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Commercial Land with Existing Garage
For Sale
$2,700,000

412 E 55th St, New York, NY 10022

Zoned for residential development, the parcel also contains rear space previously used for assembly and community activities.

Property SizeContact for details
Days on Market17

Property Features for 412 E 55th St

General Information

Standard status Active
Property subtype Land

Site & Location

Neighborhood Sunset Park

Taxes and HOA fees

Annual Taxes $6,000
Listing Agency: RE/MAX Edge
Listed By: Zaiyou Zhu · License #ZYZ1615
Source: Exprealty
Added: Oct 15 Changed: Oct 28 Last Checked: Oct 30 at 3:02PM

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 RE/MAX Edge

Rey
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Investment Insights

Based on property information with market context.

This commercial land parcel in Sunset Park, Brooklyn, contains approximately 2,766 square feet of irregular land. An existing garage occupies the front, with former assembly and community space toward the rear. Zoning is R7A/C2-4, with a 4.0 residential FAR and approximately 11,064 square feet of theoretical residential zoning floor area.

Preliminary architectural concepts show an 18-unit residential condominium project, one retail space, and one community facility space. The property is near public transportation and commercial corridors and may be purchased individually or together with the adjoining site at 404 55th Street.

Key Highlights

  • Approximately 2,766 SF of irregular land in Sunset Park, Brooklyn
  • R7A/C2‑4 zoning with a 4.0 residential FAR
  • Approximately 11,064 SF of theoretical residential zoning floor area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Auto Parts Store Butcher Nursing Home Buffet (Bike/Boat/Book/etc) Store Clothing & Fashion Store

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

7,042
Businesses Nearby

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Zoned for residential development, the parcel also contains rear space previously used for assembly and community activities.
Where is this commercial land located?
The property is located at 412 E 55th St New York, NY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Approximately 2,766 SF of irregular land in Sunset Park, Brooklyn; R7A/C2‑4 zoning with a 4.0 residential FAR; Approximately 11,064 SF of theoretical residential zoning floor area
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