Office Condo With Cellar
For Sale
$1,200,000
229 55th Street, Brooklyn, NY 11220
Commercial, Brooklyn, NY
Property Size3,918 SF
Lot Size0.09 Acres
Price / SF$306.28
Days on Market544
Property Features for 229 55th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
R6B
Basement
Full
Subdivision
Sunset Park
Standard status
Active
Size
3,918 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
6461
Amenities
air conditioning
Building Details
Year built
2016
Number of units
1
Building materials
Brick
Listing Agency:
Fang Fang Realty Inc
(718) 676-2518
Listed By:
Lila Leung
(718) 676-2518
Added: Feb 25, 2025
Changed: Aug 20
Last Checked: Aug 23 at 7:06PM
MLS# 489486
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Investment Insights
Based on property information with market context.
This commercial condominium includes an 890-square-foot first-floor community facility and a 3,028-square-foot cellar, providing 3,918 square feet across the two levels. Front and rear entrances support access to the main floor, while an elevator connects the first floor with the cellar. Each level includes one bathroom and 3 A/C units. The brick building was constructed in 2016 and carries R6B zoning.
The property is located in Brooklyn’s Sunset Park area near restaurants, supermarkets, banks, pharmacies, and parks. It is close to the 4th and 5th Avenue commercial district, with access to the N, R, and W train station as well as the B11 and B37 bus stops. The space is identified for community facility use and has been presented as suitable for office-oriented operations and nonprofit organizations.
The property is located in Brooklyn’s Sunset Park area near restaurants, supermarkets, banks, pharmacies, and parks. It is close to the 4th and 5th Avenue commercial district, with access to the N, R, and W train station as well as the B11 and B37 bus stops. The space is identified for community facility use and has been presented as suitable for office-oriented operations and nonprofit organizations.
Key Highlights
- 3,918 SF commercial condominium with 890 SF on the first floor and 3,028 SF in the cellar
- Front and rear entrances on the first floor with elevator access to the cellar
- Each level includes one bathroom and 3 A/C units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,522
Businesses Nearby
Explore this area
Business Placement
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two-level commercial condo with front and rear entrances, elevator access, and bathrooms on each level.
Where is this office units located?
The property is located at 229 55th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3,918 SF commercial condominium with 890 SF on the first floor and 3,028 SF in the cellar; Front and rear entrances on the first floor with elevator access to the cellar; Each level includes one bathroom and 3 A/C units
