New Commercial Condo with
For Sale
$1,200,000
229 55th St C1, Brooklyn, NY 11220
New commercial condo in Sunset Park with tax abatement.
Property Size3,918 SF
Price / SF$306.28
Days on Market105
Property Features for 229 55th St C1
General Information
Standard status
Active
Size
3,918 SF
Property subtype
Commercial
Building Details
Year Built
2016
Listing Agency:
Fang Fang Realty Inc
(718) 676-2518
Listed By:
XueFang (Sue) Li
(718) 676-2518
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 6 at 6:33AM
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 Fang Fang Realty Inc
Investment Insights
Based on property information with market context.
This brand new commercial condo is located in Sunset Park and offers a tax abatement. The first floor features 890 square feet of community facility space with both front and rear entrances. An elevator provides access to the cellar, which offers an additional 3028 square feet of space. Each level includes one bathroom and three A/C units. The property is suitable for an accounting office, attorney office, home care office, or non-profit organizations. The location is convenient to restaurants, supermarkets, banks, pharmacies, and parks. It is near the 4th and 5th Avenue commercial district and minutes away from the N, R, W train station and the B11 and B37 bus stops. The bike score is 73, indicating it is very bikeable. The walk score is 74, indicating it is very walkable. The transit score is 79, indicating excellent transit.
Key Highlights
- Brand new commercial condo with tax abatement.
- Large cellar space offering 3028 SF.
- Excellent transit score (79) and very walkable (74).
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 - New commercial condo in Sunset Park with tax abatement.
Where is this office units located?
The property is located at 229 55th St C1 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: Brand new commercial condo with tax abatement.; Large cellar space offering 3028 SF.; Excellent transit score (79) and very walkable (74).
