227 55th St, Brooklyn, NY, 11220
About This Home
An exceptional opportunity to own a well-maintained, all-brick six-family building in Sunset Park—Brooklyn’s high-demand, family-friendly neighborhood. This turnkey income producer features 2 spacious 1-bedrooms and 4 comfortable 2-bedrooms, plus a full basement with storage/potential. Major capital improvements (brand-new roof, new heating, boiler, updated electrical) offer peace of mind. Commuting is easy, with the R & N train subway stations just minutes away, plus convenient access to B11 & B63 bus routes, putting Downtown Brooklyn and Manhattan within easy reach. Surrounded by local dining, markets, schools, hospitals, and iconic Sunset Park, this is a rare, move-in-ready investment gem in a thriving Brooklyn location—don’t miss it.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Materials
- Foundation: Concrete Perimeter
- Roof: Flat
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bathrooms: 6
- Full bathrooms: 6
Features
- Flooring: Hardwood,Tile
Heating
- Heating features: Natural Gas,Steam/Radiator
Interior Area
- Total structure area: 3,792
- Total interior livable area: 3,792 sqft
Property
Details
- Attached to another structure: Yes
- Special condition: Arm's Length
- Foundation area: 1480
Lot
- Lot size: 2,003 sqft
- Features: Back Yard,Front Yard
- Lot size dimensions: 20x100
Parking
- Parking features: None
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
- Cold Wave
- Hurricane
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,922 | $83,064 |
| Home Insurance * | $326 | $3,912 |
| Property Taxes | $638 | $7,656 |
| Electricity | $626 | $7,519 |
| Total | $8,512 | $102,144 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-22 | Listed for sale | $1,369,000 |
| 2026-03-02 | Listing removed | $1,369,000 |
| 2026-01-06 | Price change | $1,369,000 |
| 2025-05-19 | Price change | $1,400,000 |
| 2025-04-10 | Listed for sale | $1,499,000 |
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