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for saleRealtyLens property overview
$700,000
229 55th St Unit 3A
Brooklyn, NY, 11220
View more Brooklyn, NY property pages2Beds
2Baths
811Sqft
$863$/sqft
Market Insights
Below nearby median-13%
$863/sqft vs a nearby median of $992/sqft.
Nearby median$992/sqft
Nearby properties8
Property size811 sqft
- -13% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 811 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$801k$744k – $858k · 69% confidence
vs ask $700k−$101k (−14.4%)
Asking price is about 14.4% below the fair value — likely to draw competing offers if it's still on market.
$992/sqft median across 6 tight comps × 811 sqft= $805k
- Days-on-market gravity−$24k −3.0%
- Transit access+$20k +2.5%
- Modern construction+$12k +1.5%
- Open Class C HPD violations−$12k −1.5%
Cumulative NYC adjustments−$4k−0.5%
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.
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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
- 204 days
- Last price change
- No change recorded
- Listed
- Oct 20, 2025
- Photos
- 11 photos
- Property type
- condos
- Status
- for sale
Photos
Building Facts
- Year built
- 2016
- Stories
- 5
- Total units
- 13
- Residential units
- 7
- Building area
- 9,589 sqft
- Lot size
- 3,856 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$700,000for sale
Public Records
DOB violations0 open
1 total recorded against the building
HPD violations2 open
1 class C (immediately hazardous)
ACRIS documents0
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
- Dec 11, 2008VP*-VIOLATION UNSERVED ECB- DISMISSED · C-CONSTRUCTION OTHER OPTIONAL
Recent HPD
- May 11, 2026Class 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...
- Dec 22, 2025Class C · § 27-2031 ADM CODE PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 3A, 3rd STORY, 1st APARTMENT FROM SOUTH AT WEST
- Dec 22, 2025Class C · § 27-2070 ADM CODE PROVIDE AN ADEQUATE SUPPLY OF GAS TO THE FIXTURES AT GAS RANGE IN THE ENTIRE APARTMENT LOCATED AT APT 4A, 4th STORY, 1st APARTMENT FROM SOUTH AT WEST
- Dec 22, 2025Class C · § 27-2029 ADM CODE PROVIDE AN ADEQUATE SUPPLY OF HEAT FOR THE APARTMENT IN THE ENTIRE APARTMENT LOCATED AT APT 4A, 4th STORY, 1st APARTMENT FROM SOUTH AT WEST
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.