The page is useful for research, but the status and price should be verified before acting.
for saleRealtyLens property overview
$1,850,000
715 55th St
Brooklyn, NY, 11220
View more Brooklyn, NY property pages12Beds
6.75Baths
4,719Sqft
$392$/sqft
Listing Notes
Excellent location and opportunity in Prime Sunset Park Neighborhood! This Six(6) Family Building is the 2nd building from 7th Avenue with zoning R6B which can be approved for 2 Commercial Units and 4 Residential Families. No Rent Control apartment and No Lease for all tenants. Building size 23x79' sitting on 23x100' lot. Annual property tax $14,131. Close to everything you would need. Won't Last!
Market Insights
Below nearby median-46%
$392/sqft vs a nearby median of $719/sqft.
Nearby median$719/sqft
Nearby properties8
Property size4,719 sqft
- -46% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 4,719 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$3.12M$2.84M – $3.40M · 50% confidence
vs ask $1.85M−$1.27M (−68.6%)
Asking price is about 68.6% below the fair value — likely to draw competing offers if it's still on market.
$719/sqft median across 8 tight comps × 4,719 sqft= $3.39M
- Open Class C HPD violations−$203k −6.0%
- Days-on-market gravity−$102k −3.0%
- Pre-war character+$85k +2.5%
- Visible condition issues−$68k −2.0%
- Transit access+$17k +0.5%
Cumulative NYC adjustments−$271k−8.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read
Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.
Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 1,646 days
- Last price change
- No change recorded
- Listed
- Nov 8, 2021
- Photos
- 16 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- Feb 21, 1996 · $209,000
Features & Amenities
Hardwood FloorsTwo Or More StoriesRental Property
Photos
Building Facts
- Year built
- 1915
- Stories
- 3
- Total units
- 6
- Residential units
- 6
- Building area
- 4,719 sqft
- Lot size
- 2,304 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C2
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,850,000for sale
Public Records
DOB violations3 open
15 total recorded against the building
HPD violations126 open
21 class C (immediately hazardous)
ACRIS documents13
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)31,227
Top: illegal parking
Top complaint types in ZIP 11220
- Illegal Parking7,350
- Blocked Driveway2,421
- Noise - Residential2,077
- HEAT/HOT WATER1,694
- Noise - Street/Sidewalk1,477
Recent DOB
- Jun 20, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Jun 20, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Dec 17, 2017V-DOB VIOLATION - ACTIVE · P-PLUMBING NONE
- Dec 17, 2017V-DOB VIOLATION - ACTIVE · P-PLUMBING NONE
Recent HPD
- Nov 19, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Jun 6, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Apr 8, 2024Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Feb 11, 2024Class B · § 27-2005 ADM CODE PROPERLY REPAIR WITH SIMILAR MATERIAL THE BROKEN OR DEFECTIVE WOOD MOULDING AROUND DOOR IN THE FOYER LOCATED AT APT 3R, 3rd STORY, 1st APARTMENT FROM NORTH AT...
Recent Transfers (ACRIS)
- Feb 21, 1996DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.