5501 4th Avenue

$2,600,000

for sale

6,300 ft²

$412 per ft²

10 rooms

4 beds

2 baths

Mixed-use building
Sunset Park
Resale

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Listing by Tiger Realty, Real Estate Principal Office, 1484 86th Street, Brooklyn, NY 11228

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Common charges

Not applicable

Estimated payment

$13,147/mo

Taxes

No info

Tax abatement

No info

About

Seller’s agent

Tyler Hang Chen

Licensed Real Estate Salesperson

Tiger Realty

Description

Exceptional development opportunity in the heart of Sunset Park! Zoned R7A with approved plans for a mixed-use building consisting of 4 residential units and 1 commercial store. Ideal for developers, investors, or users seeking strong income potential in a high-demand location. Situated on a busy avenue with excellent visibility and foot traffic, close to shopping, restaurants, schools, and public transportation, including the N and R subway lines.

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Home features

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Building amenities

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About the building

404 55th Street

404 55th Street, Brooklyn, NY 11220

Mixed-use building inSunset Park

1 unit

3 stories

1899 built

For sale

1 available units for sale

For rent

0 available units for rent

Documents and permits

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Learn more about 404 55th Street

Property history

Price change: No changes
Days on market: 67 days

Date	Price	Event
6/13/2026	$2,600,000	Listed by Tiger Realty
6/16/2023	$2,067,777	Sold by E House Realty & Management Inc.
4/4/2023	$2,650,000	Listed by E House Realty & Management Inc.
11/30/2017	$2,800,000

Past listing photos

6/16/2023

Explore Sunset Park

Transit

Location	Distance
Rat 53rd St	under 500 feet
NRWat 5th Av/59th St	0.16 miles
Rat 45th St	0.51 miles
Nat 8th Av	0.65 miles
Rat Bay Ridge Av	0.73 miles

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About Sunset Park

Sales

Median asking price

4 beds

$1.9M

Rentals

Median asking base rent

4 beds

$3,600

Tucked between Park Slope and Bay Ridge, Sunset Park is a bit of a hike from Manhattan and Downtown Brooklyn. Relative obscurity has kept rents low for decades, although that appears to be slowly changing as brownstone families are priced out of Park Slope and Carroll Gardens. A new hipster wave is beginning here: Industry City, a cluster of 16 warehouses on cobblestone streets, now hosts Smorgasburg, The Brooklyn Flea, and Mister Sunday, a day dance party in the summer. The galleries, tech conferences, rooftop movie screenings, and countless artisan shops in that complex are slowly putting Sunset Park on the map for young people.

Learn more about Sunset Park