Office Units with Cellar
229 55th Street, Brooklyn, NY 11220
For Lease
$7,800/Mo
Rental, Brooklyn, NY
Space Size3,918 SF
Lot Size0.09 Acres
Days on Market507
Property Features for 229 55th Street
General Information
Property type
Property subtype
Zoning
Subdivision
Standard status
Size
Lot size
Amenities
front and rear entrances
elevator
bathroom
A/C units
Building Details
Year built
Number of units
Listing Agency:
Fang Fang Realty Inc
Listed By:
XueFang (Sue) Li
(718) 676-2518
Added: Jun 19, 2025
Changed: Nov 6
Last Checked: Nov 7 at 3:06AM
MLS# 493620
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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This office property offers 3,918 square feet across a first-floor community facility and a lower-level cellar. The main level contains 890 square feet, while the cellar adds 3,028 square feet of usable space. Front and rear entry points serve the first floor, with elevator access connecting to the cellar. Each level includes one bathroom and three A/C units.
The property is located in Brooklyn’s Sunset Park area near restaurants, supermarkets, banks, pharmacies, and parks. It is also close to the 4th and 5th Avenue commercial district, with access to the N, R, and W trains as well as the B11 and B37 bus routes. The property is zoned R6B and was built in 2016.
The property is located in Brooklyn’s Sunset Park area near restaurants, supermarkets, banks, pharmacies, and parks. It is also close to the 4th and 5th Avenue commercial district, with access to the N, R, and W trains as well as the B11 and B37 bus routes. The property is zoned R6B and was built in 2016.
Key Highlights
- 3,918 SF office property with first‑floor and cellar space
- 890 SF first‑floor community facility
- 3,028 SF cellar accessible by elevator
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.58 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,522
Businesses Nearby
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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
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Market
Lease Benchmarks for Brooklyn, NY
$38.43 /SF/Yr
Avg Asking Price
$7.24–$90 /SF/Yr
Price Range
3,423 SF
Avg Space Size
This space is priced 38% below the average of $38.43 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Brooklyn, NY
Properties on Market for Office Units in Brooklyn
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Two-level office configuration includes separate entrances, elevator access, bathrooms, and air-conditioning on each level.
Where is this office unit located?
The property is located at 229 55th Street Brooklyn, NY.
What is the lease rate?
The lease rate is $7,800/Mo.
What are key features of this property?
This property features: 3,918 SF office property with first‑floor and cellar space; 890 SF first‑floor community facility; 3,028 SF cellar accessible by elevator
