RealtyLens
for saleRealtyLens property overview
$1,369,000

227 55th St

Brooklyn, NY, 11220
View more Brooklyn, NY property pages
10Beds
6Baths
3,792Sqft
$361$/sqft

Listing Notes

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.

Market Insights

Below nearby median-47%

$361/sqft vs a nearby median of $686/sqft.

Nearby median$686/sqft
Nearby properties12
Property size3,792 sqft
  • -47% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 3,792 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$2.41M$2.19M$2.63M · 50% confidence
vs ask $1.37M−$1.04M (−76.0%)

Asking price is about 76.0% below the fair value — likely to draw competing offers if it's still on market.

$655/sqft median across 9 tight comps × 3,792 sqft= $2.48M
  • Open Class C HPD violations−$149k −6.0%
  • Transit access+$62k +2.5%
  • Pre-war character+$62k +2.5%
  • Sparse street life−$37k −1.5%
  • Visible condition issues−$12k −0.5%
Cumulative NYC adjustments−$75k−3.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-47% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
20 days
Last price change
No change recorded
Listed
Apr 22, 2026
Photos
2 photos
Property type
multi family
Status
for sale
Last sold
Sep 21, 2000 · $190,000

Features & Amenities

Hardwood FloorsBasementNew RoofMedicalcare

Building Facts

Year built
1911
Stories
3
Total units
6
Residential units
6
Building area
3,792 sqft
Lot size
2,003 sqft
Land use
Multi-family walk-up buildings
Building class
C2

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,369,000for sale

Public Records

DOB violations0 open

9 total recorded against the building

HPD violations19 open

8 class C (immediately hazardous)

ACRIS documents25

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)31,299

Top: illegal parking

Top complaint types in ZIP 11220

  • Illegal Parking7,358
  • Blocked Driveway2,422
  • Noise - Residential2,079
  • HEAT/HOT WATER1,695
  • Noise - Street/Sidewalk1,479

Recent DOB

  • Jun 20, 2023V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Jan 1, 2009V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
  • Jan 3, 2008V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
  • Feb 27, 2001V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED

Recent HPD

  • Sep 22, 2025Class C · HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 3R, 3rd STORY, 1st APARTMENT FROM WEST AT NORTH
  • Sep 22, 2025Class B · § 27-2005 ADM CODE FIRE ESCAPE DEFECTIVE. ADJUST THE DROPLADDER SO THAT IT WILL SLIDE EASILY IN THE GUIDE RODS AT BUILDING FRONT AT FIRE ESCAPE
  • Sep 22, 2025Class B · § 27-2005, 2007 ADM CODE AND DEPT. RULES AND REGULATIONS. REMOVE THE ENCUMBRANCE OBSTRUCTING EGRESS FROM FIRE ESCAPES AIR CONDITIONER PROTRUDING MORE THAN 4 INCHES BEYOND WINDOW...
  • Sep 22, 2025Class A · § 27-2017.3 HMC: TRACE AND REPAIR THE SOURCE AND ABATE THE VISIBLE MOLD CONDITION... LEST THAN 10 SQUARE FEET AT EAST WALL IN THE BATHROOM LOCATED AT APT 3F, 3rd STORY, 1st APAR...

Recent Transfers (ACRIS)

  • Sep 11, 2015DEED$305,153
  • Sep 11, 2015DEED

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.