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55 4th Ave #1, Brooklyn, NY, 11217

2beds
4baths
3,600sqft
$3,250,000
$903price/sqft
$18,979/moest. monthly cost
$759,160/yrincome needed

About This Home

3,600 SF | Prime Park Slope Mixed Use Building For Sale - Delivered Vacant 2 apartments, 1 commercial store, No leases Lot Dimensions: 20 x 59 Building Dimensions: 20 x 59 Building Size: 3,600 SF

Getting Around

98
WalkingWalker's Paradise
0
TransitVery Limited Transit
93
BikeBiker's Paradise

Schools

6/10
Ps 38 The PacificGrades PK-50.2 mi

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 3,600
  • Total interior livable area: 3,600 sqft

Property

Details

  • Special condition: Resale

Features

  • Has view: Yes
  • View description: City

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $16,433$197,196
Home Insurance *$436$5,232
Property Taxes $1,516$18,192
Electricity $594$7,139
Total$18,979$227,748
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$650,708/yr
40% on housing$569,370/yr
45% on housing$506,106/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$903This listing

vs Other Active Listings

Avg $/sqft

ZIP 11217$1,292
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11217$1,583
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-12-01Listed for sale$3,250,000

For Sale by Agent

AgentShlomi Bagdadi
BrokerageTri State Commercial Realty

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