑in access; formerly used as a beauty parlor; Duplex residence spans the second floor and basement
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message