Multi-Level Office Space with
For Lease
$7,800/Mo
229 55th Street, Brooklyn, NY 11220
SINGLE_FAMILY - Brooklyn, NY
Property Size3,918 SF
Lot Size0.09 Acres
Days on Market409
Property Features for 229 55th Street
General Information
Property type
Residential
Property subtype
Office
Zoning
R6B
Subdivision
Sunset Park
Standard status
Active
Size
3,918 SF
Lot size
0.09 Acres
Building Details
Year built
2016
Number of units
1
Listing Agency:
Fang Fang Realty Inc
(718) 676-2518
Listed By:
XueFang (Sue) Li
(718) 676-2518
Added: Jun 19, 2025
Changed: Jul 29
Last Checked: Aug 1 at 1:06PM
MLS# 493620
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Investment Insights
Based on property information with market context.
This brand-new office property offers a multi-level configuration designed for flexible tenant operations. The first floor includes a 890 SF community facility with both front and rear entrances, providing convenient options for staff and visitor access. An elevator leads down to the cellar level, where an additional 3,028 SF of space is available. Each level features one bathroom and three A/C units, supporting day-to-day comfort and usability across the different work areas.
Located at 229 55th Street in Brooklyn’s Sunset Park area, the building provides access to nearby retail and services. The surrounding area includes restaurants, supermarkets, banks, pharmacies, and parks, and it is close to the commercial district along 4th & 5th Avenue. Public transit access is also noted, with the N, R, W train station nearby, along with B11 and B37 bus stops.
The layout and amenities make the space practical for a range of professional and community-oriented uses, including accounting or attorney offices, home care offices, and non-profit organizations. With separate entrances and elevator service between levels, it can accommodate organizations that need to operate across more than one area within the same facility.
Located at 229 55th Street in Brooklyn’s Sunset Park area, the building provides access to nearby retail and services. The surrounding area includes restaurants, supermarkets, banks, pharmacies, and parks, and it is close to the commercial district along 4th & 5th Avenue. Public transit access is also noted, with the N, R, W train station nearby, along with B11 and B37 bus stops.
The layout and amenities make the space practical for a range of professional and community-oriented uses, including accounting or attorney offices, home care offices, and non-profit organizations. With separate entrances and elevator service between levels, it can accommodate organizations that need to operate across more than one area within the same facility.
Key Highlights
- 890SF First Floor Community Facility plus 3028SF Cellar Space
- Front and Rear Entrances
- Elevator Access to Cellar
Property Analytics
Property Profile
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
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
Lease Benchmarks for Brooklyn, NY
$40.41 /SF/Yr
Avg Asking Price
$9.28–$125 /SF/Yr
Price Range
4,307 SF
Avg Space Size
This space is priced 41% below the average of $40.41 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - New, multi-level office facility with street-level access and elevator access to additional cellar space.
Where is this office units 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: 890SF First Floor Community Facility plus 3028SF Cellar Space; Front and Rear Entrances; Elevator Access to Cellar
